Value drivers contribute to a firm's competitive advantage only if
A. they can shrink the firm's value gap.
B. they can restrict the firm from claiming a premium price for its products.
C. the decrease in perceived value leads to an increase in costs.
D. the increase in value creation exceeds the increase in costs.
Answer: D
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If the balance shown on a company's bank statement is less than the correct cash balance, and neither the company nor the bank has made any errors, there must be
a. deposits credited by the bank but not yet recorded by the company. b. outstanding checks. c. bank charges not yet recorded by the company. d. deposits in transit.
Leno Corporation operates in three different industries each of which is appropriately regarded as a reportable segment. Segment B contributed 30% of Leno Corporation's total sales. Sales for Segment B were $350,000 and traceable costs were $200,000 . Total common costs for all segments were $500,000 . Leno allocates common costs based on the ratio of each segment's sales to total sales. What
should be the operating profit (loss) for Segment B? a. ($10,000) b. $10,000 c. -$0- d. $150,000
When talking from a sitting position, speakers should:
A. lean back in their chairs. B. toy with an object such as a paper clip. C. rest their arms and hands on their laps. D. rest their elbows on the desk in front of them.
Which of the following is true regarding uniform state regulation of securities?
a. Federal law has entirely preempted the area, and there is no state regulation of securities. b. Many states have adopted the Uniform Securities Act. c. Many states have adopted the Proposed Uniform Trading Act. d. There is no proposed uniform act in regard to securities, and state regulation is inconsistent.