A company's strategy is NOT concerned with management's choices about how to
A. grow the business.
B. compete successfully.
C. attract and please customers.
D. conduct operations and improve the company's financial and market performance.
E. stake out the same market position as successful rival companies.
Answer: E
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Which of the following concepts is important to accrual accounting?
a. Time period, because accrual accounting divides earnings into time periods b. Monetary unit, because inflation is a big factor in the environment c. Cash basis, because if cash is not received, revenue is not accrued d. Entity concept, because personal transactions must be separated from business transactions
A welding machine has a mean time between failures of 289 hours and mean time to repair of 10 hours. In this case, the availability is ______.
a. 96.7% b. 93.6% c. 87.3% d. 98.1%
Once a Markov process is in equilibrium, it stays in equilibrium
Indicate whether the statement is true or false
The implementation of change has two dimensions: timing and ________.
A. duration B. scope C. cost D. management