For a core competency to create value and provide a viable basis for synergy among the businesses in a corporation, it must at least create superior customer value and it must be difficult to imitate.

Answer the following statement true (T) or false (F)


True

For a core competence to create value and provide a viable basis for synergy among the businesses in a corporation, it must meet three criteria: it must enhance competitive advantage by creating superior customer value; different businesses in the corporation must be similar in at least one important way related to the core competence; and it must be difficult for competitors to imitate or find substitutes for it.

Business

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Nuisance suits allow an individual to sue a polluter to protect the community from environmental damage.

Answer the following statement true (T) or false (F)

Business

When the payroll is paid, withheld payroll taxes become a(n) ________ to the employer

a. liability b. asset c. revenue d. expense

Business

A high value for the times interest earned ratio means that a company is a lower risk borrower.

Answer the following statement true (T) or false (F)

Business

Property voluntarily placed by its owner and inadvertently forgotten is abandoned property.

Answer the following statement true (T) or false (F)

Business