Research has shown that a local brand often evokes higher __________________ because they tend to be seen as helping the local community.
a. Quality
b. Brand Image
c. Brand identity
d. Affinity
d. Affinity
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In the Theory of Constraints, the rate at which an organization generates money through sales is referred to as inventory
Indicate whether the statement is true or false
According to Michael Porter, which of the following is true of differentiation as a generic strategy?
A) It is an effective strategy for obtaining above-average financial returns because unique products often command premium price. B) It offers an opportunity for small, specialized companies to grow while retaining their narrow focus on highly differentiated products. C) It requires companies to construct the most efficient facilities in terms of scale or technology and obtain the largest share of market. D) It has become increasingly popular in recent years as a result of the popularization of the experience curve concept.
Treasury stock shares are
A) shares held by the U.S. Treasury Department B) part of the total outstanding shares but not part of the total issued shares of a corporation C) unissued shares that are held by the treasurer of the corporation D) issued shares that are held by the treasurer of the corporation
Answer the following statements true (T) or false (F)
1. As top level managers get older they are less likely to take risks and are not as concerned about short term gratification. 2. As the level of experience of the top level managers increase, the likelihood of the top level managers commit fraud also increases. 3. Under the cookie jar system, management will build up financial reserves in profitable years and release the financial reserves into the financial statements during unprofitable years. 4. Off-balance sheet financing creates separate legal entities from the parent company. 5. Earnings management is the purposeful intervention in the process of reporting income numbers with the objective of dampening the fluctuations of those numbers around their trend.