IBM Initially Ignored the PC Market Because

question 40

Multiple Choice

IBM initially ignored the PC market because

• A)IBM did not recognise the PC market as a separate industry.
• B)IBM had seen the PC as a tiny, hobbyist's niche within the computer industry, not worth IBM's attention.
• C)IBM knew they weren't innovative enough to compete against Apple.
• D)IBM is not good at spotting new opportunities.

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Definitions:

Factory Equipment

Durable goods or machinery used in manufacturing processes, typically involving production or maintenance tasks.

Indirect Method

A type of cash flow reporting in financial statements where net income is adjusted for changes in balance sheet accounts to calculate the cash flow from operating activities.

Financing Activities

Transactions that result in changes in the size and composition of the equity and borrowings of an entity, such as issuing stock or obtaining loans.

Mortgage Notes Payable

A form of long-term debt where the borrower agrees to pay back a loan used to purchase real estate, along with interest, over a specified period.