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Question：36 - 27854
- F# ] C- e" H1 f1 c" w% T/ AWhich of the following is NOT a possible consequence of takeover defenses? Takeover defenses:
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provide managers greater job security.
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`/ U" p! p6 k: W9 `9 p/ Omay start a bidding war for the firm’s shares.
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change the firm’s legal status from public to private.
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$ c* C4 a- J! P) h6 e5 L7 [, S/ Fforce the acquirer to negotiate directly with the firm’s Board of Directors.
l8 x+ O. Q+ uQuestion：37 - 279014 \+ r K$ `5 Z% y
Which of the following statements regarding internal capital markets is FALSE?
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' ?; _- t T' \# S9 XPolitical obstacles are likely to exist in efficiently allocating resources.
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- [) W7 j% L! E: A" ?: _8 d' NManagement can channel free cash flow from mature business lines to high growth ventures.
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The firm can credibly signal the quality of new ventures." R% ]" b" K x
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The firm can save money by not issuing securities in the capital markets.
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0 P8 C, e9 `1 a" U3 W1 ZQuestion：38 - 98650 v4 x4 q, E5 i. T. A: _( u
Overestimating the growth rate of a firm in using a valuation model would result in a value that is likely to be:
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- }1 {9 i/ w D, l/ g9 M- B! wtoo low.
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can't tell from this information.
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k) H N1 d3 q$ H1 ntoo high.+ [. F; E' W; I0 @
D)
# p; |6 Z# }5 hvery accurate.
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Question：39 - 98495 m$ w( K8 N5 S2 b5 G
The goal of asset valuation, based on the expected future cash flows of an asset, is to establish an asset’s:
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relative value., K4 O. h$ G8 f! r+ C* ]
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future value.
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intrinsic value.6 u7 i, v5 _6 v [$ [ g/ z! T
D)
5 f- ?/ i$ }8 j/ E9 C& B- Y& n# ~market value.
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Question：40 - 9947+ V( r+ u$ q4 B( u. q
Roger Miller is the CEO of MetaCorp. MetaCorp is attempting to implement a strategic plan to establish a sustainable competitive advantage. The main thrust of the plan is to achieve a market share of at least 18 percent. Miller hires a strategy consultant to review the plan. The consultant concludes that MetaCorp’s strategic plan is inadequate. Which of the following is a likely reason for the consultant’s conclusion?
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2 x8 R5 Q' J) j" u4 d1 DAn 18 percent market share is sufficient to create a sustainable competitive advantage." A: U% c# Y# ^; Z! S
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An 18 percent market share is too large to create a sustainable competitive advantage.: I/ t/ d* s7 G# _9 o+ r1 P
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Market share goals are not a competitive strategy.0 G) g# r$ j$ w Q# P" `5 \
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The market share goal must be considered in relation to the number of competitors. O9 ?% ]1 L- v$ E! m: i
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发表于 2015-7-16 13:21:03
楼主
发表于 2015-7-20 18:51:02
