Rapida Inc. and Click Inc. are two companies that have been manufacturing typewriters for almost 30 years. Due to the reduced demand for typewriters today, both companies' average return on invested capital is approximately -5 percent. The current industry average is 2 percent. In this scenario, Rapida Inc. and Click Inc. most likely have
A. strategic alliance with each other.
B. economies of scope instead of economies of scale.
C. competitive parity with each other.
D. competitive advantage over other firms in their industry.
Answer: C
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Critical accounting discourages active social roles for accountants.
Flesch advocated leaving out the word "that" to make writing more readable
Indicate whether the statement is true or false
Which of the following factors, listed in a situation analysis for a major U.S. auto manufacturer, is the best example of a threat?
A. A New York law firm has filed a $10 million class action suit against the company on behalf of car owners whose gas tanks exploded. B. The company has lower manufacturing costs than its key competitors, allowing it to sell its cars at low prices. C. The factory that manufactures a new, popular car cannot build enough vehicles to meet the demand, while other factories have excess capacity. D. Due to outdated engine technology, the company's cars get lower gas mileage than those of major competitors. E. Recent consumer studies have indicated that Chinese consumers prefer American cars.
Which generation has a dominant value system that has “flexibility, choice, socially conscious, meaningful experiences at work?”
a. Traditionalists b. Baby Boomers c. Nexters d. Generation X-ers