For the first 70 years after the Sherman Act was enacted, most scholars and judges took the view that large concentrations of economic power were suspect even if they had no obvious impact on competition itself
Indicate whether the statement is true or false
True
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Due to the slowing economy, your university has decided to restructure its organization. It has been determined that performance, cost, and time pressures require a greater sharing and use of resources. Your university might well adopt the:
a. matrix structure b. multiple structure c. product structure d. process structure e. functional structure
The systematic decision-making process that operations and supply chain managers rely on consists of ______ steps.
A. five B. six C. seven D. eight
Which of the following is an advantage of a large sales volume company?
A. The stock price tends to be more stable. B. Sales and earnings growth rates are typically higher than those of smaller companies-usually between 15-25%. C. Yearly high and low prices will be farther apart due to greater price fluctuations. D. Sales must increase by a larger dollar amount to achieve the same percent of increase as a smaller company.
The level of cash a firm holds is irrelevant; it can never be short of cash since a firm is able to raise new money instantly at a fair rate,
while it can never have surplus cash since the firm can invest excess cash at a fair rate to earn a net present value (NPV) of zero. Indicate whether this statement is true or false.