Which company was a first mover that was not successful?
a. IBM and the mainframe computer
b. Google and the internet search engine
c. Xerox and the fax machine
d. Canon and the 35 mm camera
c
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Which of the following is true of a branch office of a multinational corporation?
A) Branch offices cannot be setup in foreign countries. B) Branch offices are considered separate legal entities. C) There is no liability shield between the corporation and the branch office. D) The corporation is not liable for the torts committed by personnel of the branch office.
A trader has a portfolio worth $5 million that mirrors the performance of a stock index. The stock index is currently 1,250 . Futures contracts trade on the index with one contract being on 250 times the index
To remove market risk from the portfolio the trader should A. Buy 16 contracts B. Sell 16 contracts C. Buy 20 contracts D. Sell 20 contracts