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Question：36 - 27854" L5 K# h4 p% {: d7 m
Which of the following is NOT a possible consequence of takeover defenses? Takeover defenses:
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$ T f' F* y8 r6 `; |+ Q Mprovide managers greater job security.
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may start a bidding war for the firm’s shares.1 F6 B( G7 U% x6 l1 W& m' t2 o# l. [
C)
B# m. @7 E( Y) _4 I/ y% m1 h1 Kchange the firm’s legal status from public to private.
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\# u3 u# m5 |- Cforce the acquirer to negotiate directly with the firm’s Board of Directors.
3 u8 u9 P; C1 j m4 _Question：37 - 27901
) N4 A+ v: p+ i. L# u* QWhich of the following statements regarding internal capital markets is FALSE?
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Political obstacles are likely to exist in efficiently allocating resources.$ U3 k5 J4 L( K4 }
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Management can channel free cash flow from mature business lines to high growth ventures.+ J* N0 `' _" F
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The firm can credibly signal the quality of new ventures.
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/ C" r+ ~: t+ R9 H3 Y, X: Y3 v6 cThe firm can save money by not issuing securities in the capital markets.
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Question：38 - 9865
1 S! W$ A# k: X5 E3 R1 F6 `Overestimating the growth rate of a firm in using a valuation model would result in a value that is likely to be:9 C! n8 g* A3 u! U9 C( g3 l3 r
A)
2 ~) y: b7 }* l/ gtoo low." }* E4 A7 ?: X* w2 y; l! k: k; |
B)# [! ~1 b! S) M, a$ K
can't tell from this information., l) ^" A2 ?; s, w6 {" j& W
C)
2 {: C: i0 S B5 n L3 \too high.
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very accurate.
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Question：39 - 9849
! h2 g) W* f: Q+ n; z4 n' ?2 eThe goal of asset valuation, based on the expected future cash flows of an asset, is to establish an asset’s:
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4 t. f0 C% a: Brelative value. k. a( y, |; S
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future value.
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. \6 n' W. ` G' ]/ k# c- Pintrinsic value.) O5 S$ f4 d5 ^1 k6 ^$ B
D)
4 P, _' y3 A" P2 J% [- v3 C, M& pmarket value.- z6 G6 Z, P( t/ G! N
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Question：40 - 9947
: e6 `, X+ h1 b7 l: i. i3 B8 S$ t$ p8 PRoger 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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An 18 percent market share is sufficient to create a sustainable competitive advantage.6 K/ i# R: h" b
B)
0 R5 G' i2 Y, H/ j0 Y t% ?* A: b( OAn 18 percent market share is too large to create a sustainable competitive advantage.
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Market share goals are not a competitive strategy.% q# P0 ]4 ^' R
D)
/ ?' b2 Q8 L; }5 x! yThe market share goal must be considered in relation to the number of competitors.3 r& ?+ }3 k. c* Q& s6 [
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发表于 2015-7-16 13:21:03
楼主
发表于 2015-7-20 18:51:02
