Which of the following is an example of a key force in a firm's broader, less immediate environment?
A: Regulations
B: Economic trends
C: Shipping firms
D: Stockholders
A: Regulations
B: Economic trends
C: Shipping firms
D: Stockholders
举一反三
- Which of the following is not an example of a conflict of interest for a firm's director? A: vice president is a key decision maker of the firm B: owner of a company that supplies of materials to the firm C: consultant who does a substantial amount of work for the firm D: local business owner who has a membership to the Chamber of Commerce
- The<br/>invisible hand refers to() A: how central planners made economic<br/>decisions. B: how the decisions of households and firms<br/>lead to desirable market outcomes. C: the control that large firms have over the<br/>economy. D: government regulations without which the<br/>economy would be less efficient.
- Whichofthefollowingstatementsisnotcharacteristicofaperfectlycompetitiveindustryinlong-runequilibrium?Ceterisparibus,thereisnotendencyforfirmstoeitherenterorexittheindustry.A.A profit-maximizing firm may produce any output level at which P B.Every firm produces at an output level at which MC = LRATC.C.Ceteris paribus, there is no tendency for firms to either enter or exit the industry.D.No firm earns an economic profit.
- Which one of the following is not one of the steps in the M&A model building process? A: Valuing the acquirer and the target firms as standalone businesses B: Valuing the target and acquiring firms including synergy C: Determining the initial offer price for the target firm D: Establishing search criteria for the potential target firm E: Determining the combined firm's ability to finance the transaction.
- Which one of the following statements is TRUE for BOTH perfect competition and monopolistic competition? A: Each type of firm faces a downward sloping demand curve. B: Each type of firm produces a homogeneous product. C: In the long run, firms in both industries make zero economic profit. D: Each type of firm competes on product quality and price.