Which of the Following Statements Is True of the Technological

question 97

Multiple Choice

Which of the following statements is true of the technological environment of business?

• A) It helps firms that find it difficult to integrate new approaches.
• B) The rise of digital networks hinders individualized buying experience.
• C) It is beneficial for firms that are slow to adopt new innovations.
• D) It represents a rich source of competitive advantage for fast-moving firms.

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Definitions:

Net Income

It represents the total earnings of a company after subtracting all expenses, taxes, and losses from the total revenue.

Cash Dividends

Payments made by a company out of its earnings to its shareholders, typically in the form of cash, representing a portion of the company's profits.

Retention Ratio

The percentage of net income that is retained in the business rather than paid out as dividends; synonymous with Plowback Ratio.

Cash Dividends

Cash dividends refer to the distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders in the form of cash.