A firm plans to use a defensive core strategy of monetize, harvest, and divest, with the strategic objective of maximizing cash flow. Which of the following strategies is the firm most likely to implement as a part of its core strategy?

A) build customer retention
B) enter new related markets
C) develop new markets
D) manage for cash flow
E) improve customer loyalty


D

Business

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Barry Stir, Esq. is an attorney with a small solo practice. Most of the matters that Barry handles are straightforward and well defined, such as drafting simple wills and trusts, forming small corporations and limited liability companies, filing simple bankruptcy proceedings, and settling uncontested divorces. For these matters, the fee arrangement is usually ________.

A. a contingency-fee B. a flat fee C. a mortgaged fee D. an hourly fee

Business

Answer the following statements true (T) or false (F)

An event, as defined in SFAC No. 6, is “a happening of consequence to an entity.”

Business

Which of the following activities is judged by the rule-of-reason standard?

A) horizontal price-fixing B) group boycotts C) some divisions of markets D) exchange of information

Business

Car n' Truck Body & Paint Company orders custom paint from Diverse Hues Inc, but Diverse does not deliver. Car n' Truck will probably be unable to enforce the agreement if the parties omitted

a. a price term. b. a payment term. c. a quantity term. d. shipping arrangements.

Business