Information collection, retrieval, and storage can be used to create competitive advantages in ways such as

Information collection, retrieval, and storage can be used to create competitive advantages in ways such as 

A) cross-selling to customers.
B) monitoring suppliers.
C) keeping managers and employees informed.
D) coordinating activities among divisions.
E) all of the above


Answer: E) all of the above

The attitude of U.S. firms toward research and development is best described by which of the following?

The attitude of U.S. firms toward research and development is best described by which of the following? 

A) The veil of secrecy is being lifted, resulting in more collaboration.
B) Firms are more cutthroat than ever and less cooperative with each other.
C) Firms are less interested in working with universities.
D) Firms are spending less in total research and development expenditures.
E) Firms are less involved with research consortia than ever.


Answer: A) The veil of secrecy is being lifted, resulting in more collaboration.

Which of the following is NOT a major approach to R&D?

Which of the following is NOT a major approach to R&D? 

A) To be a pioneer
B) To be an innovative imitator
C) To be a low-cost producer by mass-producing products similar to but less expensive than products recently introduced
D) To be a liquidator
E) All of the above are major approaches to R&D.


Answer: D) To be a liquidator

R&D employees and managers perform all of the following tasks EXCEPT

R&D employees and managers perform all of the following tasks EXCEPT 

A) transferring complex technology
B) altering products to particular tastes and specifications
C) researching resource availability
D) adapting processes to local markets
E) adjusting process to local raw materials


Answer: C) researching resource availability

What is a drawback of using only equity to raise capital?

What is a drawback of using only equity to raise capital? 

A) The cost
B) Fluctuations in the stock market
C) Dilution of the control of the company
D) That it will cause EPS to roller coaster
E) That it doesn't raise as much capital as debt financing


Answer: C) Dilution of the control of the company

What becomes a more attractive financing technique when cost of capital is high?

What becomes a more attractive financing technique when cost of capital is high? 

A) Stock issuance
B) Debt
C) Cost cutting
D) Borrowing
E) Staying privately owned


Answer: A) Stock issuance