A firm has a competitive advantage when it is able to outperform the competition, providing customers with a desired benefit not provided by the competition
Indicate whether the statement is true or false
TRUE
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Jawon is a training and development manager who has been asked by a professor to speak to her class about careers in training. However, since he is currently conducting an important staff development program, his schedule is very busy, and he must refuse the request. What would be the BEST way to end his message?
a. Again, I am very flattered by your request. b. I apologize that I am so busy right now. Maybe next semester I can speak to your class. c. I'll call you if I have some time in the next month. d. My training assistant, David, has extensive experience and would enjoy speaking to your class. Please feel free to call him at 469-8000.
99-Center Inc. is a retail store where all its merchandise ispriced at 99 cents. This retailer uses a _____
a. single-price tactic b. flexible pricing tactic c. price lining tactic d. price bundlingtactic
The ________ is a federal statute enacted in 1890 that forbids combinations and conspiracies in restraint of interstate and international trade
A. Clayton Act B. Sherman Antitrust Act C. the Federal Trade Commission Act D. Robinson-Patman Act
The Poole Company reported the following income for Year 2: Sales$39,500? Cost of goods sold 9900? Gross margin$29,600? Selling and administrative expense 11,900? Operating income$17,700? Interest expense 5900? Income before taxes$ 11,800 Income tax expense 3540? Net income$ 8260 What is the company's net margin?
A. 20.91% B. 29.87% C. 44.81% D. 74.94%