Strategic advantage occurs when an organization analyzes the ______ better and reacts to it quicker than its competitors do while using all of its internal resources efficiently, thus creating the sustainable competitive advantage.

A. environment
B. employees
C. management
D. vision


A. environment

Business

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The efforts-expended method of recognizing revenue over time is considered to be an output method

Indicate whether the statement is true or false

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Only movable goods come under the scope of Article 2 of the UCC

Indicate whether the statement is true or false

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An industrial producer is searching for a supplier for ball bearings. Its three most important supplier criteria are price, quality, and delivery reliability

The firm has decided that quality and delivery reliability should carry the same weight, and that each of them are twice as important as price. If the weights sum to 100%, what would a supplier with ratings of 40, 90, and 75 in the three respective categories score as a weighted total? A) 37 B) 370 C) 49 D) 205 E) 74

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You inherited an oil well that will pay you $39,000 per year for 25 years, with the first payment being made today. If you think a fair return on the well is 7.5%, how much should you ask for it if you decide to sell it?

A. $565,476.20 B. $359,848.49 C. $387,888.64 D. $467,335.71 E. $579,496.27

Business