Using lower cost borrowed funds and earning a higher rate of return on those funds than their cost
a. increases the return to the common shareholders.
b. is a phenomenon called financial leverage.
c. requires the common shareholders to take on more risk in their investment.
d. all of the above
e. none of the above
D
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In the __________ approach of structural design, departments are independent, contracting services to the central hub for a profit.
Fill in the blank(s) with the appropriate word(s).
Which is NOT true of a presentation delivered synchronously?
a. People can watch it repeatedly. b. It allows for audience participation. c. It is conversational in tone. d. It precipitates more of a connection between speakers and receivers.
The strategic vision of a company
A. is used for the systematic monitoring of its external opportunities. B. is the basic purpose of the company. C. is the strong enduring belief used by the company to make decisions. D. provides a perspective on where the company is headed.
Anna's new business looks like it can grow quickly and become profitable in its first year. Anna will likely find _____ possible sources of financing than those with less potential for growth and profits.
A. fewer B. about the same number of C. more D. many more