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Question：36 - 27854
9 Z' b4 {5 d/ _4 Z2 d1 }# ]Which of the following is NOT a possible consequence of takeover defenses? Takeover defenses:
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$ w$ X3 C. i& o1 }. N3 M7 f/ q# Sprovide managers greater job security.6 z5 y" M$ W; A
B)6 ] `$ j; l6 n* C$ Y, f+ g
may start a bidding war for the firm’s shares.; [# O: v+ T. T- V' y' L- i; u/ K
C)
& |7 H+ I5 r$ \. _) V1 R9 wchange the firm’s legal status from public to private.
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0 C- L* J$ e9 E1 Tforce the acquirer to negotiate directly with the firm’s Board of Directors.
8 P& A- s' V2 GQuestion：37 - 27901
5 Y: V3 S# [% ~* f/ s( I* a: C) kWhich of the following statements regarding internal capital markets is FALSE?
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Political 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.! h5 U1 ]% x& D4 k) x3 _6 V
D)
# X, X0 W+ S) _- k5 L0 cThe firm can save money by not issuing securities in the capital markets.! C- L4 ?/ U) d0 j v$ b
+ t: F) J. @6 EQuestion：38 - 9865
0 y1 u( J( c+ D9 Q3 b/ a) pOverestimating 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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. y) S: K% B8 J6 I# ktoo low.' E( } d9 t/ b2 d6 K& y$ N
B)
; N. k. ?, C& Ocan't tell from this information.' Q) N6 o2 m9 S1 Q
C)
( v7 V2 B7 l ~7 d5 J# U" etoo high.
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very accurate.
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' L1 F# J+ P" H0 w8 H; LQuestion：39 - 9849
, }" e) S" l4 N6 `2 e& O3 uThe goal of asset valuation, based on the expected future cash flows of an asset, is to establish an asset’s:/ q0 j: F" o9 u: o6 b
A)
8 Y- i7 s" L& Q; Irelative value.
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- ~5 M8 B. F1 Xfuture value.+ H8 q, R8 q! y. u
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intrinsic value.
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* ^+ [8 w, A9 {2 Lmarket value.
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$ J/ l) c! y. a C" ~! \% kQuestion：40 - 9947
6 p6 w8 _+ X% `8 y6 `$ J, ]; bRoger 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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5 D9 X6 }. S# u7 x" oMarket 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.! x% f6 L- S/ O2 I I" Z' s
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发表于 2015-7-16 13:21:03
楼主
发表于 2015-7-20 18:51:02
