Fundamental value is the ________ value of expected earnings of a company or of all companies in the stock market as a whole.

A. past
B. future
C. expected
D. present


Answer: D

Business

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When communicating across cultures, the best strategy regarding language use is to

A. learn the local language. B. assume that business is always conducted in English. C. employ a translator. D. rely on the goodwill and knowledge of others. E. use a translation app or device.

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Variable costing is more useful than absorption costing in determining a company's break-even point

Indicate whether the statement is true or false

Business

Which statement concerning global direct marketing is not correct?

a. There is a decreasing acceptance of nonstore retailing outside the United States. b. Outside the United States, annual direct sales are in the hundreds of billions of dollars. c. Eddie Bauer and Lands' End are among the firms with a significant international presence. d. There are direct marketing trade associations in such diverse countries as Australia, Brazil, China, and Russia.

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Path-goal leadership theory does not include

a. Directive leadership b. Achievement-oriented leadership c. Empowerment leadership d. Participative leadership

Business