Typically, penetration strategies which involve entering the market with low price are employed by technology-based products
Indicate whether the statement is true or false
FALSE
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Lower of cost or market:
A. Is only applicable to companies using FIFO. B. Is only applicable to companies using LIFO. C. Is applied to each individual item, major categories of items, or the whole inventory. D. Reports all inventory items at full cost. E. Records only an increase in inventory value.
Journalist's questions are Who, What, Where, When, Why, and How
Indicate whether this statement is true or false.
Speed and efficiency are the primary drivers behind benchmarking
Indicate whether the statement is true or false
Leticia is twenty-two years old and she has all of her savings in a Certificate of Deposit (CD) at the bank that currently pays an annual 1.5 percent yield. The account is protected by the FDIC so it is virtually risk free
She hopes to use her savings for a down payment on a new house in ten years. Inflation in house prices in her area has averaged 4 percent per year. What financial principle does she need to pay better attention to? A) Nothing happens without a plan. B) Waste not, want not, smart spending matters. C) Risk and return go hand in hand. D) All of the above are correct.