Quick Technology Company Is a Supplier of High-End Research Equipment

question 60

Multiple Choice

Quick Technology Company is a supplier of high-end research equipment for the pharmaceutical industry. Quick currently has a variety of different firms producing computer chips for increased memory and improved processing speeds which are installed in Quick's equipment. In this case, having another firm provide supplies for Quick's equipment is an example of:

• A) Strategic positioning.
• B) Opportunity costing.
• C) Profitability maximization.
• D) Outsourcing.
• E) Value chain analysis.

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Definitions:

Form 10-K

An annual report required by the U.S. Securities and Exchange Commission (SEC), providing a comprehensive overview of a company's performance.

Contributed Capital

Also known as paid-in capital, it represents the total value of all assets contributed to a company by its shareholders in exchange for shares of stock.

Treasury Stock

Shares of a company's own stock that it has reacquired from shareholders but not retired, held as an asset on the balance sheet.

Premium

The amount by which the price of a financial instrument or asset exceeds its par or face value; also refers to the cost paid for an insurance policy.