Which of the following sources of differential appeal is least effective in helping a firm sustain its advantage?

A. reputation for innovation
B. observable product features
C. superior customer experience
D. reputation for quality


Answer: B

Business

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Unrecorded revenues that have been earned but for which cash has not yet been received are ________

a. accrued revenues b. prepaid expenses c. accrued expenses d. unearned revenues

Business

Allison is declining a request for a monetary contribution from a charitable organization to which her employer, BMI Industries, usually donates. Which of the following most effectively implies the refusal?

A) BMI Industries regrets that it cannot contribute this year, but the company hopes to be able to next year. B) Although our profits are being reinvested in BMI Industries this year, we hope to be able to contribute next year. C) Although we cannot contribute this year, we may be able to next year. D) Unfortunately, we are prevented from contributing this year, but we may be able to in the future.

Business

Grand Lighting Co has filed a petition for voluntary bankruptcy under Chapter 7 of the Code. The following property will be exempt from the bankruptcy process:

a. work tools. b. up to three company cars. c. up to $20,200 in the value of the company's real property. d. All of the above. e. None of the above.

Business

Describe exchange rate risk in direct foreign investment

What will be an ideal response?

Business