Four companies dominate the cereal industry. These firms produce in large volumes, promote heavily, and control access to the supermarket shelves through "slotting allowances," which are payments to retailers in return for shelf space. These combined factors have allowed these four firms to create ________ over the competition.
A. locational excellence
B. a sustainable competitive advantage
C. product excellence
D. customer excellence
E. identical marketing mixes
Answer: B
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A fraudulent transfer occurs when a debtor makes payment on a prebankruptcy debt up to a year before filing for bankruptcy.
Answer the following statement true (T) or false (F)
Individuals often participate in fraud because they believe that by not participating in the fraud scheme, they may lose their job. Which type of power is at play here?
a. Expert power b. Legitimate power c. Coercive power d. Reward power
The gain or loss from retirement of debt is reported under cash flows from operating activities on the statement of cash flows using the direct method.
Answer the following statement true (T) or false (F)
A smooth and rapid flow of materials and work can be achieved by ______.
A. eliminating disruptions B. maintaining a highly structured and rigid system C. eliminating the carbon footprint D. beating employees till morale improves