Repurchase agreements having maturity of one week or lesser have denominations of

A. $10 million or more
B. $20 million or more
C. $25 million or more
D. $15 million or more
✅ The correct answer is option C.
Repurchase agreements having maturity of one week or lesser have denominations of $25 million or more. A repurchase agreement (repo) is a form of short-term borrowing for dealers in government securities. In the case of a repo, a dealer sells government securities to investors, usually on an overnight basis, and buys them back the following day.

In writing business letters, one has to be

A. dull
B. formal
C. conventional
D. friendly
✅ The correct answer is option D.
In writing business letters, one has to be friendly. A business letter is usually a letter from one company to another, or between such organizations and their customers, clients and other external partyes. The overall style of letter depends on the relationship between the parties concerned.

Additional debt instruments or equity instruments of publicly traded firm are included in markets classified as

A. flow market
B. primary markets
C. secondary markets
D. funding markets
✅ The correct answer is option B.
Additional debt instruments or equity instruments of publicly traded firm are included in markets classified as primary markets. The primary market is where securities are created. It’s in this market that firms sell (float) new stocks and bonds to the public for the first time. An initial public offering, or IPO, is an example of a primary market.

The operating decisions resulting actions usually cover ____ periods.

A. Medium
B. short time
C. over an year
D. long time
✅ The correct answer is option B.
The operating decisions resulting actions usually cover short time periods. Operating decisions are determinations made in regard to the routine, ongoing activities of an organization.

Interest rate equilibrium is increased and supply curve of funds shifts to left or upward is result of

A. increase in future value
B. decrease in future value
C. increase in total wealth
D. decrease in total wealth
✅ The correct answer is option D.
Interest rate equilibrium is increased and supply curve of funds shifts to left or upward is result of decrease in total wealth. The equilibrium interest rate is the rate at which the quantity of money demanded is equal to the quantity of money supplied. The Federal Reserve can alter the equilibrium interest rate by adjusting the supply of money. The demand for money and supply of money can be graphed to determine the equilibrium interest rate.

Which of the following is not a factor in the positioning of an organization in an industry?

A. Competitive advantage
B. Rate of growth
C. Market share
D. Size
✅ The correct answer is option B.
Rate of growth is not a factor in the positioning of an organization in an industry. A process through which the structure of a multigent system organization increases the number of its roles and links. Organizational growth is essentially a quantitative process.

Gross margin is added to cost of sold goods to calculate

A. revenues
B. selling price
C. unit price
D. bundle price
✅ The correct answer is option A.
Gross margin is added to cost of sold goods to calculate revenues. Revenue is the income generated from normal business operations and includes discounts and deductions for returned merchandise. It is the top line or gross income figure from which costs are subtracted to determine net income.

In Markov analysis, state probabilities must.

A. Sum to one
B. Be less than one
C. Be greater than one
D. None of the above
✅ The correct answer is option A.
In Markov analysis, state probabilities must sum to one. Markov assumptions: (1) the probabilities of moving from a state to all others sum to one, (2) the probabilities apply to all system participants, and (3) the probabilities are constant over time.

The three performance counseling phases are

A. Rapport building, Exploration, Action planning
B. Support building, Exploration, Action planning
C. Rapport building, Explanation, Action planning
D. Rapport building, Exploration, Accurate planning
✅ The correct answer is option A.
The three performance counseling phases are Rapport building, Exploration and Action planning.
In the rapport building phase, a good counselor attempts to establish a climate of acceptance, warmth, support, openness and mutuality.
In Exploration phase, the counselor should attempt to help the employee understand and appreciate his strengths and weaknesses. He should also understand his own situation, problems and needs.
In Action Planning Counseling interviews should end with specific plans of action for development of the employee. The main contribution of the superior in this phase is in helping the employee think of alternative ways of dealing with a problem.