1. What generic strategy is seen as a recipe for mediocrity?
A. Low cost, low quality B. Being all things to all people C. Broad differenctiation D. Focusing on the bottom line E. One that saves money to execute.
2. Given the following data, how do you calculate what the annual dividend for each year at 40% constant payout ratio?
Year Earnings per share Year Earnings per share
2015 $4.00 2010 $2.40
2014 3.80 2009 1.20
2013 3.20 2008 1.80
2012 2.80 2007 -0.50
2011 3.20 2006 0.25