Merton's Toothpaste has been the leader of dental care products for about 40 years. However, this company relied too long on its competency of reducing cavities without refining or upgrading other aspects of its product. As a result, other personal hygiene companies that began to offer toothpastes with natural whitening agents gained a competitive advantage over Merton's. This case is an example of
A. dynamic capabilities.
B. core rigidity.
C. value chain.
D. resource flow.
Answer: B
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Gains or losses from refunding are recognized
A) over the remaining life of the old issue. B) in the year of refunding. C) over the life of the new bond issue. D) as a prior period adjustment.
People who are open to experience tend to have all of the following characteristics, EXCEPT ______.
a. prefer the status quo b. curious and broad-minded c. tolerance for ambiguity d. willing to change
______ is a management science technique that uses a variety of statistical tests based on probability to improve the quality of decision making.
a. Quality assurance b. Statistical quality control c. Quality control d. Total quality management
Baxter Company reported a net loss of $13,000 for the year ended December 31, 2010. During the year, accounts receivable decreased $5,000, merchandise inventory increased $8,000, accounts payable increased by $10,000, and depreciation expense of $4,000 was recorded. During 2010, operating activities
A) provided net cash of $8,000. B) provided net cash of $2,000. C) used net cash of $8,000. D) used net cash of $2,000.