Which of the following statements is true of the technological environment of business?
A. It helps firms that find it difficult to integrate new approaches.
B. The rise of digital networks hinders individualized buying experience.
C. It is beneficial for firms that are slow to adopt new innovations.
D. Itrepresents a rich source of competitive advantage for fast-moving firms.
Answer: D
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Which of the following should be audited when the store is open?
a. fixture quality b. inventory turnover c. parking lot adequacy d. employee records
The ________ is used to evaluate projects by calculating the amount of time that will elapse before the total of after-tax cash flows will equal the initial investment
Fill in the blanks with correct word
Which of the following statements is CORRECT?
A. A firm's business risk is determined solely by the financial characteristics of its industry. B. The factors that affect a firm's business risk include industry characteristics and economic conditions, both of which are generally beyond the firm's control. C. One of the benefits to a firm of being at or near its target capital structure is that this generally minimizes the risk of bankruptcy. D. A firm's financial risk can be minimized by diversification. E. The amount of debt in its capital structure can under no circumstances affect a company's EBIT and business risk.
Most Small Business Administration loans are actually made by
A. the Small Business Administration. B. the government. C. private lenders. D. private foundations. E. insurance companies.