A Firm's Ability to Turn Change in Its External Environment

question 41

Multiple Choice

A firm's ability to turn change in its external environment into profit

• A)requires just one key resource: information.
• B)depends on its ability to respond by changing its capabilities appropriately.
• C)is the test of a sustained focus strategy.
• D)is always measured by its market share.

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Definitions:

Securities Regulation

The set of laws and regulations governing how securities are issued, bought, sold, and traded, primarily aimed at protecting investors.

Securitization

The financial practice of pooling various types of contractual debt such as mortgages and selling their related cash flows to third-party investors as securities.

Newly Created Securities

Financial instruments such as stocks or bonds that have been recently issued and are available for investment.

Original Issuer

The entity or organization that initially offers or issues a financial instrument or security to the public.