Which of the following strategy tools suggests that an organization will do better in fast-growing markets in which it has a high market share rather than in slow-growing markets in which it has a low market share?
A. SWOT analysis
B. Porter's model for industry analysis
C. Porter's competitive strategies
D. The BCG matrix
E. Trend analysis
D. The BCG matrix
In general, the BCG matrix suggests that an organization will do better in fast-growing markets in which it has a high market share rather in slow-growing markets in which it has a low market share.
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The confidence factor for nonstatistical sampling is based on:
A. the number of items in the account. B. auditor judgment. C. variability in the population and the risk of misstatement in the account. D. the risk of misstatement in the account and the level of desired confidence.
Independent variables are variables or alternatives that are manipulated and whose effects are measured and compared
Indicate whether the statement is true or false
Which of the following is not used to calculate the break-even point?
a. Simultaneous equations approach. b. Income statement approach. c. Graphing approach. d. Formula approach.
How sensitive is the EOQ to variations in demand or costs?
What will be an ideal response?