Consider the following regression of stock j: rj  =  a  +  b1rm+   +  b2rm- Which coefficient, b1 or b2, is more important to estimate expected return?

Consider the following two stocks: A B Mean 15% 20% Std. deviation 20% 26% Sharpe 0.50 0.58 Skewness -0.01 -1.23 Kurtosis 1.26 5.34

Portfolios that are going to do badly in bad times should offer _________ average return.

________ is the management function of setting goals and determining how to meet them.

Why is cost control so important today?

Who can provide the necessary cost-cutting ideas?

What is meant by a “belt-tightening” program?

__________ includes deciding which activities will take priority over others and deciding who will do what tasks and when.

In the management by objectives (MBO) system, the top management alone sets the objectives for each employee in the company.

Cooking food to 140°F (60°C) is sufficient to kill all foodborne pathogens.