Consumers Affect Industry Profits Indirectly When They Exercise Power as the Last

question 6

True/False

Consumers affect industry profits indirectly when they exercise power as the last link of an industry value chain.

---

Definitions:

Note Payable

A written promise to pay a specific amount of money, usually with interest, by a certain date.

Financing Activities

These refer to transactions and business events involving the flow of cash between a company and its investors, creditors, and owners, such as issuing shares, borrowing loans, and paying dividends.

Accounts Receivable Balance

The total amount of money due to a company for goods or services delivered or used but not yet paid for by customers.

Operating Activities

Activities that relate directly to the primary business operations of a company, such as selling goods and services.