The risk component for entrepreneurs______.
a. is unavoidable and entrepreneurship is ideal for extreme risk-takers
b. can be reduced with a good business plan
c. can be reduced with diversification
d. can be managed with the cycle of act–learn–build
d. can be managed with the cycle of act–learn–build
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Harvey's Bookstore is a popular online bookstore that has differentiated itself through smooth-functioning delivery networks. This is an example of ________ differentiation
A) product B) image C) price D) channel E) people
Gere Furniture forecasts a free cash flow of $40 million in Year 3, i.e., at t = 3, and it expects FCF to grow at a constant rate of 5% thereafter. If the weighted average cost of capital is 10% and the cost of equity is 15%, what is the horizon value, in millions at t = 3?
A. $840 B. $882 C. $926 D. $972 E. $1,021
A(n) ________ is considered a less serious crime than a felony and is not inherently evil but prohibited by society
A) indictable offence B) violation C) felony D) misdemeanor
An attempt to monopolize trade, even if unsuccessful, may be a violation of the Sherman Act
a. True b. False Indicate whether the statement is true or false