Imperfect markets theory Study guides, Class notes & Summaries
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![FIN 582 Exam 1 Questions and Answers All Correct](/docpics/4143927/65970ecc70aaf_4143927_121_171.jpeg)
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FIN 582 Exam 1 Questions and Answers All Correct
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FIN 582 Exam 1 Questions 
and Answers All Correct 
 
Theory of Competitive Advantage: - Answer-specialization increases production 
efficiency 
Imperfect Markets Theory: - Answer-factors of production are somewhat immobile 
providing incentive to seek out foreign opportunities 
Product Cycle Theory: - Answer-as a firm matures, it recognizes opportunities outside 
its domestic market 
How firms engage in international business: - Answer-1. international trade (easiest) 
2. licensing 
3. franchisi...
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ECS2604 EXAM PACK 2023
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7.5 Assignments 
7.5.1 First semester assignments 
SEMESTER 1 
ASSIGNMENT 01/2018 
CLOSING DATE: 02 March 2018 
UNIQUE NUMBER: 
WEIGHT: 40% of semester mark 
TL501: Learning units 1 – 4 
Prescribed Book: Chapters 1 – 4 
This assignment contributes 40% towards your semester mark. 
Please ensure that this assignment reaches the University before the due date. 
Answer all the questions on a mark-reading sheet or on myUnisa. 
IMPORTANT! The first ten multiple choice questions of thi...
![Test Bank For Entrepreneurship: The Practice and Mindset 1st Edition by Heidi M. Neck Christopher P. Neck ,Emma L. Murray](/docpics/4241812/65a6503259456_4241812_121_171.jpeg)
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Test Bank For Entrepreneurship: The Practice and Mindset 1st Edition by Heidi M. Neck Christopher P. Neck ,Emma L. Murray
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Test Bank For Entrepreneurship: The Practice and 
Mindset 1st Edition by Heidi M. Neck Christopher P. 
Neck ,Emma L. Murray 
Chapter 1: Entrepreneurship: A Global Social MovementTest Bank 
Multiple Choice 
1. The authors define entrepreneurship as . 
a. a discipline that seeks to understand how opportunities are discovered, created, and 
exploited, by whom, and with what consequences 
b. starting a small business by finding investors and launching a product 
c. developing a new market by crea...
FIN 582 Exam 1 Questions With 100% Correct Answers 2024
![International Corporate Finance (Int_l) 11e Madura test bank | Test Bank for International Financial Management, 11th Edition by Jeff Madura (complete)](/docpics/6290adcf2d1d3_1758207.jpg)
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International Corporate Finance (Int_l) 11e Madura test bank | Test Bank for International Financial Management, 11th Edition by Jeff Madura (complete)
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Chapter 1—Multinational Financial Management 
1. The commonly accepted goal of the MNC is to: 
a. maximize short-term earnings. 
b. maximize shareholder wealth. 
c. minimize risk. 
d. A and C. 
e. maximize international sales. 
ANS: B PTS: 1 
2. With regard to corporate goals, an MNC is mostly concerned with maximizing ____, and a purely 
domestic firm is mostly concerned with maximizing ____. 
a. shareholder wealth; short-term earnings 
b. shareholder wealth; shareholder wealth 
c. short-term...
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CAIA Level II Questions and Answers 100% Accurate
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CAIA Level II Questions and Answers 100% Accurate 
What advantage do multi-factor models have over single-factor models, such as the Capital Asset Pricing Model? 
Multi-factor models tend to explain systematic returns much better than do single-factor models. By doing so, multi-factor models are generally believed to produce better estimates of idiosyncratic returns. 
 
 
 
List the three major categories of factors that drive asset returns. 
Macroeconomic factors, fundamental/style/investment/d...
![FIN 582 Exam 1 Questions and Answers All Correct](/docpics/4412780/65be45869aac6_4412780_121_171.jpeg)
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FIN 582 Exam 1 Questions and Answers All Correct
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FIN 582 Exam 1 Questions 
and Answers All Correct 
 
Theory of Competitive Advantage: - Answer-specialization increases production 
efficiency 
Imperfect Markets Theory: - Answer-factors of production are somewhat immobile 
providing incentive to seek out foreign opportunities 
Product Cycle Theory: - Answer-as a firm matures, it recognizes opportunities outside 
its domestic market 
How firms engage in international business: - Answer-1. international trade (easiest) 
2. licensing 
3. franchisi...
![International Financial Management Correct Answers 2023](/docpics/2986997/649e49eb1657f_2986997_121_171.jpeg)
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International Financial Management Correct Answers 2023
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Multinational Corporations 
firms that engage in some form of international business 
 
 
 
Agency Problem 
conflict of goals between a firm's managers and shareholders 
 
 
 
Comparative Advantages 
theory suggesting that specialization by countries can increase worldwide production - allows firms to penetrate foreign markets 
 
 
 
Imperfect Market 
the conditions where, due to the costs to transfer labor and other resources used for production, firms may attempt to use foreign factors of pro...
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AGB 302 Final Questions with Correct Answers (2022/2023) Already Passed
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AGB 302 Final Questions with Correct Answers (2022/2023) Already Passed 
which of the following is a step in the shift towards a market based economic system? creation of a legal system to safeguard property rights 
design and names by which merchants or manufacturers designate and differentiate their products are known as __________ trademarks 
________, a nobel prize-winning economist, has argued that development is not just an economic process, but it is a political one as well. amartya sen 
...
![PCE 9B Exam Questions with Correct Answers](/docpics/4772610/65f8231288106_4772610_121_171.jpeg)
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PCE 9B Exam Questions with Correct Answers
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PCE 9B Exam Questions with Correct Answers 
 
 
allocative efficiency because their price exceeds marginal cost 
 
by changing their advertising and _pricing_ strategies, firms competing in an oligopoly can affect profits and influence the profits of rivals - ANSWER	pricing 
 
price leaders make price adjustments - ANSWER	infrequently, due tot he uncertainty in rivals' response to these price changes 
 
by communicating impending price adjustments to the industry 
 
by establishing a price that...
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