What does the Financial Accounting Standards Board now call special purpose entities?
a. variable interest entities
b. off-balance-sheet entities
c. structured finance entities
d. risk mitigation vehicles
a
FEEDBACK: a. Correct.
b. Incorrect.
c. Incorrect.
d. Incorrect.
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Which of the following not one of the reasons that the conversion process is typically considered more complicated than the sales and collections and the purchases and payments processes?
A. Many companies do not have a conversion process. B. The conversion process has greater record-keeping requirements. C. The sophistication of the conversion process may vary greatly among different companies. D. All three of the other answers are reasons that the conversion process is more complicated.
The Innovator's Dilemma suggests that established companies can take advantage of ________ without hindering existing relationships with customers, partners, and stakeholders.
A. Sustaining technology B. Collective intelligence C. Existing investments D. Disruptive technology
What problems led to the changes Benetton made in 2000? To what extent has the company merely added further complexity, compromising the purity of the original system without actually solving these problems? How might it have responded differently?
What will be an ideal response?
In the context of global marketing, when a company either creates a new product for a market or dramatically changes an existing product, the company is using a _____ strategy
A. product invention B. product extension C. market substitution D. product licensing E. market adaptation