A Firm That Is Unable to Obtain Financing to Manufacture

question 25

Multiple Choice

A firm that is unable to obtain financing to manufacture new products is likely encountering negative pressures from:

• A) the competitive environment.
• B) the technological environment.
• C) the economic environment.
• D) the political/legal environment.
• E) the cultural/social environment.

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Definitions:

Directional Control

The mechanism or system used to steer or change the direction of a vehicle or a machine part.

Pilot

Any of a number of devices that receives a signal and then effects an action; can also be known as a relay.

Spool

A cylindrical device around which materials such as thread, wire, or film are wound for storage.

Swashplate Pump

A type of hydraulic pump where a rotating swashplate controls the flow of fluid, used in various high-pressure hydraulic systems.