Porter identified three generic strategies that a business could follow after identifying a market it wanted to enter. Which of the following is not included as one of Porter's three generic strategies?
A. Focused strategy
B. Supplier cost differentiation
C. Broad differentiation
D. Broad cost leadership
Answer: B
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What is the correct formula for B4?
a) =B1+B2+B3
b) =B1+B2-B3
c) =B1-B2+B3
d) =B1-B2-B3
e) =B1*B2/B3
Melissa’s boss told her to change the numbers on a balance sheet to make things look better for an upcoming board meeting. Melissa does not want to do it, but she really needs the job. She decides to go ahead and make the change. It appears Melissa’s justification for her unethical behavior is ______.
A. disregard or distortion of consequences B. I did it for the good of others or the company C. I was only following orders D. I’m not as bad as the others
The Incoterm for the situation where the product is delivered at the specified destination, the seller pays for carriage to the named place and assumes all risk until goods are unloaded, is
A. CIF. B. CIP. C. FAS. D. DAP. E. DAT.
Which statement is false regarding the Balance Sheet for Governmental Fund Financial Statements?
A. The Balance Sheet for Governmental Fund Financial Statements measures only long-term financial resources of the governmental entity. B. The Balance Sheet for Governmental Fund Financial Statements measures only current financial resources of the governmental entity. C. Capital Assets are not reported on the Balance Sheet for Governmental Fund Financial Statements. D. Long-term debts are not reported on the Balance Sheet for Governmental Fund Financial Statements. E. The Balance Sheet for Governmental Fund Financial Statements uses the modified accrual method for timing purposes.