If one firm in a given industry declares bankruptcy, the market may lower the values of other firms in a given industry because the reveals new, negative information about the status of the industry as a whole. This phenomenon is called:
a. the contagion effect.
b. the intra-industry wealth transfer effect.
c. irrational behavior.
d. the sympathy effect.
A
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In crafting a company's strategy, managers
A. are wise not to decide on concrete courses of action in order to preserve maximum strategic flexibility. B. face the biggest challenge of how closely to replicate strategies of successful companies in the industry. C. are well-advised to be risk-averse and develop a "conservative" strategy-"dare-to-be-different" strategies are rarely successful. D. have comparatively little freedom in choosing the "hows" of strategy. E. need to come up with a sustainable competitive advantage that draws in customers and produces a competitive edge over rivals.
Milar Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateDirect materials 7.7pounds$4.00per poundDirect labor 0.1hours$20.00per hourVariable overhead 0.1hours$4.00per hour?In January the company produced 2,000 units using 16,060 pounds of the direct material and 210 direct labor-hours. During the month, the company purchased 16,900 pounds of the direct material at a cost of $65,910. The actual direct labor cost was $4,473 and the actual variable overhead cost was $756.?The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.?The labor rate variance for January is:
A. $273 U B. $260 F C. $273 F D. $260 U
What steps do the authors recommend be taken to develop an international information systems architecture?
What will be an ideal response?
Use the appropriate formula to find the amortization payment you would need to make each three months, at 8% interest compounded quarterly, to pay off a loan of $8,000 in 6 years
A) $1,730.52 B) $422.97 C) $1,288.29 D) $316.61