Smart Products Suppose Smart Products Has Three Divisions Which Contribute 40, 35

question 47

Multiple Choice

Smart Products
Suppose Smart Products has three divisions which contribute 40, 35, and 25 percent each to its revenues

-What is Smart Products' Herfindahl Index on focus?

• A) 1.0
• B) 0.40
• C) 0.345
• D) 0.333

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Definitions:

Spot Rates

The present market rate at which a currency is available for immediate purchase or sale.

Merchandise

Goods or items that a business sells to its customers.

Forward Contract

A non-standardized agreement between two parties to buy or sell an asset at a specified future time at a price agreed upon today.

Spot Rates

The current cost at which one can buy or sell a certain currency, ready for instant delivery.