When smartphone manufacturers began including cameras and voice recorders in their products, that was an example of industry convergence.
Answer the following statement true (T) or false (F)
True
Industry convergence is a process whereby formerly unrelated industries begin to satisfy the same customer need. Industry convergence is often brought on by technological advances.
You might also like to view...
Most companies would prefer to remain domestic if their domestic market were large enough. Yet several factors are drawing more and more companies into the international arena. List some of these factors
What will be an ideal response?
A questionnaire that asks respondents whether they "strongly agree," "somewhat agree," "somewhat disagree," or "strongly disagree" is most likely a(n) ________
A) unstructured questionnaire B) online questionnaire C) mail questionnaire D) moderately structured questionnaire E) completely structured questionnaire
When using the direct charge-off method, year-end adjustments for uncollectible accounts expense are not made
Indicate whether the statement is true or false
A 6-month forward contract for corn exists with a price of $1.70 per bushel. If Farmer Jayne decides to hedge her 20,000 bushels of corn with the forward contract,
what is her profit or loss if spot prices are $1.65 or $1.80 when she sells her crop in 6 months? Her total costs are $33,000. A) $1,000 gain or $1,000 loss B) $0 gain or $3,000 gain C) $0 loss or $3,000 loss D) $1,000 gain or $1,000 gain