Venus Corp. a high-technology, gadget-making company has introduced a gaming console with attractive features. Even though the console is priced modestly and has better features than the existing ones, it has failed as many customers are apprehensive about buying it. To create demand, Venus Corp. should:
A. price the console extremely high.
B. create its own set of technical standards.
C. ensure that there are adequate complementary products.
D. use minimalistic and subtle advertising and marketing strategies.
E. avoid licensing the format to other companies.
Answer: C
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Acme Explosives Inc is an international producer of creative demolition products. Selected financial information for Acme is provided in the table below. Acme wants to distribute all of its cash with an open market repurchase
Assume that Acme is able to buy back 1,064,377,778 shares for an average price of $27 per share. What is Acme's stock price after the repurchase? Selected Financial Information for Acme Corporation Before Repurchase After Repurchas Cash $28,738.2M $0 Market Capitalization $177,809.7M Shares Outstanding 6,330M Stock Price $28.09 Debt $0 $0 A) $27.33 B) $28.09 C) $28.31 D) $28.75 E) $28.33
Write an expression for total profit.
To establish a driver education school, organizers must decide how many cars, instructors, and students to have. Costs are estimated as follows. Annual fixed costs to operate the school are $30,000. The annual cost per car is $3000. The annual cost per instructor is $11,000 and one instructor is needed for each car. Tuition for each student is $350. Let x be the number of cars and y be the number of students.
When more specific details are provided by breaking high-level business strategies, we are referring to
A) Mission statement B) Functional strategy C) Business strategy D) Operations best practices E) Competitive priorities
Stocks A and B have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the following statements is CORRECT? A B Required return10% 12% Market price$25 $40 Expected growth7% 9%
A. These two stocks must have the same dividend yield. B. These two stocks should have the same expected return. C. These two stocks must have the same expected capital gains yield. D. These two stocks must have the same expected year-end dividend. E. These two stocks should have the same price.