SWOT analysis involves scanning the business environment to collect and interpret relevant information about direct competitors, indirect competitors, and potential competitors
Indicate whether the statement is true or false
FALSE
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Recent research has shown that there is an ethical maturity model (EMM) that explains why people make unethical decisions. Which of the following represents the foundation of ethics according to this model?
a. Personal ethical understanding b. Ethical courage c. Ethical leadership d. Application of ethics to business situations
When it is impossible for a corporation to pay its debts, how is bankruptcy declared?
A) The Board of Directors is declared bankrupt B) The shareholders are declared bankrupt C) The directors are declared bankrupt D) The corporation is declared bankrupt E) B and C
Two firms, Tangerine Inc. and Cyan Inc. analyzed the same capital budgeting project. Tangerine Inc. determined that the project's internal rate of return (IRR) is 9 percent. Cyan Inc. used the net present value (NPV) method to evaluate the project and determined that it is not acceptable. Given this information, which of the following statements is correct?
A. The net present value of the project must be positive for both the firms. B. If it had computed the project's IRR, Cyan would have found the IRR to be less than 9 percent. C. Tangerine's chief financial officer (CFO) should use the traditional payback period method to evaluate the project. D. Tangerine Inc. should use a discount rate of more than 9 percent for capital budgeting analysis by the net present value (NPV) method. E. Cyan Inc.'s required rate of return is greater than 9 percent.
Town Style Stores orders Hidebound-brand leather jackets from Cowhide & Cotton Company (CCC). CCC mistakenly ships denim jackets, which Town rejects and returns via Valu Transport, Inc. During the return, the jackets are lost. The loss is suffered by
A. Town. B. Hidebound. C. Valu. D. CCC.