The Information That Is Gathered by a Firm to Learn

question 58

Multiple Choice

The information that is gathered by a firm to learn about its competitors is referred to as ________.

• A) a feasibility appraisal
• B) a workable appraisal
• C) a practical assessment
• D) a viable assessment
• E) competitive intelligence

---

Definitions:

Sales Commissions

Payments made to sales personnel based on the amount of sales they generate, often calculated as a percentage of the sale price.

Days' Sales In Inventory

Days' sales in inventory is a financial metric that indicates the average time it takes for a company's inventory to turn into sales, reflecting inventory management efficiency.

Merchandise Inventory

Merchandise inventory refers to the products a company has available for sale to customers at any given time.

Balance Sheet

The balance sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time, offering insights into its financial health.