These Are Products of the Interaction of Various Forces,trends,and Events

question 98

Multiple Choice

These are products of the interaction of various forces,trends,and events that are outside the control of the small business.

• A)distinctive competencies
• B)key success factors
• C)opportunities and threats
• D)strengths and weaknesses

---

Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales activities within a certain scale.

Net Working Capital

A liquidity calculation that represents the difference between a business's current assets less its current liabilities, highlighting operational efficiency and short-term financial health.

Equivalent Annual Cost

A financial metric that calculates the annual cost of owning, operating, and maintaining an asset over its entire life, allowing for the comparison of different assets' costs.

Required Return

This is the minimum rate of return on an investment that investors expect or require to make it worthwhile.