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Question：36 - 27854
" Y9 P' o/ l) P- J/ EWhich of the following is NOT a possible consequence of takeover defenses? Takeover defenses:. b/ T; V i A- E% L, M" g4 }
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provide managers greater job security.7 t! q( F: E7 e% |
B)
1 g6 W7 y8 \. Q$ P* r! R# R; r6 Qmay start a bidding war for the firm’s shares.7 ?) g* ~8 E" @' g1 {( a* }
C)
; O; n) S' W6 }" Jchange the firm’s legal status from public to private.
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force the acquirer to negotiate directly with the firm’s Board of Directors.
$ d) p% Z$ P. l/ X' V6 XQuestion：37 - 279012 c' {- \7 ?8 \" U" p2 s
Which of the following statements regarding internal capital markets is FALSE?. x5 t. u3 W) D! k/ S7 Q1 m. {
A)
2 }$ j" Q$ b- L9 p" h. K: e, p gPolitical obstacles are likely to exist in efficiently allocating resources.
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Management 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.
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% r. v, `: o5 E- P6 U: {) J" Q+ M# EThe firm can save money by not issuing securities in the capital markets.
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Question：38 - 9865
& J3 A) O4 V6 d* ~Overestimating the growth rate of a firm in using a valuation model would result in a value that is likely to be:; ?( u& t: @7 t; r
A)
3 v* X- c* p4 E' C% c# x- G6 [too low.
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can't tell from this information.
! T7 R0 D8 U; g% pC)
, D( W- n9 q2 }2 F$ @7 Utoo high.4 Y$ ?! A s- f: Q4 Q* i& c
D)
- g* b* z: y- C, S" c ^4 Avery accurate.
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9 {! e/ U+ h( O* ~+ C; X3 I9 N2 }Question：39 - 9849
4 @5 G+ C' E; X3 I6 S+ LThe goal of asset valuation, based on the expected future cash flows of an asset, is to establish an asset’s:
; Z/ k1 p! s7 V4 D: ?A)
; e3 |% G: X& ?& V( w. E4 R" crelative value.
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future value.* A" s L; _& j( P0 [
C)( N2 ]. t. ]: }! ] e
intrinsic value. ]* {5 z: I! ~( Y1 z
D)
9 s" Q8 c0 V8 m; I& g- C1 Zmarket value.
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Question：40 - 9947
' j! z( K6 t- o/ sRoger 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?, Y& L* @/ x1 h# ]
A)+ q/ u* E4 C2 w- ~
An 18 percent market share is sufficient to create a sustainable competitive advantage.! f- O# U1 z" M& ?4 N
B)" M5 f8 N/ {2 m1 x2 L; n) v
An 18 percent market share is too large to create a sustainable competitive advantage.1 B1 H x8 K% a, ?6 Z
C)
/ N: a }! x2 S# Q, y% v. {# iMarket share goals are not a competitive strategy.
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The market share goal must be considered in relation to the number of competitors.% P5 k2 c& m) _: W, M( \
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发表于 2015-7-16 13:21:03
楼主
发表于 2015-7-20 18:51:02
