Which of the Following Is a Market-Oriented Business Definition

question 143

Essay

Which of the following is a market-oriented business definition?
"to provide a local trading platform where practically anyone can trade practically anything"
"to sell tools and home repair and improvement items"
"to deliver low prices every day"
"to be the best company in our industry"
"to bring inspiration and innovation to everyone in the world"

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Definitions:

Fixed Asset Turnover

A financial ratio that measures how efficiently a company uses its fixed assets to generate sales.

Du Pont Identity

A financial formula that breaks down return on equity into three component parts: profit margin, asset turnover, and financial leverage.

Return on Equity

A profitability ratio that highlights the level of profit a company achieves with the capital invested by shareholders.

Financial Statements

Comprehensive reports created to communicate an organization's financial performance, financial position, and cash flows over a specific period.