A car parts company decides to discontinue the production of its lowest-selling products and instead focuses on its areas of expertise. The company innovated a new automobile product with unique value. This is an example of using its
A. market power.
B. management strategies.
C. management skills.
D. competitive advantage.
E. core competency.
Answer: E
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Jordan tends to follow the law, but he also makes certain that he follows the rules associated with his profession and his place of worship. Sometimes what Jordan believes to be the right thing to do is counter to the law. Jordan is likely in what stage of morality according to Kohlberg?
A. preconventional B. conventional C. postconventional D. postmodern
Which of the following ordinarily would be treated as a revenue expenditure rather than a capital expenditure?
a. Repair and maintenance on buildings b. The replacement of a major component of a building c. An addition to an existing building d. Rearrangement costs that are identifiable, material, and are expected to provide discernable future benefits
Which of the following statements characterizes defined benefit plans?
a. They are comparatively simple in construction and raise few accounting issues for employers. b. Retirement benefits depend on how well pension fund assets have been managed. c. Retirement benefits are based on the plan's benefit formula. d. All of these.
Cross-selling involves selling products that are directly related to products that you have sold to an established customer
Indicate whether the statement is true or false