a portfolio has 3 stocks, apple 43.9%, starbucks 35.8%, and microsoft. the betas are apple 1.21, starbucks 0.82, and microsoft 0.69. calculate the beta of the portfolio to 2 decimal places.

Answers

Answer 1

If a portfolio is comprised of three stocks. Then the stock apple comprises 43.9% of the portfolio, Starbuck's 0.82, and Microsoft 0.69 and has a beta of 1.21. The portfolio beta is 0.772 .

Portfolio beta is calculated by using the given formula.

Here, the portfolio comprises of three stocks.

Portfolio beta = (Apple portfolio × beta)+[(1-Starbucks portfolio) × Microsoft beta]

βp = (43.9% × 1.21) + [(1 - 35.8%) × 0.69%]

βp = (0.531) + [.35 × 0.69%]

βp= 0.531 + 0.241

βp = 0.772

However, the portfolio beta tends to describe a relative volatility of an individual securities portfolio.

Hence, the portfolio beta is 0.772

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Related Questions

What happens if you are caught driving without insurance?

Answers

Driving without insurance is an infraction and is punishable be a fine between $100 and $200 plus any other state assessments and fees. However, if the driver is ticketed a subsequent time for driving without insurance within 3 years of the first infraction, then the fine will be between $200 and $500.

When purchasing her new car, molly traded in her previous car, which was a buick in good condition. the dealer offered her 80% of the listed trade-in value for her car, giving her a total of $1,340.80. what was molly’s previous car?

Answers

The value of Molly's car, given the trade - in value and percentage of the previous car, can be found to be $ 1, 676

What is a trade - in value ?

The car that customers trade in when they purchase a new car from the dealership is known as a trade-in. The trade-in value that a dealer will typically offer for the car is almost always less than the market value that you could obtain by selling it privately.

A well-kept example of a well-liked model may be a trade-in, which the dealer can repair and resell on the used car lot for a profit. Second, the dealer is facilitating the customer's decision to purchase the new vehicle. Any other justification for accepting a trade-in entails extra work, extra expense, and unpredictability for the dealer.

The trade - in value for Molly's car can be found by the formula :

= Listed trade in value of Molly's car / Percentage of the car

= 1, 340.80 / 80 %

= $ 1, 676

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you are the manager of a travel company. the business analyst on your team reports that price elasticity of demand for your economy flights is 1.9. how do you interpret this number?

Answers

This number means that for every 1% increase in the price of the economy flights, there is a 1.9% decrease in demand. This implies that the demand for the economy flights is very sensitive to price changes.

Write a brief note on price elasticity of demand?

Price elasticity of demand (PED) is a measure of the responsiveness of the quantity demanded of a good to a change in its price. It is measured as the percentage change in quantity demanded divided by the percentage change in price. Typically, a good is considered to be price elastic if the PED is greater than one, inelastic if it is between zero and one, and unit elastic if it is equal to one. Generally, goods that represent a small portion of the consumer’s budget are more price elastic than those that represent a large portion of the budget. Price elasticity of demand is an important factor for firms to consider when setting prices and making decisions about production.

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suppose a country has real gdp of $10,000 at the beginning of the year 2015. each year the economy grows by 7 percent. how much will their real gdp be by 2025?

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The country's real GDP will be $17,194 in 2025 if each year the economy grows by 7 percent.

How do you calculate the real GDP of the economy?

To calculate the real GDP of a country in a future year, you can use the formula:

Real GDP in future year = Real GDP in current year * (1 + growth rate)^(number of years)

Using this formula, we can calculate the real GDP for 2025 as follows:

Real GDP in 2025 = $10,000 * (1 + 0.07)^(10)

= $10,000 * 1.7194

= $17,194

Therefore, the country's real GDP will be $17,194 in 2025.

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a company that is centralized has given a great deal of decision-making authority to lower-level managers.

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True. In a centralized organization, lower-level managers frequently have very little decision-making authority.

Which one of the following best describes a centralized organization?

In a centralized organization, lower-level managers frequently have very limited decision-making authority. Typically, decisions are communicated to lower levels for execution after being made at the executive or senior management level.

Lower-level managers frequently have the responsibility of adhering to decisions made by their superiors rather than making their own.

In a centralized organization, the senior executives hold the majority of the decision-making authority. To put it another way, decisions are made at the highest levels, typically with the assistance of lower-level managers, but the top executives ultimately make the call.

Top executives make the ultimate decision, despite the fact that lower-level managers may voice their opinions.

Centralized organizations can be advantageous because they foster a sense of cohesion and direction throughout the company because all decisions are made from the top down. This can make procedures easier to follow and ensure that the company is working toward the same goals.

In an effort to solve this issue, many centralized businesses are now delegating a significant amount of decision-making authority to lower-level managers.

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Question-

True or false: In strongly centralized organizations, decision-making authority is reluctantly delegated to lower-level managers who have little freedom to make decisions.

john and jenny have been saving for 2 years to take their six children on a vacation to disneyworld. they are surprised to find out that airline tickets are far more expensive than they had anticipated. they decide to try to find cheaper tickets on priceline, where they are allowed to set the price they are willing to pay for the airline tickets. what form of e-business model are john and jenny using? group of answer choices

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John and Jenny use a sort of e-business model called C2B. Online marketplaces are websites that make it easier for businesses and consumers to buy and sell goods and services.

What, using an example, is C2B e-commerce?

Consumer-to-Business, or C2B, is a term used to describe a business model where customers provide value to a business instead of the other way around as in a B2C model. C2B models come in several forms, including as data sharing, compensated testimonials, and referral schemes.

C2B trade is used?

C2B stands for business to consumer. It is a type of commerce where customers provide different goods or services to companies. Businesses use the C2B model to collect data from their clients in order to generate high-quality products and services.

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year 1 2 3 4 5 free cash flow $25 million $28 million $32 million $36 million $41 million home industries is expected to generate the above free cash flows over the next five years, after which free cash flows are expected to grow at a rate of 4% per year. if the weighted average cost of capital is 10% and home industries has cash of $20 million, debt of $40 million, and 100 million shares outstanding, what is the expected current share price of home industries?

Answers

Free cash flow at Year 6 = FCF 5 x (1 + Growth rate) = 32 x 1.03 = $32.96. Business value at Year 5 = 32.96 / (0.06 - 0.03) = $1,098.6667 million.

What is cash flow? Cash flow is the money that comes in and goes out of a company. It is the generation of income and the payment of expenses. Cash inflows result from either the generation of revenue through the selling of goods and services, money borrowed, or money earned through investments.If more cash is coming into the company than leaving the company, you are experiencing positive cash flow. But if more cash is leaving the company than coming into the company, then you are experiencing negative cash flow. Keep in mind that just because you are experiencing negative cash flow for the moment doesn't mean you are going to suffer a loss, because cash flow is dynamic. Cash flow is reported on the company's cash flow statement, which is also called a statement of cash receipts and disbursements.

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Which of the following is NOT a reason why people invest in the stock market?

A. Investing in the stock market usually offers a higher return than the interest earned on a savings account.

B. Investing is a guaranteed way to make money.

C. Investing in companies through the stock market offers a chance to share in the profits of those companies.

D. None of the above

Answers

Answer: B investing is a guarantee to make money

Explanation: I took the assessment

hearth company uses the units-of-production method to estimate depreciation. the company purchased a new machine for $38,000 that will produce an estimated 230,000 units over its useful life. the estimated residual value of the machine is $2,000. what is the depreciation rate per unit?

Answers

The depreciation rate per unit for Heatherbrae Co. is $0.133. The unit-of-production depreciation method estimates the depreciation expense per unit by dividing the depreciable amount by the estimated useful life of the asset.

For each period, the depreciation expense per unit is multiplied by the units of production to determine the period's total depreciation expense.

Data and Calculations:

Cost of machine = $48,000

Residual value = $4,000

Depreciable amount = $44,000 ($48,000 - $4,000)

Estimated useful life in units = 330,000

Depreciation expense per unit = $0.133 ($44,000/330,000)

Thus, the depreciation rate per unit for Heatherbrae Co. is $0.133.

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what is the difference between value line smart investment survey-smart investor and value line and value line- investor 600

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The main difference between the Value Line Smart Investment Survey-Smart Investor and the Value Line Investor 600 is the scope of the coverage, with the Smart Investment Survey-Smart Investor covering a wider range of stocks, mutual funds, and ETFs, while the Investor 600 is focused on a specific group of 600 stocks.

Value Line is a financial research and analysis company that offers a range of investment products and services, including the Value Line Smart Investment Survey-Smart Investor, the Value Line Investor 600, and the Value Line Investment Survey.

The Value Line Smart Investment Survey-Smart Investor is a subscription-based service that provides in-depth analysis and ratings for a wide range of stocks, mutual funds, and exchange-traded funds (ETFs). It is designed for individual investors who are looking for comprehensive and reliable investment information to help them make informed investment decisions.

The Value Line Investor 600 is a subscription-based service that provides in-depth analysis and ratings for 600 of the largest, most liquid stocks listed on the New York Stock Exchange (NYSE) and the NASDAQ. It is designed for investors who are looking for information on a specific group of stocks and want to focus their research on a select list of companies.

The Value Line Investment Survey is a subscription-based service that provides in-depth analysis and ratings for approximately 1,700 stocks listed on the NYSE, NASDAQ, and American Stock Exchange (AMEX). It is designed for investors who want broad coverage of the stock market and want to research a wide range of companies.

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the copyright clause prohibits the government from creating a special kind of monopoly around intellectual property. true or false

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The following statement "the copyright clause prohibits the government from creating a special kind of monopoly around intellectual property" is true.

A market that has "no competition" results in a situation where one individual or business is the only supplier of a given good or service. This contrasts with oligopoly and duopoly, which include a small number of vendors controlling a market, and monopsony, which refers to a single entity's dominance of a market to buy an item or service.

Monopolies are therefore defined by a lack of viable replacement products, a lack of economic rivalry to manufacture the commodity or service, and the potential for a high monopoly price that is substantially beyond the seller's marginal cost and generates a large monopoly profit.

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which of the following is not a difference between monopolies and perfectly competitive markets? question 4 options: monopolies can earn profits in the long run while perfectly competitive firms break even. monopolies charge a price higher than marginal cost while perfectly competitive firms charge a price equal to marginal cost. monopolies choose to produce the quantity at which marginal revenue equals marginal cost while perfectly competitive firms do not. monopolies face downward sloping demand curves while perfectly competitive firms face horizontal demand curves.

Answers

The following is not a difference between monopolies and perfectly competitive markets : monopolies charge a price higher than marginal cost while perfectly competitive firms charge a price equal to marginal cost

A competitive marketplace exists because of consumer needs. they are a marketplace structure wherein opposition among numerous companies is at its highest. There are 4 styles of markets: ideal aggressive, monopoly, monopolistically aggressive market, and oligopolistic.

In economics, competition is a state of affairs where different monetary companies are in contention to achieve goods which might be restricted by means of various the elements of the marketing mix: fee, product, promoting and location.

From a microeconomics perspective, competition can be motivated by means of 5 primary factors: product capabilities, the wide variety of sellers, boundaries to entry, records availability, and vicinity.

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sabrina duncan had gross earnings for the pay period ending 10/15/20x1 of $5,815. her total gross earnings as of 9/30/20x1 were $104,600. if social security taxes are 6.20% on a maximum earnings threshold of $132,900 per year, sabrina's social security withheld from her 10/15/20x1 paycheck would be: multiple choice $239.07 $224.13 $360.53 $416.81

Answers

The amount deducted by Sabrina's 10/15/20x1 paycheck for social security purposes is $224.13.

What do taxes mean?

Taxes are compulsory payments made by the a government organization, whether regional, regional, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, like Medicare and Medicaid as well as public infrastructure and services like roads and schools.

Briefing:

Total earnings

= Gross earnings for the pay period ending 10/15/16 + Total gross earnings as of 9/30/16

=  $5,815 + $104,600

= $110,415

These National Insurance taxes are calculated based on an annual income cap of $132,900.

The Social Security deduction from Sabrina's 10/15/16 paycheck will indeed be

= ( Total earnings - $132,900 ) × Social Security tax rate

= ( $110,415 - $132,900 ) × 0.062

= $22485 × 0.062

= $224.13

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which industry is more highly concentrated: one with a herfindahl index of 1,200 or one with a four-firm concentration ratio of 55 percent?

Answers

The correct option is C. It%u2019s impossible to say enterprise is more incredibly focused: one with a Herfindahl index of 1,200 or one with a four-firm awareness ratio of fifty-five percent.

The Herfindahl index (also known as the Herfindahl–Hirschman Index) is a measure of market concentration used in economics and competition law. The index is calculated by summing the squares of the market shares of the firms in a market. The higher a firm's market share, the higher its contribution to the index. The index can range from 0 to 1, where 0 indicates perfect competition and 1 indicates a monopoly.

The index is used to measure the degree of monopoly power in a market, and to assess the likelihood that a merger or acquisition will reduce competition. It is also used to measure the degree of competition in an industry and to assess the degree of competition among firms. The Herfindahl index is an important tool for regulators when considering mergers and acquisitions and other antitrust issues. The higher the Herfindahl index, the more concentrated the market and the greater the potential for anticompetitive behavior.

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Complete Question:

Which industry is more highly concentrated: one with a Herfindahl index of 1,200 or one with a four-firm concentration ratio of 55 percent?

a) The one with a Herfindahl index of 1,200.

b) The one with a four-firm concentration ratio of 55 percent.

c) It%u2019s impossible to say.

d) Both have the same concentration, just stated differently.

you buy an 9-year $1,000 par value bond today that has a 6.70% yield and a 6.70% annual payment coupon. in 1 year promised yields have risen to 7.70%. your 1-year holding-period return was

Answers

Investors like corporate sinking funds because they offer some level of creditor protection.

What precisely is a bond and how does it function?

An IOU-like debt security called a bond is. Bonds are issued by borrowers in order to obtain funds from financiers who are ready to lend them for a specific period of time. When you purchase a bond, we make a loan to the issuers, which could be a municipality, a corporation, an organization, or both.

What five sorts of bonds are there?

Bonds can be divided into five categories: corporate, municipal, agency, savings, and Treasury. There are various providers, goals, purchasers, and risk-to-return ratios for various types of bonds. You can also purchase bonds if you want to profit from them.

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What determining factor do buyers use to
select products in a pure competition
market?
A. Quality
C. Profit
B. Brand
D. Price

Answers

Answer: D

Explanation:

Answer: In a pure competition market, the determining factor that buyers use to select products is price. Therefore, the correct answer is option D: price.

Explanation: In a pure competition market, the determining factor that buyers use to select products is price. In a pure competition market, there are many buyers and sellers, and the products offered by the sellers are largely the same. In this type of market, buyers will typically choose the product with the lowest price, as there is little difference between the products offered by the different sellers. Other factors, such as quality, brand, and profit, may also play a role in a buyer's decision, but in a pure competition market, price is typically the most important factor.

italian restaurant provides clear instructions for its employees and ensures they have the needed skills and resources before the work begins. this refers to control. a. relative b. feedforward c. reasonable d. feedback e. concurrent

Answers

Italian restaurant provides clear instructions for its employees and ensures they have the needed skills and resources before the work begins. this refers to control. The right response is D. feedback.

Warranty services efficiently fulfil the promise that a warranty firm, such as a manufacturer, merchant, or service provider, makes when selling a product with a warranty, an extended warranty, or a service contract.

Warranty services cover all necessary upkeep, fixes, and replacements for warranted goods.

A service warranty is any contract or arrangement that pays for the upkeep, maintenance, or replacement of tangible personal property, such as cars. When a producer or similar business offers a guarantee, they are promising something about the state of their product.

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a contract under which a seller forbids a buyer to purchase products from the seller's competitors is a tying arrangement. true false

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The statement is false, that a contract under which a seller forbids a buyer to purchase products from the seller's competitors is a tying arrangement.

A tying arrangement happens when a vendor makes the purchase or lease of one good or service contingent on the customer's acceptance of the purchase or lease of another good or service through a legal provision or technological restriction. When the buyer purchases the two items in an unfixed or unspecified proportion, as in a "requirements tie-in" transaction, economists use the word "tying" most frequently.

Typically, a bundled sale is one in which the items are only offered in predetermined ratios (e.g., one pair of shoes and one pair of shoe laces or a newspaper, which can be viewed as a bundle of sections, some of which may not be read at all by the customers). Another name for bundling is "package tie-in." The phrases "tying" and "bundling" are occasionally used synonymously in American case law.

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describe how free market features could be introduced to help alleviate the social problem through free market operations of supply and demand.

Answers

Government intervention is absent in a free market, and supply and demand and voluntary exchange serve as the only pillars of the economic system.

What do you mean by "demand"?

The consumer's desire to buy a specific commodity or service is known as demand. Market demand is the demand on the market for a specific good. The total demand in the economy for goods and services is known as aggregate demand. The price of a commodity or service is determined by the demand and supply balance.

What does "demand" mean?

Relevant Lessons

A fundamental tenet of economics is the law of demand, which holds that demand for a good increases when prices are low and decreases when prices are high. During Black Friday sales, when customers rush to purchase items at steep discounts, the law of demand is in effect.

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assume the cpi increases from 200 to 240 and a person's nominal income increases from $20,000 to $30,000 over the same period. this person's real income has

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The CPI increases from 200 to 240 if a person's nominal income increases from $20,000 to $30,000 over the same period. This person's real income has increased by 25%.

A consumer price index is a price index that measures the cost of a market basket of products and services for consumers that households purchase on average and in weighted terms. Price fluctuations throughout time are tracked by changes in the CPI. The consumer price index, or CPI, tracks changes in prices for products and services over time.

Real income, commonly referred to as real salary, refers to an individual's or an organization's earnings after accounting for inflation. Unlike nominal income, which does not account for these changes, real income does. In order to comprehend their ability to spend the most money, people frequently attentively monitor the difference between their nominal and real income.

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the government passes a new initiative to encourage savings in a country with a well-functioning banking system. which of the following is the best explanation of the savings initiative's impact on economic growth in the country? group of answer choices technological advance occurs, but there is no effect on economic growth. human capital is enhanced, and economic growth is positively affected. the capital stock increases, and economic growth is positively affected. the capital stock decreases, and economic growth is negatively affected.

Answers

The government passes a new initiative to encourage savings in a country with a well-functioning banking system. The best explanation of the savings initiative's impact on economic growth in the country capital stock increases, economic growth is positively affected.

An organized community governed by a system or group of individuals, usually a state. Government usually includes the legislative, executive and judicial branches in its broad sense. Government is a tool for making political decisions as well as a vehicle for implementing organizational policies.

A statement of government ideology and philosophy is equivalent to a constitution in many countries. The term "government" is sometimes used more explicitly to refer to about 200 separate national governments and its subsidiary organisations, although all have regulatory bodies.

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1 2 3 4 5 6 7 8 9 10 which describes the difference between a personal loan and a credit card? credit cards offer lump sums of money, while personal loans set a maximum amount a person can borrow. credit cards are secured loans for large amounts, while personal loans are unsecured for small purchases. personal loans offer lump sums of money, while credit cards set a maximum amount a person can borrow. personal loans are secured for small purchases, while credit cards are unsecured loans for large amounts.

Answers

Personal loans offer lump sums of money, while credit cards set a maximum amount a person can borrow describes the difference between a personal loan and a credit card.

The primary distinction between a personal loan and a credit card is that a personal loan provides a lump sum upfront, whereas a credit card provides a spending limit. Each has advantages and disadvantages.

Personal loans provide lump sums of money, whereas credit cards restrict the amount a person can borrow. Personal loans are secured loans used for small purchases, whereas credit cards are unsecured loans used for large purchases.

If you require a large amount of cash for a project or want to pay off high-interest credit card debt, you should consider a personal loan. If you're making a small, everyday purchase, a credit card is a better choice.

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suppose that a rare virus infects and kills a significant percentage of the population. assuming that land and labor are complements in a farming production function, what would happen to the wages earned by workers and the rents earned by landowners?

Answers

The wages earned by workers and the rents earned by landowners -  Wages would increase, and rents would decrease.

What drives an increase in the labor supply curve?

A change in worker preferences, a change in nonlabor income, a change in the cost of associated goods and services, a change in population, or a change in expectations will cause the supply curve for labor to alter.

According to economists, the availability of labor is a problem that arises when people decide how to organize their time after weighing the opportunity costs of various options. There are 24 hours in every day. We can put our time to many different uses, like working, taking care of kids, sleeping, playing, and volunteering. Let's assume for the sake of simplification that there are only two possible ways for a person to spend their time: at work or in leisure.

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alphabet company, which uses the periodic inventory method, purchases different letters for resale. alphabet had no beginning inventory. it purchased a thru g in january at $9.00 per letter. in february, it purchased h thru l at $11.00 per letter. it purchased m thru r in march at $12.00 per letter. it sold a, d, e, h, j and n in october. there were no additional purchases or sales during the remainder of the year. if alphabet company uses the weighted average method, what is the cost of its ending inventory? (round the per unit cost to two decimal places and then round your answer to the nearest whole dollar.)

Answers

Using weighted average method, the cost of its ending inventory is $67.

Ending inventory = 5.56* 12 = 67

Weighted average method:

The weighted average considers the relative frequency or relevance of particular variables in a data set.

Sometimes a weighted average is more precise than a basic average.

In a weighted average, the allocated weight is multiplied by each data point value, which is then added together and divided by the total number of data points.

Because of this, a weighted average can increase the accuracy of the data.

Investors in stocks use a weighted average to keep track of the cost basis of the shares they have acquired over time.

A weighted average, as opposed to a basic average, takes into account the relative weight or contribution of the items being averaged. As a result, it assigns more weight to the average items that happen relatively more frequently.

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Convincing yourself that something is going to happen before it does, thus leading to the occurrence of what you originally expected, is called?

Answers

When our beliefs and expectations influence our behavior at the subconscious level, we are enacting what is known as a self-fulfilling prophecy.

What is self-fulfilling prophecy?

A self-fulfilling prophecy is a prediction that comes true at least in part as a result of a person's or group of persons' belief or expectation that said prediction would come true. This suggests that people's beliefs influence their actions. The principle behind this phenomenon is that people create consequences regarding people or events, based on previous knowledge of the subject.

There are three factors within an environment that can come together to influence the likelihood of a self-fulfilling prophecy becoming a reality: appearance, perception, and belief. When a phenomenon cannot be seen, appearance is what we rely upon when a self-fulfilling prophecy is in place. When it comes to a self-fulfilling prophecy there also must be a distinction "between 'brute and institutional' facts".

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the current price of a bond is $95 and its duration is 9 years. if ytm decreases from 4% to 3.8%, what is the new price of the bond?

Answers

The most recent price at which a security was sold on an exchange is the current price. The bond's new price is $96.64.

For buyers and sellers, the current price acts as a benchmark. Present pricing is a good reflection of current worth, but depending on supply and demand, the actual price of the next sale could be greater or lower. Current prices are those that are listed at a specific time and are considered to be in nominal value. Constant prices are expressed in real value, which has been adjusted for changes in prices relative to a reference point or base line.

Modified duration calculation:

Duration modified by (1 + Yield to maturity) = Duration /

Duration modified = 9 / (1 + 0.04)

Duration modified: 9 / 1.04

Duration modified = 8.6538

This means that for every 1% movement in the yield to maturity, the bond price will move 8.6538% in the opposite direction.

In the example, the yield to maturity falls by 0.2% (4 - 3.8), increasing the price of the bond by 1.73076% (8.6538 / 1 * 0.2).

Bond price adjustment: $95 * 1.0173076

The bond's new price is $96.64.

The bond's new price is $96.64.

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consumers are vulnerable when they are not aware that they are subject to a marketing campaign. this type of campaign is called

Answers

Consumers are vulnerable when they are not aware that they are subject to a marketing campaign, this type of campaign is called a stealth marketing campaign.

What is consumers ?

Consumer protection refers to the laws, regulations, and organizations designed to protect consumers from unfair or deceptive business practices. These protections include laws that regulate product safety, truth in advertising, and consumer privacy. They also include organizations such as consumer protection agencies, consumer advocacy groups, and consumer ombudsmen. Consumer protection laws are designed to ensure that consumers have access to safe and reliable products, that businesses use fair and transparent pricing and advertising practices, and that individuals have control over their personal data. Consumer protection organizations work to ensure that businesses follow the law, that consumers are informed about their rights and can access remedies when those rights are violated.

In a stealth marketing campaign, companies use tactics that are designed to be unobtrusive and hidden from view, such as placing a product in a movie or TV show, or using influencers to promote a product on social media without disclosing that they are being paid to do so.  Consumers can protect themselves by doing research before making any purchases and being aware of the tactics used by companies to promote their products.

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which key strategic leadership action plays a key role in influencing how the firm conducts its business and regulates and controls employees' behavior?

Answers

How to Maintain a Successful Organizational Culture Strategic leadership action has a significant impact on how the company runs its operations and governs and controls employee behavior.

Which of the following describes strategic leadership's objective?

The major goals of strategic leadership are to improve strategic productivity, foster creativity, and create an environment that motivates staff to work hard, act independently, and advance their own ideas.

What are the three phases of developing a leader?

leadership's three phases- We are moving past the first stage of leadership. Let's examine the initial level of leadership, which focuses on action. building the conditions for excellence, from 2 to 3. In the third level, multifunctional leadership is discussed, the drive to increase.

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anthem incorporated issues 200,000 shares of stock with a par value of $0.07 for $156 per share. three years later, it repurchases these shares for $86 per share. how would anthem record the repurchase?

Answers

Debit Treasury Stock for $17.20 million and credit Cash for $17.20 million.

what is Debit ?

A debit is an accounting entry that affects a company's balance sheet by increasing assets or decreasing liabilities. In basic accounting, credits that work in the inverse direction of debits balance each other out.

The journal entry would be :

Treasury stock = (200,000*86)

To cash $17.2million

Debit Treasury Stock for $17.20 million and credit Cash for $17.20 million.

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according to the resource-theory of the firm discussed in mcnett's article the ethics of workplace diversity, the main reason for an organization to have a more diverse workforce would be

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To draw in the most exceptional and varied talent that can give one a competitive edge in various areas.

How do you define resource-based theory?

According to resource-based theory, a corporation is best positioned for long-term success if it has access to valuable, uncommon, difficult-to-replicate resources. These strategic resources can act as a springboard for developing solid competencies that, over time, may result in improved performance.

What does the word "resources" mean?

It means a source of supply or support—an option. A natural source of riches or income; generally used in the plural. Frequently used in the plural.: a natural phenomenon or feature that improves the standard of living for people.

The original question is:

According to the resource theory of the firm discussed in McNett's article the ethics of workplace diversity, the main reason for an organization to have a more diverse workforce would be _______.

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