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In Many Industries,traditional Intermediaries Are Dropping by the Wayside

question 117

Multiple Choice

In many industries,traditional intermediaries are dropping by the wayside.Which of the following represents an innovative new type of channel intermediary?


Definitions:

Minimum Required Rate

The lowest acceptable rate of return on an investment or project, often used in capital budgeting.

Return On Investment

A performance measure used to evaluate the efficiency or profitability of an investment in comparison to other investments.

Net Operating Income

A company's income after operating expenses are deducted, but before income taxes and interest are deducted.

Average Operating Assets

The average value of the assets used in the normal operating activities of a business over a specific period.

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