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Question：36 - 27854! y. {) u0 I; v$ S7 \8 k
Which of the following is NOT a possible consequence of takeover defenses? Takeover defenses:/ {( v! I5 F3 S+ z
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provide managers greater job security., D2 L9 _% x* i8 O+ q
B)
7 G* e+ C. k8 K* Y- ymay start a bidding war for the firm’s shares.
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3 W1 O/ v+ a4 W: P( U$ Y! _change 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.6 t- m$ H6 Y; Z0 c4 S8 `& }
Question：37 - 27901- e0 k+ w3 S8 S5 T: d) I
Which of the following statements regarding internal capital markets is FALSE?
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( P& P; ^8 n2 MPolitical obstacles are likely to exist in efficiently allocating resources. J+ r) |; u9 o# N I3 R
B); b( g4 O% R/ M' Q1 p6 i
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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The firm can save money by not issuing securities in the capital markets., |! g: w5 [* Q t6 g* ~9 B
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Question：38 - 9865
# s- g( `2 i! M! EOverestimating 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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too low.( W; g# H! K4 I* L4 l) @
B)$ A9 P6 f* s/ @1 b% o# t, _' x
can't tell from this information.
: }) b. p& O# [) D$ f5 dC)
# S9 X2 l. P) F- k' wtoo high.
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very accurate.- ] h/ T; K! Y" |# N% f
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1 _. v6 G* ?! A4 B# q5 aQuestion：39 - 98497 P Q- Z* B. M' x5 H( [8 Z
The goal of asset valuation, based on the expected future cash flows of an asset, is to establish an asset’s:( V& g4 ?4 T& ?# e, [+ ]! R
A)
% r% t# v" i; z; |' M' {' t& drelative value.6 g( o8 \2 Q; N/ T/ T8 H
B)1 }3 }' E; b: p/ G
future value.
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+ x% ]/ f+ w- o4 ^6 R& {3 _2 W; G) fintrinsic value.
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market value.+ `4 z8 S. E! w; T2 r! f: f3 p# {
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Question：40 - 9947
, w u! i+ p, i$ |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?
: Q. E. N4 [3 E8 l: p. }A)
. E3 W9 h1 ?( ?4 s* g3 {3 k# sAn 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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Market 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.
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发表于 2015-7-16 13:21:03
楼主
发表于 2015-7-20 18:51:02
