Dps chapter 9 Study guides, Class notes & Summaries

1) In a survey of 50 corporations, which of the following was rated as a benefit of strategic management? A. Clearer sense of vision for the firm B. Higher levels of employee motivation C. Higher levels of job satisfaction D. Improved productivity E. Lower employee turnover 2) Research suggests that strategic management evolves through four sequential phases in corporations. The first phase is A. externally-oriented planning B. basic financial planning C. internally-ori...

(9-5) Required return 1). If in the opinion of a given investor a stock’s expected return exceeds its required return, this suggests that the investor thinks a. the stock is experiencing supernormal growth. b. the stock should be sold. c. the stock is a good buy. d. management is probably not trying to maximize the price per share. e. dividends are not likely to be declared. (9-1) Preemptive right 2). The preemptive right is important to shareholders because it a. allows managers to buy additi...