For a core competence to be a viable basis for the corporation strengthening a new business unit, there are three requirements. Which one of the following is not one of these requirements?
A. The collection of competencies should be unique, so that they cannot be easily imitated.
B. The competence must help the business gain strength relative to its competition.
C. The new business must have an established large market share.
D. The new business must be similar to existing businesses to benefit from a core competence.
Answer: C
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Stephenson Co.'s 15-year bond with a face value of $1,000 currently sells for $850. Which of the following statements is CORRECT?
A. The bond's current yield exceeds its yield to maturity. B. The bond's yield to maturity is greater than its coupon rate. C. The bond's current yield is equal to its coupon rate. D. If the yield to maturity stays constant until the bond matures, the bond's price will remain at $850. E. The bond's coupon rate exceeds its current yield.
Jody loaned her neighbor, Phil, her snow blower. Phil set it near his driveway, and later accidentally ran over and destroyed it. In a suit to recover damages, Jody as plaintiff has the burden of proving that Phil was negligent and caused the destruction of her snow blower
a. True b. False Indicate whether the statement is true or false
An interest that arises in a third party in the future is called a(n):
a. reversion. b. remainder. c. assignment. d. fee simple absolute.
Which of the following statements is true about women in the United States?
A. Women are overrepresented in agriculture and underrepresented in education and health services. B. Working mothers in the U.S. are less committed than men to their work. C. Asian American women earn the most, relative to men, whereas Hispanic women earn the least. D. Today, women constitute less than 15 percent of the U.S. workforce.