Firms Will Survive in the Long Run to the Extent

question 25

Multiple Choice

Firms will survive in the long run to the extent that managers consistently create ______ for the firm's broad range of stakeholders.

• A)profits
• B)goodwill
• C)value
• D)harmony

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Definitions:

BIOS

Basic Input/Output System, firmware used to perform hardware initialization during the booting process, and to provide runtime services for operating systems and programs.

Setup

Software that tells a computer about itself and the hardware it supports, such as the amount of RAM memory, type of hard drive installed, current date and time, and so on.

Control Panel

A Windows utility that allows computer configuration such as adding or removing software, adding or removing hardware, configuring a screen saver, adjusting a monitor, configuring a mouse, installing networking components, and so on.

Additional Connector

An extra plug or port provided on a device allowing the connection of more peripherals or accessories.