Which of the following is NOT an advantage of using mall intercept interviews to collect research data?
A) good for physical stimuli
B) good control of the environment
C) low cost
D) good response rate
E) complex questions can be asked
C
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One principal-agent conflict is that between a firm's creditors (as a principal) and its shareholders (as agent). For example, after issuing risky debt, stockholders have an incentive to increase the riskiness of the firm's assets (e.g
, by changing operating strategy), which would tend to expropriate wealth from creditors to stockholders. Which of the assumptions of an ideal capital market is violated in this example? a. Capital Markets are frictionless b. Homogeneous expectations c. Atomistic competition d. The firm has a fixed investment program e. Once chosen, the firm's financing is fixed
Drawing a general impression about an individual based on a single characteristic is known as:
A) projection. B) expectations. C) stereotyping. D) halo effect.