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Question：36 - 27854
+ {/ d& u7 F) [( y$ ^Which of the following is NOT a possible consequence of takeover defenses? Takeover defenses:
2 Y* U5 N7 l; j0 T% H' o/ cA)+ ~: L. G0 V) T5 A9 y9 @2 V
provide managers greater job security.& _9 ~; K% ~ a
B)
" y' k [* o5 Gmay start a bidding war for the firm’s shares.1 e& u- L& D4 O
C)
2 s8 j+ J* R0 l2 Ochange the firm’s legal status from public to private.9 @3 s/ O% q6 j
D)5 L; l( b) }; u0 q M
force the acquirer to negotiate directly with the firm’s Board of Directors.5 z" i! q+ t+ u" K
Question：37 - 279012 M; V# O W' O3 u& ]5 |- T
Which of the following statements regarding internal capital markets is FALSE?
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a# p; C+ H+ m! Z7 E4 HPolitical obstacles are likely to exist in efficiently allocating resources.# V i" ~0 V, r; b. M {5 \
B)
( p9 u, G5 B: U; cManagement can channel free cash flow from mature business lines to high growth ventures.! @0 r1 C. k# g2 Z5 @5 Q
C)
1 w" Z0 n( F& b+ Z3 o- j' lThe firm can credibly signal the quality of new ventures.
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The firm can save money by not issuing securities in the capital markets.) |6 I9 L! d: O. J& M
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Question：38 - 9865
5 y6 W5 w" o' VOverestimating the growth rate of a firm in using a valuation model would result in a value that is likely to be:" L5 _( `8 `. o
A) B" M. X5 \! V; T7 Z, u9 N* ]
too low.
b0 b* I& m( f3 s. t) }+ ]B), D0 A* _/ x- B2 C; g& ?" A
can't tell from this information.+ }& @1 j) Y X! U
C)9 f! e6 ^5 p+ ?/ t# [3 \
too high.
, T1 G5 j! M& w3 K4 ~4 rD)
: Z5 ^1 Q9 S- k: e0 ^: J7 h& r+ rvery accurate.
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Question：39 - 98492 i; ?/ i$ f# f
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.: C9 G$ R- d) ^. h/ z4 c
B)/ A/ Z+ I3 t* M4 U) G, i
future value.
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1 y- x- j: G4 ?: F" d# s" Mintrinsic value.( ?4 a2 J) U9 v% [; ~+ r2 j
D)
% z% V7 L% A7 z5 Smarket value.* Y3 [1 `% k8 n- v# |& \- x8 H& l
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Question：40 - 9947
& ?; u! B' w; S* I2 v, d! lRoger 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?7 I! |/ M; r: P
A)
: V5 I/ v' R5 l8 q2 ?' ^& N+ f" iAn 18 percent market share is sufficient to create a sustainable competitive advantage.- a8 S' \" p7 ^1 M
B)) X8 ]0 L) l2 ^& y
An 18 percent market share is too large to create a sustainable competitive advantage.% J: C4 E" E8 l; C- e' E
C)
7 ~) O7 ~# s; R/ A0 vMarket share goals are not a competitive strategy.2 n( w8 Y- Q) N% L- B- s5 }. F
D)& ?; a8 z1 d) N- h
The market share goal must be considered in relation to the number of competitors.4 k e1 t- P/ {
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发表于 2015-7-16 13:21:03
楼主
发表于 2015-7-20 18:51:02
