The Fact That Apple Has No Manufacturing Facilities of Its

question 18

Multiple Choice

The fact that Apple has no manufacturing facilities of its own

• A) has caused it to build up massive debt on its balance sheet.
• B) has enabled it to remain financially lean.
• C) has been problematic for Apple in terms of debt.
• D) illustrates that having more fixed assets than rival firms, can provide major competitive advantages in a global recession.
• E) means that it is in the same position as Sony.

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Definitions:

John Locke

A 17th-century English philosopher and political theorist, known as the "Father of Liberalism", whose ideas on individual rights and government by consent significantly influenced the development of political philosophy and democracy.

Governments

Systems or groups of people governing an organized community, often a state.

Grenville's Legislation

A series of acts passed by British Parliament in the mid-18th century, named after George Grenville, aiming to impose taxes and assert tighter control over the American colonies.

Colonial Printing

The practice and industry of producing written materials by pressing ink onto paper, which played a significant role in disseminating information and ideas in colonial societies.