Quiz #3

       Current ratio        Inventory-to-net-working-capital ratio        Debt-to-equity ratio        Gross profit margin        Average collection period

       Will the price of a critical raw material increase?        Should the company expand internationally?        Will key legislation affecting the industry be enacted soon?        Should the company reduce its costs?        Should the company acquire a smaller competitor?

       Shareholder value        Selling price of product        Revenue growth        ROI        Degree of risk

       Corporate culture        Competitive strength        Weaknesses        Competitive trends        Core competence

       True        False

       True        False

       True        False

       They must not include different strategies        They must be feasible        They must invest in other industries        They must diversify through acquisition        None of the above

       Proven management        Corporate culture that supports the strategy        Strong brand reputation        Too narrow a product line        Low-cost leader

       True        False