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Question：36 - 278545 t. m- K1 ?$ q$ j0 ?: ~& { l
Which of the following is NOT a possible consequence of takeover defenses? Takeover defenses:9 {2 w0 C! B: }% k
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provide managers greater job security.
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may start a bidding war for the firm’s shares.
5 ?/ g( s$ G, Y5 \( {C)
6 O: i' O. ]+ C7 @change the firm’s legal status from public to private.. N' P3 m& A" \/ J2 d( q3 x3 ]
D)
2 B0 M# M2 i) G+ d" tforce the acquirer to negotiate directly with the firm’s Board of Directors.
! f$ q$ W" E2 _8 zQuestion：37 - 27901
; _, _* B5 v! wWhich of the following statements regarding internal capital markets is FALSE?
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Political obstacles are likely to exist in efficiently allocating resources.# Z7 P* y2 a3 X9 w9 ^
B)
. S, M, X$ y( I; |0 o3 b; e: v+ J! uManagement can channel free cash flow from mature business lines to high growth ventures.2 M' M$ a& @( D' v8 p
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The firm can credibly signal the quality of new ventures.: t( `; d, X$ G+ Z
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The firm can save money by not issuing securities in the capital markets.% t( ]! |+ }" I( j! D
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Question：38 - 9865
, e; g9 m6 P: y9 }+ sOverestimating the growth rate of a firm in using a valuation model would result in a value that is likely to be:' Y" U* {7 y7 Y% [7 b1 [+ n
A)
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B). }! D2 q- j9 L r
can't tell from this information.( S" F/ V' A' n4 d" f) {* r
C)
" B" w3 q1 a8 `; Gtoo high.
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$ H8 Y: [* @# t6 Tvery accurate.# m( a8 j9 R e$ s9 V2 K
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Question：39 - 9849
! ?8 ]% B C, sThe goal of asset valuation, based on the expected future cash flows of an asset, is to establish an asset’s:
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, c7 Y" q `* l& l& Qrelative value.
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; S9 Z1 e; p- N) Z$ Y6 [future value.
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1 ^8 E3 k) U# j4 q: q- z7 tintrinsic value.& v* Y) B/ ] m' H4 l* p
D)
6 m9 C& w0 O6 e9 Zmarket value.' f) ]& C& K; a2 s6 P+ C5 u
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Question：40 - 9947; A1 _6 |9 V2 ~' p, n
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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An 18 percent market share is sufficient to create a sustainable competitive advantage.
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An 18 percent market share is too large to create a sustainable competitive advantage.
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6 {4 _9 ^5 r6 a1 u$ }, LMarket 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.2 D( a' R2 s& n- x8 S3 ^
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发表于 2015-7-16 13:21:03
楼主
发表于 2015-7-20 18:51:02
