If expected return is less than required return on an asset, rational investors will:
A) Buy the asset, which will drive the price up and cause expected return to reach the required return.
B) Sell the asset, which will drive the price down and cause the expected return to rise.
C) Sell the asset, which will drive the price up and cause the expected return to drop.
D) Buy the asset, since price is expected to increase.
B
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Companies such as Caterpillar have been unable to protect critical innovations in Japan because:
A) products very similar to those made by U.S. companies can be patented without fear of infringement. B) the Japanese government enforces strict control over infringement rights for security reasons. C) inventions that are based on software can be easily downloaded. D) U.S. patent laws now harmonize with those in the EU as well as Japan. E) patents in Japan are broader than those in the United States.
Which of the following attributes or dimensions of big data is described as the diversity in types and structures of data generated?
A. Volume B. Variety C. Veracity D. Velocity
Variable costing is more appropriate than absorption costing when the decision? ________.
A) relates to production planning within the capacity limits in the short run B) does not involve analysis of profitability based on sales mix C) does not involve analysis of contribution margin D) involves reducing fixed costs that are controllable by the upper management
Market segmentation is a two-step strategic process, and the first step is to
A. develop place, time, service, and possession utility. B. determine which personal influences will have the appropriate effect on consumers. C. conduct advertising research that determines consumers' reactions to various ad campaigns. D. locate as many market niches as possible that will be profitable for the firm. E. identify groups of people with certain shared characteristics within the broad product market.