Many companies use free cash flow to estimate the amount of cash that would be available for unexpected opportunities
Indicate whether the statement is true or false
TRUE
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A railroad would not be liable as an insurer of a passenger's baggage if the baggage were stolen or destroyed by
a. an invading army. b. a group of angry rioters. c. railroad employees. d. hijackers.
A clear pattern among successful entrepreneurs is
a. setting goals that are just out of reach. b. the fear of failure common to all people. c. their focus on opportunity rather than strategy. d. not fitting in to traditional organizations.
The competitive advantages of a "pull" vehicle distribution process include each of the following except
A) improved customer satisfaction and better pricing. B) large cost savings in finished vehicle inventory carrying costs. C) better cash flow to the manufacturers. D) creating a build-to-stock environment.
Each of the following is a main function of traditional and electronic markets except
A) matching buyers and sellers. B) facilitating the exchange of information, goods, services, and payments associated with market transactions. C) financing the transformation of raw materials into finished products. D) providing an institutional infrastructure, such as a legal and regulatory framework that enables the efficient functioning of the market.