8. the smartphone market has been dominated by apple, but recently the droid has been able to leverage google’s information services into market gains while blackberry, known for its secure business-oriented network, has attempted to become more attractive with a “friendlier” interface. at the same time, a number of less capable fringe firms are emerging. how do these features fit into an industrial organization (io) view of the market versus a resource-based view (rbv)?

Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment. b. use cash to repurchase some of the company's own stock. c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year. d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash. e. use cash to increase inventory holdings.