1、Q. If the beta of KH is 0.65, risk-free rate is 4% and the rate of return on the market portfolio is 14%, calculate the expected rate of return on KH stock:

A. 　can be effectively eliminated through portfolio diversification.

B. 　is compensated for by the risk premium.

C. 　is measured by beta.

D. 　cannot be avoided if you wish to participate in the financial markets.

A. 　the depreciated book value of a firm＇s fixed assets.

B. 　the value of a firm＇s current assets.

C. 　available cash minus current liabilities.

D. 　current assets minus current liabilities.

A. 　As a classical theory, it explains four major processes of management.

B. 　Four managerial processes include ‘Planning-Organizing-Controlling-Internalizing’

C. 　Planning means a managerial process of establishing mission and goals, and formulating strategies.

D. 　Organizing means a managerial process of designing the rational organization structure.

A. 　A service facility is more likely to serve national or even international markets.

B. 　Manufacturing organizations generally have more difficulty in matching capacity with demand.

C. 　In many service organizations, such as hospitals and entertainment centers, customers themselves are inputs to the transformation processes.

D. 　Most service organizations can buffer themselves against uncertain demand by creating inventories and smoothing output levels.

A. 　forecasting demand

B. 　uniformity of input

C. 　labor content of jobs

D. 　customer contact

A. 　less relevance

B. 　less accuracy

C. 　insufficient

D. 　less expensive

A. 　ESS

B. 　TPS

C. 　MIS

D. 　DSS

A. 　planned-order schedules

B. 　bill of materials

C. 　master production schedule

D. 　inventory records

A. 　Phishing

B. 　Pharming

C. 　Vishing

D. 　Smishing

A. 　I and II

B. 　 II and III

C. 　III and IV

D. 　II and IV