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Question：36 - 278549 s3 u" F, r! t1 D0 y- @* ?
Which of the following is NOT a possible consequence of takeover defenses? Takeover defenses:
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provide managers greater job security.! r$ D1 ?& j- ?$ X
B)
1 r" Y. [0 B- _2 f+ o# ]may start a bidding war for the firm’s shares.3 w( I. ?$ {3 s
C)) Q+ g# c0 ?$ o C/ s7 _
change the firm’s legal status from public to private.! m( M4 Q, G8 j/ W$ F B6 A5 s
D)& y2 Y9 K4 \/ j( N
force the acquirer to negotiate directly with the firm’s Board of Directors.
, r# |* i& j( a9 K4 e) MQuestion：37 - 27901
6 a. e) i- ^) O& b' h1 zWhich of the following statements regarding internal capital markets is FALSE?" R3 B6 @! g' V. {" f- T* [$ z
A)6 y0 ^6 r) L0 F( ^3 G& Q" F) F9 p& }( o' e
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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6 x& Y7 q/ ~7 @& ~1 MThe firm can credibly signal the quality of new ventures." y, G3 q% f, }
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The firm can save money by not issuing securities in the capital markets.8 ~; ?* X/ T$ i/ G* C3 R: q; d
0 @/ S2 M' e2 ]$ YQuestion：38 - 9865
2 X1 {* f8 r- W: L* I+ d( gOverestimating 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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$ i/ T& Z, K! `5 b% q. dtoo low.
- _2 I, ^. ~" F! O$ R! ~4 M- Z! |B)
" k y& j; Q) G- o8 Rcan't tell from this information.
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too high.+ A* {! E5 P d8 f3 k: D- g% N# f
D)8 R+ m6 v# P# L( ]6 a* c; }
very accurate.- Q. K B% m) Q, L
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Question：39 - 9849
2 [, ?& `+ G; T' I6 p% LThe goal of asset valuation, based on the expected future cash flows of an asset, is to establish an asset’s:6 Q, w& x, {7 A" L; z
A)
& _% R8 u+ D) f# `, hrelative value.- Q9 r& j* t+ B0 w/ S
B)
- }' ?9 y: G' B9 @( w* Yfuture value.# g: b" g4 B# c. D: o
C)) Q( A5 {& C5 l) n
intrinsic value.
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market value.
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. u3 D1 k \" _0 B3 y; t& {' m% D kQuestion：40 - 9947
, K4 H$ M: y$ d0 ARoger 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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/ G8 _; Y' W8 E' P$ zAn 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./ X( q2 A1 n1 r
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发表于 2015-7-16 13:21:03
楼主
发表于 2015-7-20 18:51:02
