Refer to Scenario 10-1. From the given information, it is apparent that

A) the production of gasoline involves a negative externality, so the market will produce a smaller quantity of gasoline than is socially desirable.
B) the production of gasoline involves a negative externality, so the market will produce a larger quantity of gasoline than is socially desirable.
C) the production of gasoline involves a positive externality, so the market will produce a smaller quantity of gasoline than is socially desirable.
D) the production of gasoline involves a positive externality, so the market will produce a larger quantity of gasoline than is socially desirable.

You have been given this probability distribution for the holding-period return for a stock: $\begin{array}{lcc}\text{ Stock of the Economy }& \text{ Probability}& \text{HPR }\\ \text{ Boom }& 0.40& 22\%\\ \text{ Normal growth }& 0.35& 11\%\\ \text{ Recession }& 0.25& -9\%\end{array}$


What is the expected standard deviation for the stock?

A) 2.07%
B) 9.96%
C) 7.04%
D) 1.44%
E) None of the options are correct.

The extent to which one accepts that power in institutions and organizations is distributed unequally is known as:

A) follower role orientation.
B) leadership orientation.
C) power distance orientation.
D) constructive follower orientation.
E) social construction.

Social media marketing serves to accomplish all of the following except

A) activate customer advocacy.
B) provide context to social interactions.
C) increase brand visibility.
D) gain a competitive advantage.
E) grow customer engagement.

To provide reliable,consistent,and unbiased information to decision makers,accountants follow guidelines,or standards,known as

A) the accounting process.
B) the accounting system.
C) generally accepted accounting principles (GAAP) .
D) Financial Accounting Standards Board (FASB) .

In the context of structural configurations proposed by Mintzberg, the _____ is a loosely coupled, composite structural configuration composed of units, each of which may have its own structural configuration.

A) professional bureaucracy
B) machine bureaucracy
C) divisionalized form
D) simple structure