If funding is available to purchase additional resources, then a decision maker must recommend that the company invest in resources represented by:
a. A binding constraint.
b. A non-binding constraint.
c. A non-negativity constraint.
d. None of the above
A
Business
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Which one of the following is a criticism of equating the goals of maximizing the ROE of a firm and maximizing the firm's shareholder wealth?
A) ROE is based on after-tax earnings, not cash flows. B) ROE does not consider risk. C) ROE ignores the size of the initial investment as well as future cash flows. D) All of the above are criticisms of ROE as a goal.
Business
Which of the following is an unfair competitive advantage?
A) brand name B) access to global markets C) lower product prices D) superior technology
Business