Competitors in a given industry can be identified by the similarities in their core competencies

An example of a first-mover advantage in international operations is ________

A) gaining economies of scale at a lower output level than competitors B) increasing sales response functions and customer service C) using a small country for market tests prior to entering a large country D) lining up the best suppliers and distributors before competitors enter the market

The market rate of return increased by 8% while the rate of return on XYZ stock increased by 4%. The beta of XYZ stock is

A) -2.0. B) -0.40. C) 0.50. D) 2.0.