What of the Following Factors Did Not Help Geneva Watchmakers

question 3

Multiple Choice

What of the following factors did not help Geneva watchmakers ultimately gain dominant status from the British in the industry in the 19ᵗʰ century?

• A)Wars drained the British economy drying up local demand for the watches
• B)The Swiss gained access to crucible steel outside of Britain
• C)The Swiss outsourced labor to the United States at labor costs well below those in England
• D)Desperate British watchmakers uncased movements and parts, helping the Swiss match British quality
• E)The Swiss tailored their watches to consumer tastes

---

Definitions:

Net Working Capital

The difference between a company’s current assets and its current liabilities, indicating short-term financial health.

Taxable Income

The amount of income subject to tax, after all deductions and exemptions are taken into account.

Net Capital Spending

The total spending on fixed assets less the proceeds from the sale of fixed assets, indicating a company's investment in physical assets.

Cash Flow

The whole quantity of financial inflows and outflows in a company, profoundly affecting its liquidity metrics.