The standard of service performance in terms of inventory availability and capability provided at a reasonable cost is known as ________.
Fill in the blank(s) with the appropriate word(s).
Answer: threshold service (level)
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Which of the following would not inhibit new entrants into a market?
a. Existing technological expertise. b. Large required capital investment. c. Lack of rivalry among current participants. d. Existing patented technology.
How have Walmart’s long-term goals differed from its short-term goals?
a. They are much more ambitious and aspirational. b. They are much more profit-centered. c. They are relatively easier to achieve. d. They are more related to emissions than waste.
Key-account sellers are responsible for a large number of important accounts.
Answer the following statement true (T) or false (F)
Rocky Mountain Drilling Inc has a new shale oil field under development
The firm estimates free cash flows to the firm (FCFF) of $2,000,000 at the end of one year and increases of 20% per year for each of the next two years, and then year-end fcff of $3,000,000 per year for five years before exhausting the oil in the field. If the firm has a WACC of 12.5%, what is the value today of these expected cash flows? A) $8,485,936 B) $10, 817,300 C) $13,198,893 D) $20,280,000