In an external analysis, the first step is to determine where the business is expected to compete.
Answer the following statement true (T) or false (F)
True
The first part of an external analysis is to determine the industry within which the new business will compete, as well as the general makeup of the industry.
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Interperiod tax allocation is required for all of the following situations except
A) ?warranty expenses that are expensed in the year of sale for accounting purposes but are deductible in the year of payment for tax purposes. B) ?percentage depletion that exceeds cost depletion for the current period. C) ?MACRS depreciation for tax purposes and straight-line method for accounting purposes. D) ?installment sales method for tax purposes and accrual method for accounting purposes.
Which of the following statement is true about the price component of a marketing mix?
a. It is the quickest element to change. b. It is the least important of the four Ps. c. It is the starting point of the marketing mix. d. It is decided independently of the external environment of the business.
Which of the following is NOT one of the uncertainties in capacity planning?
a. demand uncertainty b. price uncertainty c. supply uncertainty d. technological uncertainty
Under Truth-in-Lending, the cost of consumer credit must be expressed in an:
A) appreciated payment rate. B) annual percentage rate. C) appraisal payment ratio. D) allocated procedures remedy.