The idea that the future is unpredictable yet controllable and entrepreneurs can “effect” the future is called:

a. the theory of predictability
b. the theory of controllability
c. the theory of causation
d. the theory of effectuation


d. the theory of effectuation

Business

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The pricing method that establishes selling prices based on a specified rate of return on the assets employed in the operation is

A) target cost pricing. B) return on assets pricing. C) time and materials pricing. D) gross margin pricing.

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What is viral marketing? Why is viral marketing important for a firm's brand message?

What will be an ideal response?

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Internal rate of return is preferable to net present value because IRR employs a weighted average cost of capital discount rate that reflects potential reinvestment

Indicate whether the statement is true or false

Business

Firms overseas have almost total legal protection against government acts in the countries in which they operate, under the act of state doctrine.

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

Business