Which of the following would be considered predatory pricing?
A) a company that prices it products below cost to get rid of a surplus
B) a company that prices below cost to drive out competitors
C) a company that offers a volume discount
D) a company that offers the suggested retail price on the manufacturer's package
E) a company that offers real-time pricing online
B
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Group socialization refers to a process by which:
a. a group is integrated into the larger organizational context. b. a person becomes a member of a group. c. leaders develop relations with individual members. d. a person decides to leave a group.
Answer the following statement(s) true (T) or false (F)
1. The employee’s name is an example of an object. 2. MS Access would be appropriate for an organization that had a small database and limited knowledge of database programming. 3. The advent of the Internet and a standardized communication protocol have contributed to easier database programming. 4. The database design process begins with determining what the users want.
In which of the following situations is there a third party incidental beneficiary who would be unable to enforce the agreement?
a. Wholesalers, when the buyer of a business promises the seller that he will pay outstanding debts to wholesalers who have supplied inventory for the business. b. Workers, where a contractor agrees to post a performance bond to assure payment of workers and material suppliers. c. A debtor, where a new partner enters an accounting firm and agrees to pay a share of debts incurred prior to his admission to the firm. d. A doctor, when an automobile accident policy states that the insurance company will reimburse the insured for medical expenses incurred as a result of an automobile accident.
Puckett Corp. has just issued nonconvertible preferred stock (cumulative) with a par value of $50 and an annual dividend rate of 7.25%. The preferred stock is currently selling for $38.75 per share. What is the yield or return (r) on this preferred stock?
A) 9.341% B) 9.345% C) 9.351% D) 9.355%