Typically, intense rivalry in domestic markets does not force firms to look outside their national boundaries for new markets.

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


False

Business

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Rule-of-thumb measures are the best standards of comparison in financial performance evaluation

Indicate whether the statement is true or false

Business

Which of the following does a company use to decide the relative positions of its competitors

when using the market structure method of competition identification? A) product range B) market share C) brand reputation D) annual revenue

Business

Candy-corp hires a summer intern to work in the candy shop during the summer. The intern works 20 hours a week and earns course credit for a course he is taking toward his culinary degree. He is learning a great deal, and at the same time, the company is benefiting from the intern because they did not need to schedule their regular employees full time and they are not paying the intern. What is the legal liability this company is incurring?

a. The summer intern is learning store operations that may not be related to his academic program. b. The intern is performing actual work and not just observing. c. The intern is benefiting the company by replacing duties which could be provided by paid employees. d. The intern is working too many hours.

Business

Older production versions should not be overlapped with test versions of future production releases

a. True b. False Indicate whether the statement is true or false

Business