The probability of an event is _____
a. the sum of the probabilities of the sample points in the event
b. the product of the probabilities of the sample points in the event
c. the minimum of the probabilities of the sample points in the event
d. the maximum of the probabilities of the sample points in the event
a
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The microenvironment and the macroenvironment are both part of a company's external environment
Indicate whether the statement is true or false
One way to measure a company's financial performance is to benchmark against that of its competition. Which of the below is NOT a problem a company faces when benchmarking this way?
A) A problem arises when we use financial statements of different firms. B) Firms are of different sizes, and thus comparisons may be troubling. C) We cannot restate common-size financial statements for different firms. D) All of these are problems.
Which of the following aspects that impact enterprise resource planning (ERP) differs among companies of different sizes?
A) relevance of ERP systems B) value chains C) availability of skilled IT staff D) basic business processes
The analysis of a firm's financial statements can be an important factor in the firm's ability to borrow money
Indicate whether this statement is true or false.