Of the four types of opportunities firms can pursue, diversification is the easiest to evaluate and involves the least risk.
Answer the following statement true (T) or false (F)
False
Since diversification opportunities require moving into totally different lines of business-perhaps entirely unfamiliar products, markets, or even levels in the production-marketing system-such opportunities are hard to evaluate and involve the greatest risk.
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The balance sheet of Sound Designs reports total assets of $750,000 and $800,000 at the beginning and end of the year, respectively. Sales revenues are $1.5 million ($1.2 million in the previous year), net income is $150,000, and net cash flows from operating activities are $175,000. What is Sound Designs' asset turnover?
A. 2.0 times. B. 0.5 times. C. 1.9 times. D. 1.7 times.
The legal ____ were filed by the assistant district attorney on Friday
A) briefs B) brief's C) briefs'
A good executive summary for a new venture business plan should contain which of the following?
a. Information showing a solid growth market b. Information confirming a well-defined customer who needs what you sell c. Information on the team suited to execute the plan d. All of the above
A sample of 200 commuters in Boston indicated that they commute an average of one hour and fifteen minutes per day. The standard deviation of the sample was 25 minutes. Compute the 95% confidence interval for the average commute time of the population (in minutes).
What will be an ideal response?