Risk aversion is the behavior exhibited by managers who require ________
A) an increase in return, for a given decrease in risk
B) an increase in return, for a given increase in risk
C) no changes in return, for a given increase in risk
D) decrease in return, for a given increase in risk
B
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When all sellers pursue essentially identical strategies and have similar market positions
A. they use the same key success factors to differentiate their products. B. they still must possess customer service attributes that differentiate them from one another in the marketplace. C. they remain subject to different driving forces. D. they place about the same emphasis on various distribution channels. E. the industry can be said to contain one strategic group.
A sample of 400 observations will be taken from an infinite population. The population proportion equals 0.8. The probability that the sample proportion will be greater than 0.75 is
A. 0.8764. B. 0.1236. C. 0.9938. D. 0.0062.
An excess earnings accumulation tax is levied when ________
A) shareholders receive dividends which exceed a firm's earnings B) firms do not pay dividends in order to delay the owners' tax liability C) firms do not pay dividends to reinvest in the firm D) earnings exceed accumulated dividends over the years
An advertiser that wants to add weight and drama to its advertising message can have the ad printed on high-quality paper stock and placed in the magazine for a premium price. This is called a(n)
A. gatefold. B. island half. C. junior unit. D. insert. E. full unit.