Under the RMBCA, a pre-incorporation subscription may be revoked at any time without the consent of the subscribers
a. True
b. False
Indicate whether the statement is true or false
False
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An increase in the use of technology has caused
a. fewer costs to be susceptible to short-run control. b. companies to be more flexible in responding to changing short-term conditions. c. managers to be less concerned about capacity utilization because of the increased ability to produce in large quantities. d. a decline in the amount of fixed costs in an organization.
Two factors have enhanced management's respect for employee communication in public relations: One is the value associated with building employee understanding, teamwork, and commitment in achieving bottom-line results. What is the other?
A. Public relations' expanded role in directly achieving bottom–line results B. The need for a strong management communication network and to hold supervisors accountable for effective employee communication C. Advances in technology require greater skill to carry out the employee communication function D. Employee disloyalty costs American businesses $150 billion a year E. Public relations has the coordination and mediation necessary for dealing with employees
Which of the following statements concerning risk management is NOT CORRECT?
A. Risk management can reduce the volatility of cash flows, and this decreases the probability of bankruptcy. B. Risk management makes sense for firms directly engaged in activities that involve commodities whose values can be hedged, but it doesn't make much sense for most other firms. C. Companies with volatile earnings pay more taxes than companies with more stable earnings due to the treatment of tax credits and the rules governing corporate loss carry-forwards and carry-backs. Therefore, our tax system encourages risk management to stabilize earnings. D. Risk management can reduce the likelihood of low cash flows, and therefore reduce the probability of financial distress. E. Risk management involves identifying events that could have adverse financial consequences and then taking actions to prevent and/or to minimize the damage caused by these events.
Real options are valuable, and that value is correctly captured by a traditional NPV analysis. Therefore, there is no reason to consider real options separately from the NPV analysis.
Answer the following statement true (T) or false (F)