A firm is trying to determine whether it would be advantageous to adopt a new computer system with advanced software. It is investigating how this computer system will improve its own operational efficiency. It is also examining trends in the industry to determine the impact that adopting this computer system might have on customers and society at large. The firm is engaging in
A. monopolistic competition.
B. economic forecasting.
C. self-regulation.
D. environmental analysis.
E. technology assessment.
Answer: E
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Which of the following statements is true?
a. External performance measures focus on production and performance. b. Patents developed are examples of production performance. c. The most common performance metric is profit. d. All of the above are true.
Technological forecasting helps determine the technological feasibility of new products by surveying large numbers of consumers
Indicate whether this statement is true or false.
The EU Treaty prohibits discrimination based on:
a. religion. b. nationality. c. sexual orientation. d. All of the above
Grant Corporation sells land (a noninventory item) with a basis of $57,000 for $100,000. Nichole will be paid on an installment basis in five equal annual payments, starting in the current year. The E&P for the year of sale will be increased as a result of the sale (excluding federal income taxes) by
A) $0. B) $8,600. C) $43,000. D) $100,000.