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Question：36 - 27854
/ ]3 t$ `& \" RWhich of the following is NOT a possible consequence of takeover defenses? Takeover defenses:
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provide managers greater job security.
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; {; ?3 ^: K5 Kmay start a bidding war for the firm’s shares.
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. D2 s( u% o7 v- H, ?change the firm’s legal status from public to private./ [5 Y# p. k4 J' X c
D)
8 J& N. ]9 [) f' M( L2 T! Aforce the acquirer to negotiate directly with the firm’s Board of Directors.. R5 n1 g0 m8 U$ l7 h* P4 I+ Y# i% Q
Question：37 - 27901
; J5 M, \8 U$ S: pWhich of the following statements regarding internal capital markets is FALSE?" w' |' y8 J+ F, {
A)
$ N% w8 A$ K( P! `6 Z1 {Political obstacles are likely to exist in efficiently allocating resources.
+ g5 V" S7 d. y2 _9 |B)# s/ q5 s- X! g1 e; t
Management can channel free cash flow from mature business lines to high growth ventures.
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' N# W, O" `0 `8 `% qThe firm can credibly signal the quality of new ventures.
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/ s. B: @: Y* I2 x5 L, oThe firm can save money by not issuing securities in the capital markets." |" Z1 I: E6 \0 W3 g6 `' ~
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Question：38 - 9865
! G: F6 O( b! R: T: x5 h$ xOverestimating the growth rate of a firm in using a valuation model would result in a value that is likely to be:& u6 {: s; n1 W
A)
# e [1 h7 i2 e# U* Ytoo low.
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can't tell from this information.
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too high.
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very accurate.
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) J. P7 h8 H- N$ G) bQuestion：39 - 9849
% g$ H" R9 {% G' L9 \/ iThe 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.( G) {0 f8 `' u
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future value.
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. g; g+ x, b; Q; {+ g2 |intrinsic value.
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3 D! H2 h4 }) X% m* @+ b' wmarket value.
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Question：40 - 99475 G# C3 z' K+ Q C
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.6 a$ j- m: B& i
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An 18 percent market share is too large to create a sustainable competitive advantage.0 A" m" L! _# ]1 I
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Market share goals are not a competitive strategy.8 [. A5 o- Y* e7 A
D)
B1 @" w( P j; ^: q E8 SThe market share goal must be considered in relation to the number of competitors.5 O% O+ R; P3 I3 R! Y- w0 m
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发表于 2015-7-16 13:21:03
楼主
发表于 2015-7-20 18:51:02
