To successfully market the Corvette to the European market, General Motors had to make the automobile shorter and narrower. GM chose to use a ________ strategy with the Corvette

Assuming all of the following firms have a required return of 14 percent, which would you expect to have a positive present value of growth opportunities?

A) a firm with a P/E ratio of 6. B) a firm with a P/E ratio of 9. C) a firm with an E/P ratio of 20 percent. D) None of the choices are expected to have positive PVGO.

A __________ clause allows an employee to work for a competitor, but restricts the disclosure of certain information.

a) non-compete b) trademark c) nondisclosure d) privacy