The Key to Entrepreneurial Success Over Time Is to Build

question 86

Multiple Choice

The key to entrepreneurial success over time is to build a ________ competitive advantage.

• A)defensible
• B)sustainable
• C)coherent
• D)random

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Definitions:

Accounts Receivable Ratio Formula

A financial metric used to evaluate how efficiently a company is managing its receivables and how quickly it turns them into cash.

Average Monthly Gross Production

The total production or output of a company or industry, averaged over a month, before deductions for costs or expenses.

Income Statement

A statement that demonstrates the profit and expenses for a given month and also includes year-to-date information for a given year.

Year-To-Date Information

Data gathered or accumulated from the beginning of the current calendar or fiscal year up to the present date.