Good strategy execution requires which of the following?
A. strengthening the competitive environment arena outside the company's operating territory
B. a universal business model to raise profits and lower costs
C. a planned budget to protect the company's financial condition and eliminate wasteful use of cash
D. passive pressures stemming from the dominance of outside market buyers
E. putting those resources and capabilities into place, strengthening them as needed, and then modifying them as market conditions evolve
Answer: E
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The justification for the accrual basis of accounting lies in the needs of financial statement users for periodic information on the financial position and the profitability of the entity
a. True b. False Indicate whether the statement is true or false
The strategic market plan of "investing to improve position" is an offensive strategic market plan to invest marketing resources to grow the market
Indicate whether the statement is true or false
Activity rates from Hilliard Corporation's activity-based costing system are listed below. The company uses the activity rates to assign overhead costs to products:Activity Cost PoolsActivity RateProcessing customer orders$92.86per customer orderAssembling products$1.78per assembly hourSetting up batches$52.09per batchLast year, Product XL91 involved 2 customer orders, 434 assembly hours, and 20 batches. How much overhead cost would be assigned to Product XL91 using the activity-based costing system?
A. $2,000.04 B. $1,041.80 C. $146.73 D. $772.52 E. $66,908.88
One type of mutual fund does not endeavor to achieve the goals of a balance of bonds and stock or growth, income, and stability
Instead, it focuses on personal characteristics, such as age and risk tolerance, and your position in the financial life cycle. This is the A) index fund. B) sector fund. C) growth and income fund. D) balanced fund. E) life cycle fund.