A resource is valuable and rare but neither difficult to imitate nor without substitutes. This should enable the firm to attain
A. competitive parity.
B. a sustainable competitive advantage.
C. a temporary competitive advantage.
D. no competitive advantage.
Answer: C
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Which of the following statements is CORRECT?
A. A bond is likely to be called if its market price is below its par value. B. Even if a bond's YTC exceeds its YTM, an investor with an investment horizon longer than the bond's maturity would be worse off if the bond were called. C. A bond is likely to be called if its market price is equal to its par value. D. A bond is likely to be called if it sells at a discount below par. E. A bond is likely to be called if its coupon rate is below its YTM.
The direct write-off method
a. recognizes losses from uncollectible accounts in the period when a firm decides that specific customers' accounts are uncollectible. b. does not usually recognize the loss from uncollectible accounts in the period in which the sale occurs and the firm recognizes revenue. c. provides firms with an opportunity to manage earnings each period by deciding when particular customers' accounts become uncollectible. d. all of the above. e. none of the above.
The relationship between a parent object and its associated subtype objects is a(n) ________
A) HAS-A relationship B) WANTS-A relationship C) NEEDS-A relationship D) IS-A relationship
The development and use of new medical technology has increased healthcare spending. Should the medical industry place more emphasis on using older medical technologies and containing medical costs? Which approach to dealing with moral issues discussed, would you use to analyze this question? What decision did you come to as a result of your analysis?
What will be an ideal response?