The ________ of a firm is the amount of time required for a company to convert cash invested in its operations to cash received as a result of its operations

Chance events play a role in shaping the competitive environment. Chance events are occurrences which include all of the following except:

A) major technological breakthroughs. B) wars and their aftermath. C) oil crisis. D) currency fluctuations. E) annual business meeting.

Many U.S. jobs have been and continue to be shipped offshore to low-wage countries. Management in U.S. companies is much less inclined to agree to labor's demands for higher wages and better benefits than in the past

Which reason explaining the declining union movement is tied to those two statements? A) negative images of unions B) shift from manufacturing to a service economy C) movement of manufacturing jobs to nonunion states D) increased productivity in manufacturing jobs E) competition in the global economy