Technological Leapfrogging Is a Guerilla Warfare Tactic Practised in the Fast-Food

question 20

True/False

Technological leapfrogging is a guerilla warfare tactic practised in the fast-food marketplace.

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Definitions:

Operating Cash Flow

A measure of the cash generated by a company's normal business operations.

DOL

Degree of Operating Leverage, a ratio that measures how a company's operating income changes with a change in sales, indicating the effects of fixed costs on profits.

Accounting Break-Even

The point at which total revenues equal total expenses, and the business does not make a profit or loss.

Depreciation

A financial approach that spreads the price of a tangible asset over the period it is expected to benefit the company.