Increased competition from firms in other nations is an example of the

A. technological environment.
B. global environment.
C. command environment.
D. laissez-faire environment.
E. mixed environment.


Answer: B

Business

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A firm can obtain new products through acquisition or new product development efforts

Indicate whether the statement is true or false

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In a _______________, there is no restriction on goods, services, people, and capital among members, whose trade is duty free.

Fill in the blank(s) with the appropriate word(s).

Business

The value of an asset is determined by discounting the future cash flows generated by the asset using the:?

A. ?tax rate. B. ?interest rate. C. ?inflation rate. D. ?deficit rate. E. ?surplus rate.

Business

Noni and Myra enter into a contract for a sale of clarinets and other wind instruments. Noni delivers, but Myra does not pay. Noni can normally recover as damages the difference between A)?any loss avoided and any profit gained

B)?the actual price and the hoped-for price. C)?the contract price and the market price. D)?the current prices in the parties' locations.

Business