Changes in the external environment spark innovative new ideas.
Answer the following statement true (T) or false (F)
True
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Prior to SOX, external auditors were required to be familiar with the client organization's internal controls, but not test them. Explain
Define a trait based system.
What will be an ideal response?
What is TCP/IP's own messaging system for email?
A. File transfer protocol (FTP) B. Simple mail transfer protocol (SMTP) C. Hypertext transfer protocol (HTTP) D. Simple network management protocol (SNMP)
An industry's sales have leveled off and profits are declining in oligopolistic competition. Consumers see competing products as homogeneous. Several firms have dropped out of the industry, but a new one entered recently. Firms in the industry are trying to avoid price-cutting by spending on persuasive advertising. These firms are competing in which stage of the product life cycle?
A. market maturity B. market introduction C. sales decline D. market growth E. market development