Companies that take the current industry structure and its evolution as givens and choose where to compete are known as
A) regulators.
B) compromisers.
C) shapers.
D) adapters.
E) incubators.
D) adapters.
Explanation: Companies can try different strategic postures in preparing to compete in an uncertain future. Adapters take the current industry structure and its future evolution as givens, conduct standard strategic analyses, and then choose where to compete. In contrast, shapers try to change the structure of industries, creating future competitive landscapes of their own design.
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Unsolicited application letters to prospective employers
A) require more research than solicited letters. B) allow a clear target to focus on. C) should repeat key pieces of information from the résumé. D) identify what the organization is doing wrong and how you can contribute to its success. E) need to be more gimmicky than solicited application letters.
The ________ clause is used to combine the output from multiple queries into a single result table
A) INTERSECT B) DIVIDE C) COLLATE D) UNION
When computing the incremental cash flows from leasing relative to purchasing, the:
A) cost of the asset is a negative cash flow. B) lost depreciation tax benefit is a negative cash flow. C) pretax lease payment is a positive cash flow. D) lease payments are ignored. E) tax benefit of the lease payment is a negative cash flow.
A company that uses a perpetual inventory system made the following cash purchases and sales: Jan, 1: Purchased 100 units at $10 per unit. Feb, 5: Purchased 60 units at $12 per unit. March, 16: Sold 40 units for $ 16 per unit. Prepare general journal entries to record the March 16 sale assuming a cash sale and the FIFO method is used.
a. March 16 Dr Cash 400 Cr Sale revenue 400 Dr COGS 640 Cr Inventories 640 b. March 16 Dr Cash 640 Cr Sale revenue 640 Dr COGS 400 Cr Inventories 400 c. March 16 Dr Sale revenue 640 Cr Cash 640 Dr COGS 400 Cr Inventories 400 d. March 16 Dr Sale revenue 640 Cr Cash 640 Dr Inventories 400 Cr COGS 400