Client 3 I am 35 years old and have been running three successful bookstores for five years. My
customers think I have the right mix of books to appeal to younger and older readers. My
"coffee-house nights” which feature local authors reading passages of their books to espresso-
drinking customers have been a big hit. I am thinking about expanding to eight stores. I have
identified the new locations. They seem just right. My two biggest problems are that I do not
have enough money to support this expansion and I am not sure I have the skill to manage all
eight locations.
What type of business organization do you recommend? Why?

%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position

Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline. b. the debt ratio increases. c. the profit margin declines. d. the times-interest-earned ratio declines. e. the current and quick ratios both increase.