The output of simulation provides an excellent basis for decision making since it allows the decision maker to view a continuum of risk-return trade-offs rather than a single-point estimate
Indicate whether the statement is true or false
TRUE
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Many companies that sell clothes over the Internet will send e-mail messages or an e-mail newsletter to customers who are interested in keeping up with the latest fashion news. This strategy is most successful if it is based on:
A) lifetime value and customer cluster analysis B) data mining C) customer profile information the customer has provided to the company D) customer profile information obtained through cookies
Which statement is true about cultures with a long-term orientation?
A. They focus primarily on cultural values that tend to pay off in the future. B. They prefer jobs that are relaxed, easy, and do not involve hard work. C. They promote respect for those who are good at achieving immediate results. D. They focus primarily on cultural values that fulfill obligations in the present. E. They have a tendency to look down upon those who invest in savings.
Living wills help family members and doctors determine what treatment an individual wishes to receive when they are unable to make their own medical decisions
Indicate whether the statement is true or false
Some investors think that the Rumple Shirt Co.'s repurchase program was a bad deal for shareholders, because the company paid too much for its repurchased shares
Before the repurchase, the company's shares traded for $30. Over the last quarter, Rumple repurchased 150 million shares (15% of shares outstanding) at an average price of $33 per share. Shares outstanding are now 850M. Calculate the stock price after the repurchase. If you bought 100 shares prior to the repurchase, and sold the same percentage of shares as Rumple repurchased (for the same price they paid), then what is your profit (loss) on the investment? (Assume that you sold the non-repurchased shares at the post-repurchase price.) A) -$52.94 B) -$26.02 C) $0 D) $45 E) $300