________ ventures occur when a company joins forces with foreign investors to create a local business of its own
A) Joint ownership
B) Licensing
C) Contract manufacturing
D) Franchising
E) Indirect exporting
A
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Chance events play a role in shaping the competitive environment. Chance events are occurrences which include all of the following except:
A) major technological breakthroughs. B) wars and their aftermath. C) oil crisis. D) currency fluctuations. E) annual business meeting.
ISPs provide e-mail accounts to users, Internet access, and storage on the Internet
Indicate whether the statement is true or false
What four elements determine the value of average outgoing quality?
What will be an ideal response?
The next expected dividend for Stock P is $2.5, and the current price of the stock is $32.5. Its earnings, dividends, and price can be expected to grow at a constant rate of 4 percent per year. The risk free rate is 3%, the market risk premium is 5.5%, and the stock's beta is 1.2. Based on the given information, which of the following statements is correct?
A. ?An investor should buy this stock because its expected rate of return is 11.69%, and its required rate of return is 9.6% B. ?An investor should not buy this stock because its expected rate of return is 9.6%, and its required rate of return is 11.69% C. ?An investor should buy this stock because its expected rate of return is 12.54%, and its required rate of return is 8.28%, D. ?An investor should not buy this stock because its expected rate of return is only 8.28%, and its required rate of return is 12.54% E. ?An investor should be indifferent toward buying or selling the stock, because its required rate of return is equal to its expected rate of return.