Which of the following statements about pioneers, second-movers, and followers is FALSE?
A. Second-movers typically have a strong customer focus.
B. Second-movers that respond quickly build market share in the market growth stage.
C. A pioneer is the first to market with a new product idea.
D. On average, pioneers are usually more profitable than followers.
Answer: D
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In a fraud scheme known as ____, the perpetrator attempts to cover the theft of cash received from customer A by applying cash collected from customer B to A's account, then applying a receipt from C to B's account, and so forth
a. Kiting b. lapping c. schmoozing d. hacking
The functions of a master production schedule are to:
I. plan material components. II. plan capacity requirements. III. keep priorities valid. A) I, II and III B) II and III only C) I and III only D) I and II only E) None of the above is a function of the MPS.
Spear Company is considering a $5.4 million asset investment that has a four-year service life and a $400,000 salvage value. The investment is expected to produce annual savings in cash operating costs of $860,000 and will require a $250,000 overhaul in year 3, which is fully-deductible for tax purposes.Spear uses the net-present-value method to analyze investments. Asset investments are depreciated by the straight-line method, ignoring salvage values in related computations.Required:A. Ignoring income taxes, determine the (pre-discounted) cash-flow amounts that would be used in a net-present-value analysis for (1) the asset acquisition, (2) annual savings in cash operating costs, (3) annual straight-line depreciation, (4) the overhaul in year 3, and (5) disposal of the asset in year 4.
Note cash outflows in parentheses.B. Repeat requirement "A," assuming the company is subject to a 30% income tax rate. Assume the company depreciates the asset using the optional straight-line method. Additionally, it depreciates it over the asset's service life (not its MACRS life). What will be an ideal response?
Conduct is likely to be held to be negligent if:
a. it results in misappropriation b. it creates an unreasonable risk of harm to others c. it results in profits for a business at the expense of its employees d. it creates incentives for people to harm others' property e. none of the other choices