Position which occurs because of selling floor and buying cap is classified as

A. floating collar
B. fixed collar
C. currency collar
D. collar
✅ The correct answer is option D.
Position which occurs because of selling floor and buying cap is classified as collar. A collar, commonly known as a hedge wrapper, is an options strategy implemented to protect against large losses, but it also limits large gains.

44. The technique that have been used to evaluate an employee in comparison with other employees

A. Ranking
B. Forced choice
C. Essay evaluation
D. Critical incident technique
✅ The correct answer is option A.
The Ranking technique have been used to evaluate an employee in comparison with other employees. Ranking method is one of the simplest performance evaluation methods. In this method, employees are ranked from best to worst in a group. The simplicity of this method is overshadowed by the negative impact of assigning a ‘worst’ and a ‘best’ rating to an employee.

Eurobonds are admired because

A. they are less risky than traditional bonds
B. European companies are considered very stable
C. of absence of government regulation
D. they are always denominated in euro
✅ The correct answer is option C.
Eurobonds are admired because of absence of government regulation. A Eurobond is a debt instrument that’s denominated in a currency other than the home currency of the country or market in which it is issued. Eurobonds are important because they help organizations raise capital while having the flexibility to issue them in another currency.

Example of derivative securities is

A. return backed security
B. mortgage backed security
C. cash flow backed security
D. interest backed security
✅ The correct answer is option B.
Example of derivative securities is mortgage backed security. A derivative security is a financial instrument whose value depends upon the value of another asset. The main types of derivatives are futures, forwards, options, and swaps. An example of a derivative security is a convertible bond.

607. ____ information system planning us the last stage of the planning process.

A. Tactical
B. Strategic
C. Architecture
D. Processed
✅ The correct answer is option A.
Tactical information system planning us the last stage of the planning process. Tactical information systems (TIS) are a subset of DSS that replicate a user’s decision making process rather than merely model or support that process. They are capable of extrapolating solu- tions that the decision maker did not anticipate and explicitly include in the system.

Which of following is not a cause for global investment?

A. To gain access to important raw materials.
B. To produce products and/or services more efficiently than possible domestically.
C. To provide an expected risk-adjusted return in excess of that required.
D. International investments have less political risk than domestic investments.
✅ The correct answer is option D.
International investments have less political risk than domestic investments is not a cause for global investment. International investing involves selecting global investment instruments as part of a geographically diversified portfolio. People often invest internationally to broaden diversification and spread investment risk among foreign markets and companies.

Licensing permits firms to employ their expertise in foreign marketplace without a

A. Investment
B. Acquisition of Subsidiary
C. International trade
D. Major investment in foreign countries
✅ The correct answer is option D.
Licensing permits firms to employ their expertise in foreign marketplace without a major investment in foreign countries. Licensing is a relatively flexible work agreement that can be customized to fit the needs and interests of both licensor and licensee.