Resources provide competitive advantage only under certain circumstances, including when they are

A. difficult to imitate.
B. sequential.
C. expensive.
D. archival.
E. equally available.


Answer: A

Business

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What is Theory X?

What will be an ideal response?

Business

Roberta feels that Sal has shown clear improvement over the past three months. When completing Sal's annual performance review, Roberta rates Sal based upon the improvement, rather than considering the entire twelve months of work. Roberta has committed a recency error.

Answer the following statement true (T) or false (F)

Business

Which of the following statements is true about a zero coupon bond?

A. A zero coupon bond is taxed as a capital gain at the time the bond matures. B. A zero coupon bond is issued at a substantial discount below its par value. C. A zero coupon bond is issued at a coupon rate that adjusts for inflation. D. The interest received every year on a zero coupon bond is taxed as interest income. E. The discount on the issue of a zero coupon bond is written off over its life in the investor's financial statement.

Business

Boxer Industries worked on four jobs during its first year of operation: nos. 401, 402, 403, and 404. A review of job no. 403's cost record revealed direct material charges of $40,000 and total manufacturing costs of $50,000. If Boxer applies overhead at 150% of direct labor cost, the overhead applied to job no. 403 must have been:

A. $6,000. B. $0. C. $5,000. D. $4,000. E. $3,333.

Business