What is counteroffensive defense? Explain with an example
What will be an ideal response?
Student answers will vary. In a counteroffensive, the market leader can meet the attacker frontally and hit its flank, or launch a pincer movement so it will have to pull back to defend itself. After FedEx watched UPS successfully invade its airborne delivery system, it invested heavily in ground delivery through a series of acquisitions to challenge UPS on its home turf. Another common form of counteroffensive is the exercise of economic or political clout. The leader may try to crush a competitor by subsidizing lower prices for the vulnerable product with revenue from its more profitable products, or it may prematurely announce a product upgrade to prevent customers from buying the competitor's product. Or the leader may lobby legislators to take political action to inhibit the competition.
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Which of the following categories of investments are reported at their fair values on the balance sheet and have unrealized holding gains and losses included as a separate component of shareholders' equity?
A) held-to-maturity debt securities B) marketable securities C) available-for-sale securities D) trading securities
Ollie leased a building in Old Town. Ollie installed a washer and dryer unit and a new furnace in the basement of the building with new duct work throughout the building. Upon expiration of the lease, Ollie intends to remove the washer and dryer, but not the furnace. The washer and dryer can easily be removed without harming anything. Removal of the furnace, however, will damage the building. Are
the washer, dryer, and furnace fixtures? a. The washer, dryer, and furnace are all fixtures. b. The furnace is a fixture, but the washer and dryer are not. c. The washer and dryer are fixtures, but the furnace is not. d. The furnace and the washer are fixtures, but the dryer is not.
A contract is unconscionable if
a. both parties are in pari delicto. b. one party is in pari delicto and the other party is not. c. it favors one party over another. d. both parties to a contract are wealthy.
The management of International Cookwares believes that delivery performance measures must be improved if the company is to maintain its competitive edge. The following data are considered to be typical of the time to complete orders.•Process time: 4 days •Wait time to the start of production: 15 days •Move time: 3 days •Inspection time: 2 days •Queue time during the production process: 8 days What is the manufacturing cycle efficiency?
A. 23.5% B. 87.5% C. 12.5% D. 76.4%