A few years ago, when Internet sales took off, the major automobile manufacturers had to decide whether they would sell directly or through their dealership network. In this situation a change in the industry's __________________ environment created a potential change in sales strategy.
A. Technological
B. Social and cultural
C. Political and legal
D. Ethical
E. Natural
Answer: A. Technological
Business
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A) black marketing B) market skimming C) gray marketing D) price discrimination E) price fixing
Business
A firm can accept a project with a net present value of zero because ________
A) the project would maintain the wealth of the firm's owners B) the project would enhance the wealth of the firm's owners C) the project would maintain the earnings of the firm D) the project would enhance the earnings of the firm
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