Treasury stock is
a. stock issued by the U.S. Treasury Department.
b. stock purchased by a corporation and held as an investment in its treasury.
c. corporate stock issued by the treasurer of a company.
d. a corporation's own stock, which has been reacquired and held for future use.
Ans: d. a corporation's own stock, which has been reacquired and held for future use.
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Colorado real estate license law was enacted to protect brokers.
a. true b. false
Which of the following is an example of a tactic?
A) distributing products through a network of wholly-owned retail stores B) divesting all manufacturing, assembly, and distribution and becoming a communication and sales organization to promote the sale of products C) launching a new product line that is designed to meet the needs of new consumer groups D) offering products at a discount sale price for a short period of time to stimulate demand or win market share E) restructuring the entire value chain both inside and outside the firm to support a low-cost leadership position for the long run