What is speculative production and how does it impact a firm's financial planning?
What will be an ideal response?
Speculative production refers to the time lag between the actual production of goods and when the goods are sold. Speculative production may create a need for short-term financing since the upfront costs may need to be covered prior to sale and receipt of payment for a firm's products or services. Financial planning for speculative production may be challenging due to the instability and projection of unsold products or services. This may lead to cash flow problems and the need for short-term financing. Note: The preceding question asks students for more details about cash flow.
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A first-mover advantage is
A. the ability of later market entrants to achieve long-term competitive advantages by not being the first to offer a certain product in a marketplace. B. the ability of an innovative company to achieve long-term competitive advantages by being the first to offer a certain product in the marketplace. C. the result of a company matching a core competency to opportunities it has discovered in the marketplace. D. a combination of circumstances and timing that permits an organization to take action to reach a particular target market. E. the selection of a target market and the creation of a marketing mix that will satisfy the needs of that target market.
A category killer is a very large specialty store that concentrates on a single product line and competes by offering low prices and an enormous number of products.
Answer the following statement true (T) or false (F)
The federal and state legislation generally prohibits employers from requiring employees to take:? A) ?honesty tests
B) polygraph tests.? C) psychometric tests.? D) physical fitness tests.
Knowing when records have been removed from storage is not important
a. True b. False Indicate whether the statement is true or false