Which of the following factors most likely explains the difference in the profitabilities of these two firms?

a. differential ability to secure debt financing
b. differential economies of scale
c. the difference in the number of business segments


B

Business

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A(n) ________ is when a company might seek new businesses that have no relationship to its current technology, products, or markets

A) concentric strategy B) conglomerate strategy C) horizontal strategy D) intensive growth strategy E) integrative strategy

Business

Experienced quality of service is determined by:

A) an image the customer forms after the service encounter. B) market communications and image of the company. C) past experiences that the customer had with company. D) word of mouth communication and customer needs.

Business

The only accounts that are closed are income statement accounts

Indicate whether the statement is true or false

Business

Clarifying goals, determining how the group will function, and setting standards is which part of the team development process?

a. Norming b. Performing c. Forming d. Working e. Storming

Business