Why is it so difficult for firms to find good investment ideas?

What will be an ideal response?

Answer: All firms are competing to maximize their value, so if an idea is obvious, many companies will pursue it at the same time. The Blackberry, for example, soon faced intense competition from any number of smart phones. Companies often find the best opportunities in areas where they have some protection from competition because they possess proprietary technology (Pfizer, Merck), strong brand loyalty (Coca Cola), or because the business is very expensive to enter (Toyota, Disney).

Business

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First normal form (1NF) states that all fields must contain __________ values only

Fill in the blanks with correct word

Business

Workers such as computer scientists, engineers, and software developers who typically require extensive and highly specialized training, are known as what?

A) Technical workers B) Knowledge workers C) Contingent workers D) Labor relation workers E) Union workers

Business