Operating return on assets captures the effect of taxes and financing costs, and hence provides the
broadest possible measure of profitability.
Indicate whether the statement is true or false
FALSE
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Which of the following statements about the stages of the product life cycle is FALSE?
A. Sales level off and profits continue to go down in the market maturity stage. B. Industry profits go down throughout the market maturity stage. C. In the market growth stage, profits keep rising steadily with no sign of decline. D. The market introduction stage can be seen as investing in the future. E. The sales decline stage can be seen as a time of replacement.
Your magic number is the number of customers you can comfortably provide with your product or service.
Answer the following statement true (T) or false (F)
According to Porter, only one company in an industry can actually be the cost leader
Indicate whether the statement is true or false
What is an example of a subpoena?
a. A court order to a company to stop polluting the air. b. A court order requiring a deponent to answer questions. c. A federal agency demands various internal documents from a corporation. d. The president orders troops called up in the national defense. e. The president orders Congress to pass a bill on an expedited schedule.