Today's Global Economy Changes Competitive Strategies Because It ________

question 2

Multiple Choice

Today's global economy changes competitive strategies because it ________.

• A) enables unprecedented product differentiation
• B) makes communication between a company and its customer one-sided
• C) reduces the risk that a company has to bear
• D) eliminates the need for localizing products

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Definitions:

Bond-Rating Agencies

Organizations that assess the creditworthiness of both corporate and governmental issuers of debt securities, providing investors with an indication of the risk level of bonds.

Quick Ratio

An indicator of a firm's capacity to cover its short-term liabilities using its most readily available assets.

Accrued Interest

Interest that has accumulated over a period but has not yet been paid or received.

Treasury Note

A type of government bond issued by the U.S. Department of the Treasury with intermediate maturities ranging from 1 to 10 years.