The Corridor Principle Is Best Described by Which of the Following

question 5

Multiple Choice

The corridor principle is best described by which of the following statements?

• A)If at first you don't succeed, try, try, again.
• B)Be in the right place at the right time.
• C)With every new venture launched, new and unintended opportunities arise.
• D)Luck happens when preparation meets opportunity.

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Definitions:

Volume Of Operations

The scale or magnitude of the business activities that a company carries out in a specific period.

Sunk Costs

Costs that have already been incurred and cannot be recovered, and thus should not be considered in new decision making.

Financing Costs

Expenses incurred by a company to finance its operations or to raise capital, such as interest payments on loans.

Inflation Effects

The impact of the general increase in prices and fall in the purchasing value of money on financial instruments and investments.