Under which circumstance can an alliance be considered just a convenient business arrangement rather than "strategic"?

A. The alliance helps the company obtain additional financing on better credit terms.
B. The alliance helps block a competitive threat.
C. The alliance helps build, enhance, or sustain a core competence or competitive advantage.
D. The alliance is critical to the company's achievement of an important objective.
E. The alliance helps open up important new market opportunities.


Answer: A

Business

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The purpose of an audit is to

A) determine whether or not a company is a good investment. B) comply with income tax regulations. C) determine whether or not a company is a good credit risk. D) ascertain that the financial statements follow GAAP.

Business

Which of the following statements is CORRECT?

A. The discounted payback method recognizes all cash flows over a project's life, and it also adjusts these cash flows to account for the time value of money. B. The regular payback method was, years ago, widely used, but virtually no companies even calculate the payback today. C. The regular payback is useful as an indicator of a project's liquidity because it gives managers an idea of how long it will take to recover the funds invested in a project. D. The regular payback does not consider cash flows beyond the payback year, but the discounted payback overcomes this defect. E. The regular payback method recognizes all cash flows over a project's life.

Business

Daily highs in Sacramento for the past week (from least to most recent) were: 95, 102, 101, 96, 95, 90 and 92. Develop a forecast for today using a 3-day moving average

What will be an ideal response?

Business

Using the worksheet approach, general (governmental) long term assets and long term debt have a balance of zero until the worksheet entries are made.

Answer the following statement true (T) or false (F)

Business