A Quick Ratio of More Than 1:1 Suggests That a Small

question 9

True/False

A quick ratio of more than 1:1 suggests that a small company is overly dependent on inventory and future sales to satisfy its short-term debt.

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Definitions:

The World is Flat

"The World is Flat" is a concept popularized by Thomas Friedman, suggesting that global technological advancements and interconnectedness have leveled the economic playing field across nations.

Traditional Value Chains

The sequential process of adding value to raw materials through various stages of production, leading to finished products ready for the consumer market.

Entrepreneurship Faculties

Academic or educational departments within institutions that specialize in teaching and researching entrepreneurship and related business practices.

Effective Entrepreneurs

Entrepreneurs who not only achieve their business goals but do so in a manner that is efficient, ethical, and sustainable.