Alligator Enterprises has earned above-average returns since its founding five years ago. No other firm has challenged Alligator in its particular market niche; therefore, the firm's owners can feel secure that Alligator has established a competitive advantage.
Answer the following statement true (T) or false (F)
False
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Which of the following are characteristics of a limited partnership?
A) General partners have unlimited liability. B) There must be one or more general partners. C) Limited partners may not participate in the management of the limited partnership. D) all of the above
Net operating working capital, defined as operating current assets minus the difference between current liabilities and notes payable, is equal to the current ratio minus the quick ratio.
Answer the following statement true (T) or false (F)
A realistic approach to managing risk is to
a. wait until the risk occurs then manage it. b. brainstorm possible risks and assess their likelihood of occurrence and level of impact. c. determine all the possible risks that could occur and add in contingencies into the project. d. have a staff member assigned to only work on mitigating risks for projects.
A company wishes to convince customers that its product or service provides more value to them than a competitor’s product or service. That is, it offers a
A. Value proposition B. Generic product C. Commodity