According to Barney, which of the following mechanisms is important in how firms create value?
a. Stock-picking
b. Competitive positioning
c. Capability-building
d. None of the above
c. Capability-building
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Which of the following benefits is offered by sales promotion tools?
A) Sales promotion tools are more authentic and credible to buyers than others such as advertising, public relations, and personal selling. B) Sales promotion tools can reach prospects who prefer to avoid mass media and targeted promotions. C) Sales promotion tools are typically an indirect form of "soft-sell" and hence, better received by customers. D) Sales promotion tools incorporate some concession, inducement, or contribution that gives value to the consumer. E) Sales promotion tools allow buyers personal choices and encourage them to respond directly.
A seller may default in three different ways and the Code provides remedies, each of which is available for any type of default
Indicate whether the statement is true or false
Which of the following statements is CORRECT?
A. When calculating the cost of debt, a company needs to adjust for taxes, because interest payments are deductible by the paying corporation. B. When calculating the cost of preferred stock, companies must adjust for taxes, because dividends paid on preferred stock are deductible by the paying corporation. C. Because of tax effects, an increase in the risk-free rate will have a greater effect on the after-tax cost of debt than on the cost of common stock as measured by the CAPM. D. If a company's beta increases, this will increase the cost of equity used to calculate the WACC, but only if the company does not have enough retained earnings to take care of its equity financing and hence must issue new stock. E. Higher flotation costs reduce investors' expected returns, and that leads to a reduction in a company's WACC.
The graph of the simple linear regression equation is a(n) _____
a. ellipse b. hyperbola c. parabola d. straight line