In general, when interest rates are expected to rise, financial managers Multiple Choice balance the company's debt structure with more short-term debt and less long-term debt. try to lock in long-term financing at low cost. accept more risk. rely more on internal sources of funds rather than external sources.

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product

Best burger is a major fast food chain. its managers are motivated to grow the firm in order to increase their market power and change the industry structure in their favor. which of the following strategies is most associated with their motive for growth? a. employing celebrity spokespeople b. implementing automated burger-making machinery c. purchasing competitors d. increasing executive salaries

What business practice contributed most to andrew carnegie’s ability to form a monopoly?