A major difference between the Knights of Labor and the AFL was that the:
A) Knights of Labor sought to work within the system rather than change it.
B) AFL believed striking was an effective labor weapon.
C) AFL chose to concentrate on moral as well as social reform.
D) Knights of Labor sought the overthrow of capitalism.
E) Knights of Labor required high annual dues of its membership.
Question 2 - What is the investment technique of betting on making money if a stock value declines?
A) Secondary offering
B) Buying on margin
C) IPO
D) Short selling
E) Dollar-cost averaging
Question 3 - The Knights of Labor is most closely associated with:
A) the goal to eliminate unions.
B) the use of the strike weapon.
C) the goal of strongly supporting mass-production technology because of its positive effect on workers.
D) the goal to overthrow capitalism.
E) eliminating depersonalization of workers resulting from mass-production technology.
Question 4 - Shares of Kendra Products have plummeted recently. You're certain the price has hit bottom and will soon start to rise. You borrow money from your broker to buy shares of the stock, expecting to sell those shares when the price increases so that you can repay the broker and rake in a nice profit. This strategy is known as:
A) short selling.
B) insider trading.
C) buying on margin.
D) a stock option.
E) a futures contract.
Question 5 - The product team for Scrubbie Soap cannot agree on the best way to promote the new product. Each member of the team has developed successful campaigns for other products, but together the members can't seem to reach consensus on Scrubbie Soap. This is an example of which pitfall of teamwork?
A) Social loafing
B) Synergy
C) Groupthink
D) Conflict
E) Entropy
Question 6 - Stock of a company that distributes the majority of its profits to its shareholders in the form of dividends is known as:
A) a growth stock.
B) an ETF.
C) a derivative.
D) an income stock.
E) a sector stock.
Question 7 - Half of Macy's executive board are women, including two African Americans and one Asian American. CEO Terry Lundgren believes this group is diverse not only in ethnicity but also in education and experience. These different perspectives allow the executive board to be innovative in their decision making. This is an example of what advantage to teamwork?
A) Accuracy
B) Synergy
C) Satisfying needs
D) Creativity
E) Groupthink
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