If Microsoft announces plans for a new-product development, smaller firms may choose to concentrate their development efforts in other directions to avoid head-to-head competition. In this example, Microsoft is employing a ________ strategy

A) preemptive defense
B) counteroffensive defense
C) mobile defense
D) flank defense
E) contraction defense


A

Business

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Emerging markets present a number of challenges to anyone conducting market research, which includes all of the following except:

A) underdeveloped technology infrastructure. B) geographic issues. C) data-gathering methodologies. D) privacy issues. E) lack of field teams.

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Lawes Company, a cash basis business, mailed a $24,500 invoice to MWQ Partnership for professional services rendered. MWQ offered to pay the invoice by transferring 250 shares of ConAgri common stock to Lawes. The shares are selling on the NYSE at $98 per share. If Lawes accepts the shares in payment, it recognizes:

A. No taxable income until it sells the ConAgri shares for cash. B. It is illegal for a cash basis taxpayer to accept a noncash payment. C. $24,500 taxable income. D. No taxable income.

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________ law is derived from the Sastras

A) Common B) Romano-Germanic C) Islamic D) Hindu

Business

According to the random walk hypothesis, the best prediction of tomorrow's stock price is:

A) Current earnings per share. B) Today's stock price. C) P/E ratios of other firms in the industry. D) The most recent dividend. E) Predictions by the best informed analysts.

Business