1. Because credit unions _______ stock, they are technically owned by _______.
issue; the depositors
do not issue; the depositors
issue; the stockholders
do not issue; management
2. It is possible to market standardized products globally but because of differences in culture, the products will require _____.
a different advertising appeal
a different distribution pattern
a consistent promotional message
an alternative benefit-cost calculation
3. An analysis showing the weighted average cost of capital of company A is more than the return on invested capital of a project of company A would most likely result in which impact of the project on company A:
a) positive NPV of company A
b) a decrease in the value of company A
c) an increase in the value of company A
d) no change in the value of company A