Which of the following is NOT true regarding behavioral observations of firms making a decision to invest internationally?
A) MNEs initially invest in countries with a similar "national psychic."
B) Firms eventually take greater risks in terms of the national psychic of countries in which they invest.
C) Initial investments tend to be much larger than subsequent ones.
D) All of the above have been observed.
Answer: C
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Which of the following statements is true?
A. Recessions occur at regular intervals. B. Each phase of the business cycle is of equal length. C. Several economic variables move together during recessions. D. The length of each phase of the business cycle can be predicted in advance.
________ is money from selling part of a business to people who are not and will not be involved in the management of the business.
A. Dividend B. Outside equity C. Bond D. Equity capital
The Financial Accounting Foundation (FAF) is the parent organization of which of the following organizations?
A) AICPA (American Institute of Certified Public Accountants) B) AAA (American Accounting Association) C) SIFMA (Securities Industry and Financial Markets Association) D) FASB (Financial Accounting Standards Board)
Which generation was referred to as "busters" and was thought of as slackers who are cynical about marketing?
A) Generation Y B) Generation X C) Baby boomers D) Millennial E) Generation Z