Containers Etc. manufactures household containers. In contrast to traditional market designs, all of the products are microwaveable, child-proof and come in an assortment of 35 colors. Accordingly, Containers Etc. is pursuing a _____ strategy.
A. product-based
B. differentiation-based
C. concept-based
D. efficiency-based
Answer: B
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Which of the following pay plans encourages the improvement of the overall company's well-being?
a. monthly salary b. cafeteria plan c. profit sharing d. pensions
In the Miniscribe fraud described in the text, management created a computer program called "Cook Book" to generate fictitious inventory numbers
Indicate whether the statement is true or false
Morton owed Dowd $1,000 . The debt was due on May 1 . The debt would not be discharged if
a. on the due date, Dowd agreed to accept $500 and a watch valued at $150 in full settlement of the debt. b. Dowd insisted the debt was $1,000, but Morton claimed it was $500, and they compromised on $650 in full settlement. c. on April 15, Dowd agreed to accept $500 in full settlement. d. on July 1, Dowd orally agreed to accept $500 in full settlement of the $1,000 debt.
Which of the following is unlikely to be classified as a fixed cost with respect to the number of units produced and sold?
A. Production supplies. B. Property taxes on a headquarters building. C. Legal department salaries. D. Cost of leasing the company's mainframe computer.