You have placed an antique sofa up for auction and the auctioneer has not made any special announcements about the sale. You can withdraw the sofa at any time before the auctioneer closes the sale by announcement or by the fall of the hammer
a. True
b. False
Indicate whether the statement is true or false
True
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The purchasing supervisor is responsible for receiving incoming goods, signing the bill of lading presented by the carrier, reporting the receipt of goods, and making prompt transfer of goods to the appropriate warehouse or department
Indicate whether the statement is true or false
The innovation dilemma known as building capabilities versus collaborating refers to
A. developing innovation skills internally versus partnering with qualified outsiders. B. choosing which innovation ideas are most likely to "bear fruit." C. building credibility by launching products ahead of potential collaboration partners. D. building innovative products in-house versus outsourcing.
The Financial Accounting Standards Board (FASB) issues new Generally Accepted Accounting Principle (GAAP) rules and amends existing ones
Indicate whether the statement is true or false
The difference between a core competence and a distinctive competence is that a
A. distinctive competence refers to a company's strongest resource or competitive capability, whereas a core competence refers to a company's lowest-cost and most efficiently executed value-chain activity. B. core competence is a competitively and strategically relevant activity that a firm performs well compared to its other activities, whereas a distinctive competence is a competitively relevant activity a firm performs well compared to other rival firms. C. core competence usually resides in a company's base of intellectual capital, whereas a distinctive competence stems from the superiority of a company's physical and tangible assets. D. core competence usually resides in a company's technology and physical assets, whereas a distinctive competence usually resides in a company's know-how, expertise, and intellectual capital. E. core competence represents a resource strength, whereas a distinctive competence is achieved by having more resource strengths than rival companies.