A monetize strategy differs from a harvest strategy in that a monetize strategy ________
A) is a defensive strategy
B) manages prices and marketing resources in a way that maximizes cash flow without exiting the market
C) is used for maximizing profits and cash flow as a business slowly exits a product-market
D) protects an attractive market position in which the business dominates with respect to competitive position
E) is a strategy for exiting a market by selling or closing down the business or eliminating the product
B
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Which of the following is not a current reporting requirement for a statement that reports changes in cash over a period of time?
A) This statement must classify cash flows into three categories: operating, investing, and financing activities. B) Cash equivalents must be combined with cash in preparing this statement. C) Working capital may be used as a substitute for cash in preparing this statement. D) The operating activities section can be prepared using either the direct method or the indirect method.
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.
Explain the difference between attachment and perfection
The weather is becoming important to you since you would like to go on a picnic today. If it was sunny yesterday, there is a 70% chance it will be sunny today. If it was raining yesterday, there is a 30% chance it will be sunny today
If the probability that it was raining yesterday is 0.25, what is the probability that it will rain today? A) 0.1 B) 0.3 C) 0.4 D) 0.7 E) None of the above