Which of the Following Makes High-Technology Firms and Service-Based Firms

question 120

Multiple Choice

Which of the following makes high-technology firms and service-based firms risky as restructuring candidates?

• A) They are dependent on human resources.
• B) They have few intangible assets.
• C) Both types of firm rely on financial economies.
• D) The demand for their products is highly sensitive to economic downturns.

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Definitions:

Deregulation

Cutting back or doing away with state authority in a certain field, often to foster greater competition in that field.

Automotive

Refers to the design, development, manufacturing, marketing, and selling of motor vehicles.

Railroads

Land transport routes using a series of tracks and stations for the movement of trains to transport passengers and goods.

Industrial Regulation

Governmental regulation of industries to ensure competition, control prices, prevent monopolies, and protect consumers.