Answer:
false
Explanation:
a differentiator will always benefit when products have become commoditized
Answer and Explanation:
A. NMFS will choose policy A (regulation). If NMFS chooses policy A, fisher will choose to pay the fine. If NMFS chooses policy B, fisher will choose to adjust his fishing behavior.
Solution :
a). The current market value of the unlevered equity

= $ 40.45 million
b). The market value of the equity one year from now is

= $ 44.5 million - $ 18 million
= $ 26.5 million
c). The expected return on the equity without the leverage = 10%
The expected return on the equity with the leverage = 
= 0.93 %
d). The lowest possible value of equity without the leverage = $20 million - $ 18 million
= $ 2 million
The lowest return on the equity without the leverage = 10%
The lowest return on the equity with the leverage = 2 % as the equity is eroded.
Ratio, I did the same question before.
Changed the pattern of employment because they’re organizing their business around their core competence to face congestive threats effectively
So basically effect’s who they hire because they’re looking for specific skills to build a strong defense against the competition