Hedge funds are typically set up as ________.

A) limited liability partnerships
B) corporations
C) REITs
D) mutual funds

Margaret has Machiavellian tendencies, so she is likely to:

A) reach out to less fortunate people.
B) rebel against macho men in the workplace.
C) manipulate other people for her personal gain.
D) avoid political tactics.

The introduction of a tariff will be expected to

A) reduce imports.
B) increase the prices of exports but have no effect on the level of imports.
C) reduce the prices of exports but have no effect on the level of imports.
D) increase exports.
E) increase imports.

According to Henri Fayol, a manager's job can be divided into the following five areas of responsibility: planning, organizing, leading, motivating, and controlling.

Performance measurement is important because:

A) it allows firms to rate competitors.
B) without it, managers would not know how the global economy is doing.
C) companies presently operating in the European Economic Community need to understand how its competitors are doing.
D) lower-level metrics in an organization must connect directly to the high-level performance to achieve goals.

_____ is money owed by national governments.

A) International debt
B) Financial debt
C) Sovereign debt
D) Federal equity