1. The ‘Firm Administration and Books’ section of the Team setup is used to manage which of the following?

A. Setting up or transferring the Master Administrator for your firm

B. Setting overall access rights for all QuickBooks Online companies that the team member has access to

C. Setting access rights for each individual QuickBooks Online company that the team member has access to

D. Setting access rights for each team member's access to the ‘Your Books’ section and QuickBooks Online Accountant Firm administration

E. Setting overall access rights for the entire team's ability to access the ‘Your Books’ section, with the exception of Master Admin and Company administrators.

2. Emergent strategies are theories of how to gain competitive advantage in an industry that emerge over time or that have been radically reshaped once they are initially implemented.

A. True

B. False

3. Actions firms take to gain competitive advantages by operating in multiple markets or industries simultaneously are known as

A. corporate level strategies.

B. diversification strategies.

C. business level strategies.

D. strategic alliance strategies.

4. After viewing the web link article and video on the retail landscape and shopping malls, which of the following statements best summarizes current conditions.

A. Online shopping in addition to changes in buyer preferences have negatively impacted shopping malls and brick and mortar stores

B. Online shopping alone has caused the closing of some shopping malls

C. All brick and mortar shopping malls are in decay

D. none of the above

5. The collaborative consumption video demonstrates a paradigm shift in the environment. Which of the five external threats shown in Figure 2.3 of our text are exhibited by this movement. Select the answer which is most relevant.

A. Threat from buyer's influence

B. Threat of supplier leverage

C. Threat from buyer influence and supplier influence

D. none of the above