________ is the practice of sending unsolicited email directed to five or more people not personally known to the sender
A) Spimming
B) Spamming
C) Junking
D) Appealing
E) Reaching
B
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With respect to competitive advantage, share followers with above-average profits ________
A) have lower relative product quality B) have lower levels of capacity utilization C) have lower levels of price, and unit margin D) invest less aggressively in marketing as a percentage of sales, in comparison with competitors E) invest more in research and development (R&D) as a percentage of sales
A judgmental forecasting technique that uses decision makers, staff personnel, and respondent to determine a forecast is called
A) exponential smoothing. B) the Delphi method. C) jury of executive opinion. D) sales force composite. E) consumer market survey.
Ethical egoism is selfishness
Indicate whether the statement is true or false
Which of the following statements is CORRECT?
A. Firms with a lot of good investment opportunities and a relatively small amount of cash tend to have above-average dividend payout ratios. B. One advantage of the residual dividend model is that it leads to a stable dividend payout, which investors like. C. An increase in the stock price when a company cuts its dividend is consistent with signaling theory as postulated by MM. D. If the "clientele effect" is correct, then for a company whose earnings fluctuate, a policy of paying a constant percentage of net income will probably maximize its stock price. E. Stock repurchases make the most sense at times when a company believes its stock is undervalued.