Answer:
Rare resources
Explanation:
Rare resources are unique resources that is not controlled or possessed by many competing firms. Only a small number of competing companies control it. It usually stands out by being distinctive among the set of future competitors. Rare resources are short in supply and capable of persisting over an extended time, this makes it a source of competitive advantage for a company.
Answer:
B) The coupon rate could be less than, equal to, or greater than 6%, depending on the specific terms set, but in the real world the convertible feature would probably cause the coupon rate to be less than 6%.
Explanation:
Amram Inc. is issuing two bonds, one is not convertible and the other one is convertible and callable. Regardless of the coupon rate that they plan to set, convertible and callable bonds will usually (almost always) have a coupon rate that is lower than non-convertible or non-callable bonds.
Convertible bonds are bonds that can be converted or exchanged to common stock. Since convertible bonds offer more investment options, their risk is lower than non-convertible bonds.
Callable bonds is a bond that can be redeemed before the maturity date.
Answer:
A) All of the contacts described provide sufficient contacts for in personam jurisdiction.
- c. The Michigan defendant got into an automobile accident in Ohio.
- d. The Michigan defendant signed a contract in Ohio with an Ohio business.
- e. The Michigan defendant sold products in the state of Ohio that injured the purchasers.
Explanation:
In legal terms, in personam (Latin for "directed toward a particular person") means that a court can serve a defendant wherever he/she is.
In this case, a Michigan citizen can be judged in an Ohio court if he/she committed any of the cited actions:
- participated in a car accident in Ohio
- signed a contract in Ohio
- sold products in Ohio
In other words, if you live in any state but are involved in certain events or business transactions in another state, you can be judged by a court of the other state.
Answer:
Marketing assessment
Explanation:
Marketing assessment is the best process you can use to make a business successful in the long run because marketing assessment is the comprehensive assessment of all the potential and risks involved in a new or existing business idea or project that is to be undertaken by a business entity.
In marketing assessment the effects of external barriers like environmental forces, market trends, competition in the market, taxes involved in the running of the business and even the resources to make the business flourish is comprehensively covered in details.
Financial Management is part of the whole process and not the process of making a business successful on its own.