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Hi,i have question of Management Strategic, i want to find Answer of it.ASAP 1-_______ is best described as the difference between the value a consumer attaches to a good or service and what he or she paid for it. A-Consumer equity B-Consumer lifetime value C-Consumer surplus D-Consumer price index 2-Which of the following financial ratios typically indicates a company’s efficiency in extending credit, as well as collecting debts? A-inventory turnover B-return on revenue C-receivables turnover D-fixed asset turnover 3-Economic contribution is created when the A-revenue generated by selling a unit of a product is equal to the cost incurred by the firm in producing it. B-price a customer is willing to pay for a good or service is more than the cost the firm incurs to produce it. C-price a customer is willing to pay for a good is less than what it costs the firm to manufacture it. D-value a consumer attaches to a good or service is lesser than what he or she paid for it. 4-When using the balanced scorecard approach to assess a firm’s performance, which of the following is not a key question that managers need to answer? A-How do customers view us? B-How do we create value? C-What intangible assets do we need? D-How do shareholders view us? 5-If a company has 25 million shares outstanding, and each share is traded at $400, the ______ is $10 billion. A-total return to shareholders B-market capitalization C-customer lifetime value D-return on revenue 6-Chat Room is an instant messaging mobile application. Initially, users were not charged. However, after a period of six months, the users had to pay for a fee to use the upgraded version of the application with advanced features. Which of the following business models does this best illustrate? A-subscription-based B-freemium C-pay-as-you-go D-razor–razor-blade 7-The idea that all available information about a firm’s past, current state, and expected future performance is embedded in the market price of the firm’s stock is called the A-time compression economies. B-upper-echelons theory. C-price-demand function. D-efficient-market hypothesis. 8-Which of the following is a disadvantage of the balanced scorecard approach to measure firm performance? A-It fails to allow managers and executives to find a balance between financial and strategic goals. B-It only relies on an internal view of the firm, ignoring the external view. C-It fails to allow managers to align their different perspectives to create a more focused corporation overall. D-It provides only limited guidance about which performance metrics to choose. 9-In the financial year 2014, Apple’s return on revenue was 29.30 percent, and Microsoft’s return on revenue was 32 percent. This implies that A-Microsoft was more efficient than Apple in producing its goods. B-Apple’s inventory turnover was more than that of Microsoft’s. C-Microsoft was using its capital more efficiently to generate revenue than Apple. D-Microsoft’s return on revenue was higher than that of Apple. 10-Which of the following is not a disadvantage of the balanced scorecard approach? A-It is a tool merely for strategy implementation, not for strategy formulation. B-It fails to allow managers to prepare the company for future growth. C-It fails to provide much insight into how metrics that deviate from the set goals can be put back on track. D-It provides only limited guidance about which metrics to choose to measure competitive advantage.