Understanding an organization's cost base is essential in determining the required _____ strategy which will be utilized in the marketing of a product and its corresponding impact on profit.

The "Internet of Things" refers to:

A) the increasing focus on shopping as the major user activity on the Internet. B) the microblogging trend, in which users exchange short text and pictures rather than longer and more in-depth content and text. C) the rise in mobile gaming. D) the trend away from platform-independent web applications to mobile-device specific apps. E) a vision of a pervasive web in which common objects are connected to and controlled over the Internet.

Financial flexibility is generally defined as

A) the ability of a company to adapt to unexpected needs and opportunities. B) the uncertainty or unpredictability of the future results of a company. C) a measure of overall company performance. D) a company's ability to maintain a given level of operations.