The value of determining the relative competitive strength of each business a company has diversified into is to have a quantitative basis for

A. rating them from strongest to weakest in terms of contributing to the corporate parent's revenue growth.
B. identifying which businesses have large/small competitive advantages or competitive disadvantages vis-à-vis the rivals in their respective industries.
C. comparing resource strengths and weaknesses, business by business.
D. rating them from strongest to weakest in terms of contributing to the corporate parent's profitability.
E. rating them from strongest to weakest in contending for market leadership in their respective industries.


Answer: E

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Products and services fall into two broad classifications based on the types of customers who purchase and use them. Which is one of these broad classes?

A) industrial products B) specialty products C) supplies and services D) materials and parts E) convenience products

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A will may not be changed

a. True b. False

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The primary purpose in preparing a cash budget is ________

A) to evaluate the intrinsic value of a financial assets B) to estimate a firm's short-term cash requirements C) for risk analysis D) to estimate sales

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[Paying Debts] Felicia writes a $500 promissory note to Arut. Arut, who owes money to Gibson, endorses the note and gives it to Gibson. Gibson then pays off a debt to Branson with the $500 note. Branson, who has some business dealings with Felicia, writes "Pay to the order of Felicia" on the same $500 note, places as "X" where his signature should be, and transfers the note to Felicia, who endorses the note to Tonya.If, instead of demanding payment on the note, Tonya returns the note to Felicia without marking it in any way, is Felicia still liable on the note?

A. Yes, she is primarily liable on the note, but the other endorsers were discharged. B. No, since Tonya surrendered the note to Felicia, Felicia is no longer liable on the note. C. No, because the note became void once it was reacquired by Felicia. D. Yes, because she has not been discharged. E. Yes, because Felicia must mutilate the note to show that Felicia is discharged from liability.

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