Senior executives focus on financial data when comparing the performance of their companies to that of competitors.
Answer the following statement true (T) or false (F)
True
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A general rule in choosing among alternative investments is the greater the risk taken, the
A) greater the return required. B) lower the potential expected. C) greater the price of the investment. D) lower the profits expected.
Name one technological advance that has impacted how consumers research and buy products. Give an example from your own experience.
What will be an ideal response?
An example of a guideline (or rule of thumb) for comparison is the 2:1 level for the current ratio and 1:1 level for the acid-test ratio.
Answer the following statement true (T) or false (F)
All of the following are examples of the seven wastes except?
a. Overproducing b. Excess quality c. Waiting d. Excess inventory