Why are a company's annual reports a good source of secondary information for analyzing competition?

What will be an ideal response?


Public companies must issue financial reports, such as annual reports and 10-K forms, to the Securities and
Exchange Commission (SEC) on a regular basis. As a result, it is easier to find financial data on public companies
than it is for private ones. Annual reports can aid competitive
analysis through their financial information, of course, and also with their introductory letters from the CEO, which
can offer insights into future directions for the company.

Business

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An employee has a(n) ______________________________ when he (she) has a financial interest (direct or indirect) in a company with which the employer does business

Fill in the blank(s) with correct word

Business

Which of the following statements best defines customer satisfaction?

A. It refers to a term that is used to describe how well an organization is doing in providing products and services that meet or exceed a customer's needs and expectations. B. It refers to the process of a customer switching between products or companies, often simply to get a better price, contract, rebate, or warranty. C. It refers to a five-step process for creating contingency or backup plans to better serve customers when problems arise or things do not go as expected. D. It refers to any formula used to calculate the cost of acquiring a new customer or replacing a current one.

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In a short essay, describe an audit and list at least four uses of audit data

What will be an ideal response?

Business

Blood banks are highly dependent on donors. In the terminology of industry analysis, which of the following statements about donors is accurate?

A. Blood donors are suppliers and are powerful because of the critical nature of what they provide to the blood bank. B. Blood donors are suppliers and are powerful because of their concentration relative to the blood bank. C. Blood donors are buyers and are not powerful because switching costs to change to alternative inputs are low. D. Blood donors are buyers and are powerful because of the volume of blood needed.

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