In new product development, what advantage do first movers have?
What will be an ideal response?
They are the first firm in a product category and, if successful, like Amazon and eBay, they could dominate a market segment and develop a commanding market share lead.
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Which of the following is not a factor in determining a CEO’s compensation?
a. Company size b. Competition within the industry c. Internationalization d. Company performance
The two basic elements of consideration are intention and agreement
Indicate whether the statement is true or false
The beginning share price for a security over a three-year period was $50. Subsequent year-end prices were $62, $58 and $64. The arithmetic average annual rate of return and the geometric average annual rate of return for this stock was:
A) 9.30% and 8.58% respectively. B) 9.30% and 7.89% respectively. C) 9.30% and 7.03% respectively. D) 9.30% and 6.37% respectively.
Tax treaties typically result in ________ between the two countries in question
A) lower property taxes for U.S. citizens overseas B) elimination of differential tax rates C) increased double taxation D) reduced withholding tax rates