A firm plans to use a defensive core strategy of protect position, with the strategic objective of maintaining profits. Which of the following strategies is the firm most likely to implement as a part of its core strategy?
A) build customer retention
B) enter new related markets
C) harvest for cash flow
D) divest for cash flow
E) develop new markets
A
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A departure from the cost basis of accounting may be necessary when the _________________________ of the inventory is less than its cost to the company
Fill in the blank(s) with correct word
A sales associate who is confronted by a customer whose newly purchased smartphone does not function should
A. offer the customer a discount on the next item he or she purchases. B. refer the customer to several different store employees to get the issue resolved. C. allow the customer to air the complaint without any interruption. D. have an antagonistic attitude toward the customer. E. always assume he or she knows what the customer is complaining about.
The buyer or lessee can recover any damages incurred on the disposition of the goods
Indicate whether the statement is true or false
Each asset and liability ____ listed on the balance sheet
A) is B) are C) were