An evolving strategy for a ride-share business like Uber or Lyft is not likely to be triggered by
A. their need to respond to short-term swings in the stock market that impact timing of an initial public offering (IPO).
B. their need to abandon some strategy features that have been faltering or are no longer working well.
C. the proactive efforts of their managers to fine-tune and improve one or more pieces of the strategy.
D. their need to respond to the newly initiated actions and competitive moves of manufacturers of autonomous vehicles.
E. their need to keep strategy in step with changing circumstances, market conditions, and changing customer needs and expectations.
Answer: A
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J. Ross and Sons Inc. has a target capital structure that calls for 40 percent debt, 10 percent preferred stock, and 50 percent common equity. Ross' common stock currently sells for $40 per share. The firm recently paid a dividend of $2 per share on its common stock, and investors expect the dividend to grow indefinitely at a constant rate of 10 percent per year. Which of the following is the firm's cost of retained earnings? (Round off the answer to two decimal places.)?
A. ?16.34 percent B. ?10.42 percent C. ?15.50 percent D. ?12.20 percent E. ?13.25 percent
The "Parable of the Sadhu" is an essay in support of the theory of survival of the fittest
Indicate whether the statement is true or false
If you grant a nonpossessory interest to Eagle Logging to enter your land and remove timber from ten acres, you have granted Eagle a profit.
Answer the following statement true (T) or false (F)
A binding promise may be defined as one:
a. made by parties whose words are "intended to be meaningful" b. that is enforced by tort law c. that is written and "sealed" d. that is written in the presence of an attorney e. none of the other choices