Your firm recently approved the sale of a group variable annuity that is not registered. rrs will be compensated for sales of the unregistered annuity. once the firm has given approval for such transactions, what is the firm's responsibility?

[a] only when commissions are not paid on the sale of this security must the firm establish policies and conditions for transactions in the security.
[b] supervision of transactions in this security or other securities is not required, so long as the securities are only sold to the close friends and family members of registered representatives.
[c] since group variable annuities are not considered securities, the firm has no recordkeeping responsibilities regarding sales of such annuities.
[d] all transactions and involvement in the sale of such securities by registered representatives must be supervised by the firm.

Winston uses the high-low method. it had an average cost per unit of $10 at its lowest level of activity when sales equaled 10,000 units and an average cost per unit of $6.50 at its highest level of activity when sales equaled 20,000 units. what would winston estimate its total cost to be if sales equaled 8,000 units?

Ajustification for job training programs is that they improve worker productivity. suppose that you are asked to evaluate whether more job training makes workers more productive. however, rather than having data on individual workers, you have access to data on manufacturing firms in ohio. in particu- lar, for each firm, you have information on hours of job training per worker (training) and number of nondefective items produced per worker hour (output). (i) carefully state the ceteris paribus thought experiment underlying this policy question. (ii) does it seem likely that a firm’s decision to train its workers will be independent of worker characteristics? what are some of those measurable and unmeasurable worker characteristics? (iii) name a factor other than worker characteristics that can affect worker productivity. (iv) if you find a positive correlation between output and training, would you have convincingly established that job training makes workers more productive? explain.

Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance