A company is thinking about changing its organizational structure to gain a competitive edge on a consumer trend. This new consumer behavior is very profitable, and the company sees the revenue that can stem from it. However, there is research stating that the trend may not last forever and could be a "fad." Changing the structure to accommodate this new behavior may have which of the following consequences?
a. Simplifying the structure
b. Creating a functional structure
c. Limiting future strategies
d. Achieving environmental sustainability
c. Limiting future strategies
Business
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What is the benefit for a firm with daily sales of $30,000 to be able to speed up collections by three days, assuming an 8 percent annual opportunity cost of funds?
A) $7,200 annual benefit B) $7,200 daily benefit C) $30,000 annual benefit D) $90,000 annual benefit
Business
The foreign exchange market is organized as an over-the-counter market in which deposits denominated in foreign currencies are bought and sold
Indicate whether the statement is true or false
Business