Firms Always Adopt and Use New Technology

question 60

True/False

Firms always adopt and use new technology.

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Definitions:

Convertible Bonds

Bonds that can be converted into a predetermined amount of the company's equity at certain times during its life, usually at the discretion of the bondholder.

Outstanding Voting Shares

The total shares of a company that are held by shareholders and carry rights to vote on company matters.

De Facto Control

A situation where control over an entity is held through means other than formal share ownership.

Strategic Operating

Refers to the planned and tactical execution of a company's operational activities aligned with its overall strategic goals.