The two most common means of acquisition are the entrepreneur's direct purchase of the firm's entire stock or assets or the bootstrap purchase of these assets.

Answer the following statement true (T) or false (F)


True

Business

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According to surveys, what percentage of companies have social media guidelines?

A) 10-15 percent B) 15-20 percent C) 25-30 percent D) 35-40 percent E) 45-50 percent

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The tendency to consistently produce a particular type of forecast (high or low) that isn’t accurate is called a(n) ______.

A. overestimate B. underestimate C. bias D. wrong estimate

Business

In all substituted contracts there must be an agreement among three parties where a new promise is substituted for an existing promise or a new promisor is substituted for an existing promisor

a. True b. False Indicate whether the statement is true or false

Business

Pfizer wants to price its newest medication product so that it earns a 35% return on investment. It chose this pricing objective because of the significant amount of resources it spent on research and development. What is one challenge of using return on investment as a pricing strategy?

A. It typically involves trial and error. B. It gives only a partial estimate. C. It oversimplifies the contribution of price to profits. D. It is an unsustainable pricing strategy. E. Its achievement is difficult to measure.

Business