Which of the following is a disadvantage of audit services (Table 4.3 in the text)?
A) interviewer errors; respondent errors
B) data is lacking in terms of content, quantity, and quality
C) data may not be representative; quality of data limited
D) coverage may be incomplete; matching of data on the competitive activity may be difficult
D
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Zacher Co.'s stock has a beta of 1.40, the risk-free rate is 4.25%, and the market risk premium is 5.50%. What is the firm's required rate of return?
A. 11.36% B. 11.65% C. 11.95% D. 12.25% E. 12.55%
Digital convergence encompasses:
a. previously stand-alone devices connected by a network and software b. previously stand-alone products converged on the same platform c. companies crossing traditional industry boundaries to provide new sources of competition d. all of the above e. none of the above
Which of the following principles of competitive advantage is related to process implementations?
A. enhance services B. create new products C. create new services D. differentiate products E. reduce costs
Cash markets are often referred to as spot markets
Indicate whether the statement is true or false