What is the effect of an increase in the current price of an investment?
A. The approximate expected yield will increase.
B. The approximate expected yield will decrease.
C. The approximate expected yield will remain the same.
D. The average annual current income will increase.
E. The average annual current income will decrease.
Answer: B
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The second step in the strategic-management process is a(n) ________, where managers look at where the organization stands, and then determine what is working and what could be different to maximize efficiency and effectiveness in achieving the organization's mission.
A. organizational vision statement B. company synergy assessment C. current reality assessment D. ethical and diversity evaluation E. grand strategy
Portfolio management matrices are applied to what level of strategy?
A. international level B. departmental level C. business level D. corporate level
Which of the following is not a reason for a corporation to acquire treasury stock?
A) to reduce the likelihood of being acquired by another company B) to maintain the market price of the company's stock C) to reduce the earnings per share D) to be used in the acquisition of other companies
Which of the following is NOT one of the advantages of inside selling?
A) Inside selling is less expensive than in-person selling. B) Inside salespeople spend more time checking inventory. C) Inside salespeople spend more time following up orders. D) Inside salespeople spend more time phoning smaller accounts. E) All of the above are advantages.