When a firm expands into a new product segment, it is known as _____

A. product recall

B. diversification

C. monopolization

D. cartelization

E. product divestment

B

When a firm expands into a new product segment, it is known as diversification.

Business

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Given that the cost of common stock is 18 percent, dividends are $1.50 per share and the price of the stock is $12.50 per share, what is the annual growth rate of dividends?

A) 4 percent B) 5 percent C) 6 percent D) 8 percent

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Open source software is an example of the power of collective intelligence

Indicate whether the statement is true or false

Business