Under which of the following circumstances is the pure play method of estimating a project's beta particularly useful?
A) The firm is looking to expand its current business operations, doing essentially the same work.
B) The firm is looking to expand its current business operations into a brand new area unlike any of its internal projects.
C) The firm is looking to expand its current business operations. The work will be essentially the same as current operations but there is no obvious outside provider of the same service or product.
D) The pure play method works equally effectively under each and all of these scenarios.
Answer: B
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With regard to affirmative action, advocates of utilitarian ethics:
A. raise questions about the ultimate fairness of affirmative action. B. say that discrimination in favor of protected groups is benevolent of intention. C. say that ethics require calculations about the overall costs to society of affirmative action. D. argue that preferential treatment policies benefit everyone by making fuller use of talent.
What are the three types of management agreements used for strategic alliances?
What will be an ideal response?