Answer:
False
Explanation:
Arbitrage refers to buying and selling stocks, commodities, bonds, currencies, or any other type of security. This process is carried out simultaneously, and a profit is made when the purchase price is lower than the selling price. E.g. a trader that purchases gold from a European seller and immediately sells it to an Asian buyer at a slightly higher price.
As technology advances, arbitrage has become more difficult to carry out because information is available to everyone. Before, a company could purchase a good (e.g. beef) in Texas and sell it at a higher price to a buyer in New York.
Answer:
The entity is in its growth stage of its life cycle.
Explanation:
There are typically four stages in the life cycle of a business, the following list is arranged from when the company is new to when it starts falling:
1. Introduction Stage
2. Growth Stage
3. Maturity Stage
4. Decline Stage.
Answer:
✓ Social responsibility, fair pricing, truth in advertising
Explanation:
