A business formula, information compilation, or device that provides an advantage over competitors that do not have it is known as a:
A)competitive advantage
B)strategic advantage.
C)trade secret.
D)restraint of trade.
C
Business
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What are the two core principles of TQM? Explain the assumptions underlying each.
What will be an ideal response?
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An advantage in brand or company reputation helps to support price and margins, even in business-to-business markets
Indicate whether the statement is true or false
Business
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The Dennis Company reported net income of $50,000 on sales of $300,000. The company has average total assets of $500,000 and average total liabilities of $100,000. What is the company's return on equity ratio?
A. 12.5% B. 50.0% C. 10.0% D. 16.7%
Business