Small-scale entrants are more likely to capture first-mover advantages associated with switching costs
Indicate whether the statement is true or false.
FALSE
The large-scale entrant is more likely than the small-scale entrant to be able to capture first-mover advantages associated with demand preemption, scale economies, and switching costs.
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During a screening interview, your best approach is to
A) ask as many questions as possible. B) keep your answers short, but offer key points that set you apart from other candidates. C) expand on your answers as much as possible so that the interviewer knows you are at ease. D) keep as low a profile as you can; this is not the time to try to differentiate yourself from other candidates. E) ask for feedback on how you compare to other candidates.
A petty cash fund was established with a $200 balance. It currently has cash of $35 and petty cash tickets as follows: Office expense $130 and Entertainment Expense $45. Which of the following would be included in the journal entry to replenish the Petty Cash fund?
A) debit to Cash Short & Over for $25 B) credit to Cash Short & Over for $10 C) credit to Cash Short & Over for $25 D) debit to Cash Short & Over for $10
Royer Corporation engaged in this transaction: Transferred cash to money market account. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows
a. Does not represent a cash flow b. Operating activities section c. Investing activities section d. Financing activities section
In the context of operations, the maximum amount of output an operation is capable of producing in a given time period is given by the ______.
A. firm’s managerial efficiency B. responsiveness of the firm’s suppliers C. firm’s capacity D. manufacturing lead time