The most effective strategy that can be adopted by strategy managers is one that
A. competitors are unable to imitate.
B. cannot be described in detail.
C. can be purchased at a reasonable cost.
D. cannot be deconstructed.
E. is based on the principle of rigidity.
Answer: A
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Tony was in debt $20,000 when his wealthy friend Marco told him to come with him on a "once in a lifetime" vacation for a few months. Tony said "You only live once, let's do it"
So Tony quit his job and Marco and Tony travelled the world, staying in luxury hotels, eating in expensive restaurants and running up large gambling debts. Three months later Tony arrived home with an additional $150,000 in debt. If Tony files for personal bankruptcy most likely a court would A) discharge him from his full $170,000 debt B) discharge him from his earlier $20,000 debt only C) discharge him from his recent $150,000 debt only D) refuse to discharge him from any of his debt E) require Marco to pay for half of Tony's debt
Technical skills become less important as a manager moves into higher levels of management.
Answer the following statement true (T) or false (F)
In the context of marketing strategies,differentiate between consumer markets and business markets.
What will be an ideal response?
On October 12 of the prior year, a company determined that a customer's account receivable was uncollectible and that the account should be written off. Unexpectedly, on March 1 of the current year, the customer paid the account in full. Assuming the direct write-off method is used to account for bad debts, what effect will this recovery have on the company's net income and total assets?
A. No effect on net income; decrease in total assets. B. Decrease in net income; no effect on total assets. C. No effect on net income; no effect on total assets. D. Decrease in net income; decrease in total assets. E. Increase in net income; increase in total assets.