Which of the following statements is NOT correct? Under conditions of perfect capital markets:
A) investors do not pay taxes, but firms do.
B) firms do not pay taxes, but investors do.
C) capital structure matters because it can change the value of the firm.
D) capital structure does not matter because it cannot change the value of the firm.
A
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Business cycle refers to the
A. rise and fall of firms in a particular industry. B. rise and fall of industries in the economy. C. short-run fluctuation of international trade as a proportion of GDP. D. short-term movement of output and other key economic variables around their long-term trends.
Parallel importing occurs when companies employ a(n) ________ multinational pricing policy that calls for setting different prices in different country markets
A) ethnocentric B) polycentric C) regiocentric D) geocentric E) extension
Which of the following leadership styles is most universally acceptable and desired for adapting to a country's cultural values?
A. Participative leadership B. Transactional leadership C. Transformational leadership D. Autocratic leadership
Marc’s manager saw him come back late from lunch one day. Marc was late because he had been working out a problem with a client. However, Marc’s manager assumed Marc just took a long lunch and is a slacker. It is likely his manager made a(n) ______ error.
A. stereotyping B. bias C. attribution D. proximity