Which of the following statements is true of agglomeration?
A. Agglomeration advantages stem from knowledge spillover from one firm to another.
B. Ownership advantages stem from agglomeration.
C. Agglomeration deprives a firm from enjoying ownership advantages.
D. Agglomeration creates a demand that forces a skilled labor force to move out of a region.
Answer: A
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Suppose you are an investor with a choice between three securities that are identical in every way except in terms of their rates of return and risk.
Investment A:Total return = 10 percent with probability 50 percent Total return = 20 percent with probability 50 percent Investment B:Total return = 12 percent with probability 40 percent Total return = 18 percent with probability 60 percent Investment C:Total return = 5 percent with probability 60 percent Total return = 25 percent with probability 40 percent? a.Which investment provides the highest expected return? Show your work by calculating the expected return of all three investments. b.Calculate the standard deviation of all three investments. c.What type of investor might prefer investment A? Who might prefer investment B? What will be an ideal response?
Financing activities are those transactions dealing with the exchange of cash between the firm and its owners (stockholders) and creditors
a. True b. False Indicate whether the statement is true or false
In recent years, ________ has been growing fast. This includes selling to final consumers through vending machines, self-serve kiosks, the Internet, and smart phone applications
A) self-service retailing B) private labeling C) off-price retailing D) nonstore retailing E) e-commerce
In evaluating the performance of a profit center manager, the manager
a. and the sub-unit should be evaluated on the basis of the same costs and revenues. b. should only be evaluated on the basis of variable costs and revenues of the sub-unit. c. should be evaluated on all costs and revenues that are controllable by the manager d. should be evaluated on all costs and revenues that can be directly traced to the sub-unit.