While Playing Soccer, Bryan Suddenly Fell and Broke His Arm

question 88

Multiple Choice

While playing soccer, Bryan suddenly fell and broke his arm. Needing to get to the hospital, he was not only interested in the nearest location, but also the shortest emergency room wait time. He remembered seeing a billboard for The Cleveland Clinic promoting their time-text service where he could call the number GET-TXT-TIME and they would text him the approximate waiting time at the closest three hospital locations. The Cleveland Clinic is providing enhanced service to its patients by capitalizing on which environmental force?

• A)Economic
• B)Competitive
• C)Political
• D)Legal and regulatory
• E)Technological

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Definitions:

Preferred Stock

A class of ownership in a corporation with a fixed dividend that is paid before any dividends are paid to common stockholders.

Cumulative

Describes something that increases in quantity, degree, or force by successive additions.

Market Rate of Return

The average rate of return on investments expected by investors in the market.

Annual Dividend

The total dividend payment a company decides to distribute to its shareholders annually.