Basketball Is Played Nearly Everywhere in the World and Is

question 24

Multiple Choice

Basketball is played nearly everywhere in the world and is an easily understood sport.The National Basketball Association (NBA) finals reached more than 600 million televisions in 195 countries.From this information,what should you be able to infer about the NBA?

• A)It is developing international selling schemes.
• B)It is implementing standard international marketing.
• C)It is practising global marketing.
• D)It is supplementing its foreign vision.

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Definitions:

Financial Leverage

The use of borrowed funds to increase a company's investment potential, which can amplify both potential returns and potential losses.

Operating Leverage

Operating leverage refers to the degree to which a company or project can increase operating income by increasing revenue.

Total Leverage

The combination of operating leverage (affecting operating income) and financial leverage (affecting net income), indicating total risk.

Financial Leverage

The use of borrowed funds to finance the acquisition of assets, with the expectation that the profits made will be greater than the interest payable.