In restructuring corporate thinking, top management should
a. identify potential entrepreneurs after an innovation program is in operation.
b. make the entrepreneur follow strict corporate guidelines.
c. promote entrepreneurship through experimentation.
d. create diversity and order in strategic activities.
ANSWER: c
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The constant growth dividend model used to evaluate the prices of common stocks is conceptually similar to the model used to find the price of perpetual preferred stock or other perpetuities.
Answer the following statement true (T) or false (F)
A function of a business plan is to
A. improve the balance sheet and enhance net worth. B. create a long-term relationship with an investment banking firm. C. raise capital through federally registered shares of the company. D. improve credibility with customers and other stakeholders. E. determine the viability of one's enterprise.
The National Pollutant Discharge Elimination System focuses on industrial wastewater and storm water discharges
Indicate whether the statement is true or false
The interest rate banks charge to their best customers is the ________ rate
A) variable B) prime C) discount D) federal funds