"Last Month, I Opened a Résumé-Writing Business Out of My

question 105

Multiple Choice

"Last month, I opened a résumé-writing business out of my dorm room. And, now, on this floor alone, I find that I have three start-up competitors!" complained Ashley. Her roommate replied, "Well, at least you haven't had to buy any new equipment for your business. But apparently neither have your competitors." This scenario indicates the

• A) high bargaining power of suppliers when the market is weak.
• B) high threat of new entrants when capital requirements are low.
• C) high threat of new entrants when substitute products are few.
• D) high bargaining power of customers when suppliers are few.
• E) low bargaining power of customers when suppliers are numerous.

Distinguish between intracompany, intercompany, and industry comparisons.

Comprehend how to calculate percentage changes and interpret their significance in financial analysis.

Recognize the importance of qualitative and quantitative indicators in financial statement analysis reports.

Grasp the concepts of liquidity, earnings per share, trend analysis, and ratio analysis in evaluating financial health.

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Definitions:

Proctor & Gamble

A multinational corporation specializing in a wide range of consumer goods, known for brands such as Tide, Pampers, and Gillette.

"Like a Girl"

A phrase used in campaigns to challenge gender stereotypes and promote female empowerment.

National Security

The protection of a nation's citizens and interests against external threats and maintaining sovereignty.

Economy

The system of production, consumption, and trade, as well as the allocation of resources in a specific geographical area or globally.