When Firm X makes the decision to pay dividends, they also make the decision not to reinvest the
cash in the firm.
Indicate whether the statement is true or false
TRUE
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Which of the following is not a procedure to check the quality of clustering results?
A) Perform cluster analysis on the same data using different distance measures. Compare the results across measures to determine the stability of the solutions. B) Delete variables randomly. Perform clustering based on the reduced set of variables. Compare the results with those obtained by clustering based on the entire set of variables. C) Use the same method of clustering and compare the results. D) Split the data randomly into halves. Perform clustering separately on each half. Compare cluster centroids across the two subsamples.
In response to price cuts from competitors, a cereal company with several more expensive and higher quality cereals introduced a lower-priced option to its product line
This is an example of which of the following responses to a competitor's price cut? A) raising the perceived value of a product B) improving product quality C) accepting a reduced market share D) launching a "fighter brand" E) using high-low pricing
According to Marshall McLuhan's statement that "the medium is the message," a great speaker can succeed only with well-developed message content
Indicate whether the statement is true or false
Which of the following groups is responsible for approving changes in the fundamental structure of the business?
A) the shareholders B) the board of directors C) the corporate officers D) the financial investors