Should internal cash flows prove insufficient to fund the planned strategic initiatives, then management must raise additional
Question:
Should internal cash flows prove insufficient to fund the planned strategic initiatives, then management must raise additional funds through borrowing or selling additional shares of stock to investors. A company's ability to marshal the resources needed to support new strategic initiatives has a major impact on the strategy execution process.
Answer the following question:
eBay, an online auction business, streamlines its retail business by listing PayPal, a digital payments company, as a separately traded company. eBay's move is likely to
Question options:
a
promote the entry of rival companies into the digital payments industry.
b
increase the cost of handling transactions online.
c
curtail the cost of handling transactions online
d
enhance eBay's strategy execution capabilities
e
increase the demand for online auctions
Entrepreneurial Finance
ISBN: 978-1305968356
6th edition
Authors: J. Chris Leach, Ronald W. Melicher