Which of the Following Statements Is FALSE

question 28

Multiple Choice

Which of the following statements is FALSE?

• A)The costs of selling assets below their value are greatest for firms with assets that lack competitive,liquid markets.
• B)Firms in financial distress tend to have difficulty collecting money that is owed to them.
• C)Suppliers may be unwilling to provide a firm with inventory if they fear they will not be paid.
• D)The loss of customers is likely to be large for producers of raw materials (such as sugar or aluminum),as the value of these goods,once delivered,depends on the seller's continued success.

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Definitions:

Reverse Innovation

Reverse Innovation is a concept where goods or services developed as inexpensive models to meet the needs in developing countries are then adapted for sale in developed countries.

Global Firms

Businesses that operate and serve customers in multiple countries, integrating and adapting their operations and strategies worldwide.

Process Innovation

A strategy that focuses on improving or creating new processes within a company to enhance productivity and efficiency.

Software

Programs and operating information used by a computer to perform specific tasks.