It is necessary for a core competence to be difficult to imitate and to be non-substitutable.
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.
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Which act regulates the leasing relationship in which the consumer has possession of a motor vehicle in exchange for monthly payments?
A. Truth in Lending Act. B. Equal Credit Opportunity Act. C. Consumer Lending Act. D. Magnuson-Moss Act.
The equation that says money times velocity equals total spending is known as
A. the national income identity. B. purchasing-power parity. C. a covenant. D. the equation of exchange.
Basilia Corporation purchased a machine for $180,000 on January 1 . 2013 . Basilia will depreciate the machine using the straight-line method using a five-year period with no residual value. As a result of an error in its purchasing records, Basilia did not recognize any depreciation for the machine in its 2013 financial statements. Basilia discovered the problem during the preparation of its
2014 financial statements. What amount should Basilia record for depreciation expense on this machine for 2014? a. $0 b. $36,000 c. $44,000 d. $72,000
Discuss differences in approach and potential usage between target and kaizen costing