Coke and bottled water brands continue to run sales promotions and compete strongly on price. Clearly, the best solution would be for neither to promote which would jointly maximize their profits

However, both are worried that if they stop promoting while the other does not, they will suffer. As a result, the equilibrium is heavy promotion by both and lower total profits. With reference to the game theory, this is an example of:
A) generic equilibrium.
B) prisoner's dilemma game.
C) leader—follower game.
D) best strategy game.


B

Business

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Identify the item below that would cause the trial balance to not balance.

A. A $1240 collection of an account receivable was erroneously posted as a debit to Accounts Receivable and a credit to Cash. B. The cash payment of a $990 account payable was posted as a debit to Accounts Payable and a debit to Cash for $990. C. The purchase of office supplies on account for $3255 was erroneously recorded in the journal as $2355 debit to Office Supplies and $2355 credit to Accounts Payable. D. A $170 cash receipt for the performance of a service was not recorded at all. E. The purchase of office equipment for $1800 was posted as a debit to Office Supplies and a credit to Cash for $1800.

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The DuPont analysis calculates ROE as the product of

A) leverage, market value, and turnover. B) margin, turnover, and leverage. C) profitability, liquidity, and leverage. D) activity, leverage, and debt. E) margin, profitability, and leverage.

Business

An employee's religious beliefs regarding homosexuality are not protected under Title VII

Indicate whether the statement is true or false

Business