The present value of a future lump sum factor is 1
1 +i n
.
Indicate whether the statement is true or false
TRUE
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Which of the following is not one of the three objectives of a quality program?
a. Product quality should be consistent to always meet the purchaser's need(s) b. Product quality should always vary because customers change their wants and needs over time. c. A quality program should give customers confidence that the intended quality will be achieved in products. d. A quality program should give management confidence that the quality is/and will be at a constant level.
Which of the following is NOT true about a matching strategy?
a. With this strategy, the company increases its capacity in small increments to keep pace with increases in demand. b. This strategy can be cumbersome. c. The strategy requires frequent tinkering and the adding and shifting of capacity. d. This strategy poses a greater risk in comparison to a leading strategy.
Since managers' central goal is to maximize stock price, managers' personal incentives do not interfere with mergers that would benefit the target firm's stockholders.
Answer the following statement true (T) or false (F)
Most managers are risk-averse, since for a given increase in risk they require an increase in return
Indicate whether the statement is true or false