Competition is most intense when there are ________ direct competitors, industry growth is slow, and the product or service cannot be differentiated.
A. some
B. limited
C. many
D. few
E. no
Answer: C
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Specialization is an advantage of
a. large-scale production. b. monopolies. c. smaller production runs. d. high wages for foreign workers.
The creation of value is driven by what factors?
A) Cash flow and growth B) Growth and risk C) Profitability and growth D) Reducing risk
Conditional probability is the probability that an event will occur, with no other events taken into consideration
a. True b. False Indicate whether the statement is true or false
In the context of ratio analysis, the quick ratio measures
A. the cash that can be quickly gained by selling a firm's current inventory at hugely discounted rates. B. the overall profits of a firm measured across a fixed period of time. C. the total assets of a firm, including equity investments and accounts receivable. D. the current assets of a firm, excluding its current inventory, relative to its current liabilities.