A conglomerate discount refers to which circumstance?
A. The book value of the whole conglomerate is greater than the sum of the value of the parts.
B. The market value of the whole conglomerate is less than the sum of the value of the parts.
C. The book value of the whole conglomerate is less than the sum of the value of the parts.
D. The market value of the whole conglomerate is greater than the sum of the value of the parts.
Answer: B
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What is the difference between the "problem" and the "research objective" in marketing research?
A) Functionally, there is no difference. B) A problem is a situation that calls for managers to make a choice among alternatives; research objectives are totally dependent on the problem but they are different in that they state what the researcher must do. C) A problem is a situation that calls for managers to make a choice among alternatives; research objectives are NOT totally dependent on the problem but they are different in that they state what the researcher must do. D) A research objective is a situation that calls for managers to make a choice among alternatives; problems objectives are totally dependent on the problem but they are different in that they state what the researcher must do. E) The two terms are so dissimilar, it is not possible to describe the difference.
The majority of new firms are low-budget start-ups financed through
A. bank financing B. personal savings and contributions of family and friends C. venture capital D. an initial public offering (IPO)
Successful transnational teams tend to:
a. treat all members similarly by ignoring cultural differences. b. spend more time initially developing social relations. c. spend more time initially defining team projects and goals. d. avoid face-to-face meetings.
Which of the following is the implied default title conveyed in a sale of real estate?
A) life estate B) servient estate C) fee simple absolute D) fee simple defeasible