The following sentence contains parallel structure: The policy affected all vendors, suppliers, and those involved with consulting
Indicate whether the statement is true or false
False
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Based on the VRIO framework, which of the following start-up companies has the least potential to have a competitive advantage, to be profitable, and to grow?
A. a cat-sitting service, where you take care of people's cats when they are on vacation; you decide to advertise your services on Craigslist and the local newspaper B. a "companionship" service for elderly people who live alone because their children are busy working full-time jobs; working adults say such a service would be extremely valuable C. the only farm within a 100-mile radius that offers its customers organic beef and organic dairy products such as eggs and milk; no other local company offers these products D. a portrait-painting service by a talented artist who is known for his ability to make all men look handsome and all women look beautiful; very few other artists in the local area have this talent E. an enrichment program for children that hires talented people and sends each of them to a different school each day of the week; a web-based app helps the manager keep track of all the employees' schedules and locations
Madden Company applies the consistency convention. What does this mean?
a. Madden Co. uses the same names for all its expenses as its competitors. b. Madden Co. has selected certain accounting principles that can never be changed. c. Madden Co. applies the same accounting principles each accounting period. d. Madden Co. applies the same accounting principles as it competitors.
The major barriers to entry in Japan are the nontariff barriers of custom and tradition, practice, and preference
Indicate whether the statement is true or false
Which of the following is true about monetize strategy?
A) It is an offensive strategy that is used to enter new attractive markets. B) It is a defensive strategy used in less attractive markets. C) It is a defensive strategy for exiting a market by selling or closing down the business. D) It seeks to improve a business's competitive position in an attractive segment of the market. E) It is used to protect an attractive market position in which the business dominates with respect to competitive position.