For the same business you used in the previous exercises, create a list of competitors in the new market and identify primary sources to interview about these competitors.
What will be an ideal response?
Competitors can be found amongst:
? Suppliers
? Buyers
? In-industry rivals
? In-country (local) to the new market
? Home country with same export/expansion strategy
Students should then identify potential primary sources to gather data from on each type of competitor – answers can range from a particular individual to the position held.
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Indicate whether the statement is true or false
Which statement best describes the use of pronouns for most business reports?
A) The phrase the writer is a good substitute for first-person pronouns. B) Using passive voice is a good alternative to using first-person pronouns. C) Because formal reports focus on the information instead of on the writer, third-person pronouns should be used. D) Second-person pronouns should be used to draw the reader into the report. E) Use the word he as a generic pronoun when referring to an unidentified person.
If a minor sells property that the buyer then resells to a good faith purchaser for value and the minor then disaffirms the sales contract, under both the traditional view and the UCC, the minor can recover the property from the good faith purchaser for value since the minor has the power of avoidance and both purchasers had only voidable title
a. True b. False Indicate whether the statement is true or false
Which of the following statements is TRUE?
A) The lower a firm's debt-to-equity ratio, the LESS room it has to take on additional debt. B) More stable industries, such as utilities, tend to have LOWER debt-to-equity ratios. C) Leverage ratios focus on INCOME STATEMENT items. D) There is NO GENERAL BENCHMARK FOR LEVERAGE RATIOS, and ideal values vary from industry to industry.