On the Whole, There Are More Competitive Responses To

question 8

Multiple Choice

On the whole, there are more competitive responses to:

• A) strategic actions than to tactical actions.
• B) tactical actions than to strategic actions.
• C) buyer pressures than to supplier pressures.
• D) the demands of the top management team than to industry structural pressures.

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Definitions:

Inventory

A company's full collection of materials and goods, kept for the goal of being sold or used in production.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for, represented as an asset on the company's balance sheet.

Return on Equity

A financial ratio indicating the profitability of a company relative to shareholders' equity, showing how much profit is generated with the money shareholders have invested.

Du Pont Identity

This financial analysis formula breaks down the return on equity into three parts: operating efficiency, asset use efficiency, and financial leverage.