____ refers to avoiding competition in making a product distinct from that of competitors by adding value or features for which consumers are willing to pay more
a. Kaizen
b. Differentiation
c. Confrontation
d. Cost leadership
B
You might also like to view...
An auxiliary record of notes receivable that provides more detailed information of a single note than a ledger account is known as a notes receivable register
Indicate whether the statement is true or false
Which of the following statements is false regarding reporting on sustainability activities and outcomes?
a. Investor interest, socially responsible investment funds, and the Dow Jones Sustainability Index have increased demand for these sustainability disclosures. b. Specific sustainability disclosures that companies make vary little from company to company. c. Many corporate websites now include sustainability reports, and the placement on those websites is usually quite prominent. d. Regarding sustainability, companies determine what to report and how to report it by using various available guidelines, the most prominent of which is the Global Reporting Initiative (GRI) G3 Reporting Framework.
Both the employee and the employer must bear the tax burden for unemployment benefits
Indicate whether the statement is true or false
According to the most current FASB standards, intangible assets acquired in a basket purchase that does not represent the acquisition of an entire business should be
a. valued by allocating the total purchase price according to the relative fair values of all assets acquired, regardless of whether the assets are separately tradable or contract based. b. valued by allocating the total purchase price according to the relative fair values only of intangible assets that are separately tradable or contract based. c. valued by recording separately traded and contract based intangible assets at their individual fair values with any unallocated purchase price being recognized as goodwill. d. valued by recording separately traded and contract based intangible assets at their individual fair values with any unallocated purchase price being expensed in the year of acquisition.