Since the introduction of the iPhone, a booming market for smartphone apps has emerged. It is most accurate to say that this new opportunity was created through changes in the ________ environment.

A. political and legal
B. competitive
C. technological
D. economic
E. sociocultural


Answer: C

Business

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Which of the following are benefits of horizontal integration?

a. Reduced competitive intensity b. Lower production costs through economies of scale c. Increased differentiation by eliminating similar products or services in the market d. All of the above

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If the market multiple is 20.24 and the P/E ratio of a company is 24.5, then the stock's relative P/E is

A) 0.83. B) 1.19. C) 1.21. D) 4.26.

Business

The government agency that insures each depositor at a commercial bank, savings and loan association,

or mutual savings bank up to a loss of $100,000 per account ($250,000 for individual retirement accounts) is the Securities and Exchange Commission (SEC).

Business

In the Fred Astaire East Side Dance Studio case study, a(n) ________ model was used to organize ballroom showcases and arrange participants and timeslots accordingly

Fill in the blanks with correct word

Business