Product differentiation is one of the four basic competitive strategies
Indicate whether the statement is true or false
TRUE
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Which of the following accurately describes a difference between job order and process costing systems?
A) In job order costing systems, overhead costs are treated as product costs, whereas in process costing systems, overhead costs are treated as period costs. B) Job order costing systems do not assign costs to production, whereas process costing systems do. C) In job order costing systems, costs are traced to a specific job order, whereas in process costing systems, costs are traced to work cells and then assigned to products manufactured. D) In a job order costing system, selling costs are treated as period costs, whereas they are treated as product costs in a process costing system.
Paula Company measures its investments in available-for-sale marketable securities
a. at cost on the balance sheet and recognizes income only when it receives a dividend (revenue) or sells some of the securities at a gain or loss. b. at fair value on the income statement and recognizes income when it receives a dividend (revenue) . c. at cost on the balance sheet and recognizes income only when it receives a dividend (revenue). d. at fair value on the balance sheet and recognizes income only when it receives a dividend (revenue) or sells some of the securities at a gain or loss. e. at cost on the balance sheet and recognizes income only when it sells some of the securities at a gain or loss.
Anne's Pita Bread Chips offers free POP (point-of-purchase) displays to retailers ordering its product. Anne's is using a ________ strategy.
A. posttesting B. puffery C. publicity D. push E. pull
On January 1, Year 1, Carlyle Corporation issued a 5-year term note. The note requires an annual cash payment on December 31 of each year. The payment includes a principal repayment and interest. Indicate whether each of the following statements is true or false.________ a) The entry to record issuance of the note will increase assets and liabilities.________ b) The first payment on the note will reduce liabilities and assets, but will not affect equity.________ c) The second payment on the note will include higher interest expense than did the first payment.________ d) Each payment on the note includes a cash flow from operating activities and a cash flow from financing activities.________ e) The amount of the principal repayment will increase with each succeeding payment.
What will be an ideal response?