One Way the Internet and Digital Technologies Are Creating Opportunities

question 29

True/False

One way the Internet and digital technologies are creating opportunities for firms with differentiation strategies is by enabling mass customization.

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Definitions:

Total Assets

The sum of all assets owned by a company, including cash, inventory, property, and equipment, reflected on the balance sheet.

Use of Cash

The ways in which a company or individual employs their available cash resources, including operating expenses, investments, and financing activities.

Uses of Cash

Refers to the various ways a business or individual utilizes cash, including operating expenses, investment activities, and financing activities.

Common-size Statement

A financial statement in which each line item is expressed as a percentage of a significant total, facilitating comparison with other companies or periods.