Explain annual reports as sources of competitor information with respect to consumer and business markets
What will be an ideal response?
Public companies must issue financial reports, such as annual reports and 10-K forms, to the Securities and
Exchange Commission (SEC) on a regular basis. As a result, it is easier to find financial data on public companies
than it is for private ones. Annual reports can aid competitive
analysis through their financial information, of course, and also with their introductory letters from the CEO, which
can offer insights into future directions for the company.
• Public companies: In the past, one had to be a company stockholder to obtain annual reports. Now, financial
reports are routinely available on the company's website, generally filed under "investor relations."
• Private companies: Private firms, which do not issue publicly traded stock, do not have the obligation to publicly
release the same kind of information as publicly held companies. As a result, gathering data for privately held
firms is often more difficult.
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What information does the net liquidity statement provide?
A. A long-term focus on liquidity. B. Sources and uses of liquidity. C. Net asset value. D. Liquidity index information. E. Peer group ratio comparison.
Which of the following statements is true about the Computer Software Copyright Act?
A) It came into effect in 1976, as a part of the original Copyright Act of 1976. B) It declared that only the language used to program computer software can be protected with a copyright. C) Courts have determined that the general framework of computer software can also be protected by copyright. D) It states that the act of evading anti-piracy technologies included in software, including DVDs and CDs, is a crime.