In the terminology of the strategic intent framework for competitive advantage, a firm that establishes advantages in a number of different areas has:
A) attribute diversity.
B) marketing breadth.
C) comparative advantage.
D) layers of advantage.
E) a "double diamond."
D
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All of the following are considered to be long-term liabilities for Parsons Company except:
a. Bonds issued this year (due in 10 years). b. The third year payments for a three-year lease signed this year. c. The current year portion of Deferred taxes. d. The principal of a note payable signed this year, but due in five years.
Communication between an auditor and an audit client is deemed to be privileged communication in most states
a. True b. False Indicate whether the statement is true or false
Bravada Enterprises Transactions for Bravada Enterprises are provided below. Sept. 1 Bills are sent to clients for services provided in August for the amount of $2,200. Sept. 9 Barlue Furnishings delivers $1,500 of office furniture and $500 of office supplies to Bravada, leaving an invoice for $2,000. Sept. 15 Payment is made to Barlue for the office furniture and supplies delivered on September
9. Sept. 23 A $630 bill for advertising for the month of September is received. It will be paid on its due date in October. Sept. 30 Salaries of $450 are paid to employees. Refer to the transactions that occurred at Bravada Enterprises. The journal entry to record the September 9th transaction will include a credit of $2,000 to: A) Furniture & Supplies. B) Cash. C) Accounts payable. D) Delivery expense.
A well-designed reward system
A. strives for a 50-50 balance between positive and negative rewards and a 50-50 balance between monetary and nonmonetary rewards. B. emphasizes weeding out employees who are average performers. C. puts the primary emphasis on denying rewards to those who fail to perform tasks in the prescribed fashion. D. should be free of elements that induce stress, anxiety, tension, pressure to perform, and job insecurity. E. ties rewards to performance outcomes directly linked to good strategy execution and the achievement of financial and strategic objectives.