The final step in the decision-making process is to ________.
A. determine the criteria for the next decision
B. analyze the process of allocating weights to the decision criteria
C. evaluate the outcome of the decision
D. implement the chosen alternative
Answer: C
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Disruptive innovation differs from discontinuous innovation in that disruptive innovation ________
A) refers to a major shift from an old technology B) usually offers new customer benefits C) refers to change along the technology innovation curve D) refers to the development of technology and improved products for a given product market E) allows for the development of products that are more expensive
A product's purchase cost plus the discounted cost of maintenance and repair less the discounted salvage value gives the ________ cost
A) service warranty B) out-of-pocket C) life-cycle D) facilitating services E) value-augmentation
A cash dividend that is declared during an accounting period, to be paid in the next accounting period, may be presented in the statement of cash flows in which of the following ways?
a. A use of cash from operating activities b. A noncash transaction presented in a separate schedule c. A use of cash from financing activities d. A use of cash from investing activities
Due to its large sales volume and low cost structure, Quick Serve Mini-Marts enjoys a cost leadership position. Which of the following scenarios might threaten Quick Serve's competitive advantage?
A. Existing competitors in the mini-mart industry lower their prices to match those of Quick Serve. B. Industry suppliers raise their prices. C. A new competitor is perceived to provide similar value, but in addition offers innovative self-checkout. D. Competitors engage in an all-out price war.