A software program that allows access to a system without going through the normal logon procedures is called a

a. logic bomb
b. Trojan horse
c. worm
d. back door


D

Business

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Which of the following is/are not a useful source of competitor information due to

nondisclosure agreements with competitors? A) customers in consumer markets B) government census data C) retailers in consumer markets D) business publications

Business

Variations that follow a pattern are called ______.

a. cyclic variations b. random variations c. predictable variations d. irregular variations

Business

Mitch is a director and officer of Numero Uno, Inc. Mitch makes a marketing decision that results in a dramatic decrease in profits for Numero Uno and its shareholders. The shareholders accuse Mitch of breaching his fiduciary duty to the corporation. What is Mitch’s best defense against this accusation? Later, the Numero Uno board considers a resolution for the firm to compete with One-of-a-Kind Corporation. Mitch is a director and shareholder of One-of-a-Kind. What is Mitch’s responsibility in this situation?

What will be an ideal response?

Business

Which of the following is an assumption in applying the capital asset pricing model (CAPM) to estimate the cost of equity capital??

A. ?The investors are well diversified. B. ?The firm's dividends and earnings grow at a constant rate far into the future. C. ?The cost of equity and the cost of debt of a firm are always equal. D. ?The cost of retained earnings is lower than the cost of preferred stock due to the tax savings on earnings retained. E. ?The investors always prefer to receive lower return on retained earnings than regular dividend payments.

Business