Exam 7: Analyzing the Business

The industry life cycle model analyzes the effects of an industry's evolution on competitive forces.

Which of the following shows the money flowing into and out of a company through its operating,investing,and financing activities?

Employees often work with managers to develop which of the following that outlines the fundamental purposes of their organization?

Which of the following forecasts the sales,expenses,and net income for the company in some future time period?

Describe the purpose of an income statement.

Mark has just graduated from college.He is looking for a full-time job.He doesn't want to jump from company to company every year or two.He wants to have a long career preferably at one company.What is one of the questions he needs to ask himself before accepting an offer of employment?

What is the ultimate indicator that a company has met and exceeded customer needs?

SWOT is the acronym for which of the following?

The five stages of industry evolution are evolution,growth,shakeout,mature,and declining industry environment.

Which of the following are affected by the decisions a business makes and therefore the business has a responsibility to consider them in those decisions?

Which of the following compare(s)select items in financial statements by computing percentages,rates,and proportions?

Which of the following is the income statement equation?

One way to measure if a business is meeting its customers' needs is through "third-level communications."

Yvon Chouinard,Patagonia founder,believes in making the best products to inspire and implement solutions to the environmental crisis.He hires employees who appreciate the outdoors and share his vision.This is an example of building a business with employees who are motivated to support the company's mission.

In conducting a stakeholder analysis the two dimensions a company should assess of each stakeholder are which of the following?

Stakeholders are affected by the decisions that the business makes,and therefore the business has a responsibility to consider them in those decisions.

Which of the following is used to predict when a company will likely experience temporary shortages or surpluses of cash?

One of the critical success factors for any business is how environmentally friendly they are as a company.

A profitable company can still go bankrupt.

The development of pro forma income statements and balance sheets is an important step in the financial planning function performed by financial managers.