When using the risk-adjusted discount rate method, a manager increases the rate used for discounting future cash outflows
Indicate whether the statement is true or false
F
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China is the first BRICS nation in the upper-middle-income category with a GNI per capita income of $6,560 in 2013
Indicate whether the statement is true or false
In which of the following situations would a firm most likely pursue a low-cost leader strategy?
A) There are no competitors in the market and the firm is the market leader. B) The nature of its products does not allow the firm to maintain a volume advantage in the market. C) The company's product is a niche product and appeals to only a few customers. D) The market is quality-sensitive rather than price-sensitive. E) The firm can minimize its operational expenses in order to sell higher volumes of products.
A newsworthy story may fail to attract attention if an organization has incorrectly identified the channel(s) through which to disseminate its message
Indicate whether the statement is true or false
Mike won $700 in a football pool. This amount is not taxable.
Answer the following statement true (T) or false (F)