Firms do not usually get rewarded by diversifying investments in different lines of business because ________
A) the capital markets are efficient and they quickly respond to change in economic conditions
B) cash flows from such projects tend to respond less to changing economic conditions
C) investors themselves can diversify by holding securities in a variety of firms; they do not need the firm to do it for them
D) it is not possible for a firm to diversify its risk as the inflation premium is different for different projects
C
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In selecting a vendor, a buyer may need to obtain competitive bids by means of a document called a purchase order
Indicate whether the statement is true or false
Once a firm has carefully studied all of the vendors, bids have been considered, and the vendor audit has been conducted, the next step in the business-to-business buying process is:
A) the vendor screening B) vendor selection C) negotiation of purchase terms D) postpurchase evaluation
Should Capital Insurance consider going international? If yes, what products/services should it offer internationally?
What will be an ideal response?
________ crimes require that the perpetrator intended to achieve a specific result from his illegal act.
A. General intent B. Nonintent C. Recklessness D. Specific intent