Monopoly power may be proved by evidence that a firm used its power to control prices

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Analysts look for red flags in financial statements that may signal financial trouble. Which of the following is a red flag that suggests that a company may be in trouble?

A) a significant decrease in net income for several years in a row B) a consistent movement in sales, merchandise inventory, and accounts receivable C) a reduction in the debt ratio D) operating activities are a major source of cash flows

Business

Jason's Burgers, a famous diner, recently started taking orders online to reduce the customer wait time. This arrangement was perfect for busy office workers who frequented the place, and the sales went up considerably. Jason's Burgers attempted to ________.

A. reduce costs B. create a new product C. raise barriers to market entry D. lock in customers E. establish alliances

Business

Which of the following is a disadvantage of a general partnership?

A) The control of a partnership is skewed in favor of the partner who invests most capital. B) Partnerships do not have perpetual existence. C) Both a partnership and its individual partners are taxed separately. D) The partnership agreement does not allow partners to leave the business.

Business

In the Stage-GateĀ® approach, ______.

a. Stage refers to the critical activities that need to take place once a product has been launched b. Stage refers to the critical activities that need to be completed to be in compliance with government regulations c. Stage refers to the critical activities that need to take place during a given stage of the project d. Stage refers to the critical activities that need to be completed to be in compliance with ISO regulations

Business