In 1997 CSX successfully purchased a significant share of Conrail. Immediately after the first offer was announced and the acquisition eventually consummated, the price of CSX fell below preacquisition levels and took many years to recover. This may be an example of ________________.
A. loss aversion
B. mental accounting
C. overreaction
D. managerial overconfidence
D. managerial overconfidence
You might also like to view...
Which of the following inventory valuation methods should be used for unique items?
A) first-in, first-out B) last-in, first-out C) weighted-average D) specific identification
Which statement regarding investments in equity securities is incorrect?
A) Significant influence equity investments are always reported as long-term assets on the balance sheet. B) Significant influence equity investments are consolidated into the investor's financial statements. C) Investments in equity securities are classified into three specific types based on the investor's level of influence over the investee company. D) Generally, no significant influence exists if there is an ownership interest of less than 20% of the investee's voting stock.
Discuss why it is especially important to communicate bad-news messages in a way that will maintain the audience's goodwill in our increasingly technological age
What will be an ideal response?
A tracking Gantt chart:
A) Monitors costs and budget expenditures. B) Identifies key points in the project's progress. C) Identifies the stage of completion for each task. D) Identifies the performance to budget for the overall project by a certain date.