A company that pursues ________ will react much more strongly to a competitor's cost reducing manufacturing breakthrough than to the same competitor's advertising increase
A) product differentiation
B) low-cost leadership
C) customer intimacy
D) a middle-of-the-roaders strategy
E) product leadership
B
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As of January 29, 2012, Home Depot had an outstanding fixed rate bond issue with a 5.875% coupon rate that was priced such that the before-tax yield to maturity was 4.67%
From this information we can conclude that the current price of the bond was less than the bond's face value. Indicate whether the statement is true or false
Under the TILA, a qualified mortgage (QM) A) limits up-front points and fees to 5 percent
B) limits all of a borrower's debt to 43 percent of his or her income. C) allows balloon payments only if the borrower agrees up front. D) must allow for interest only periods.
A cost accountant wished to establish the average amount, ?, spent by executives per day on travel and lodging. Then a comparison, between the average and the amount turned in to be reimbursed, will be made and unreasonably high or low expense amounts
audited. A random sample of 50 executive expense receipts is taken. The average in the sample was $208 . From a similar survey the standard deviation of the amounts is approximately ? = $29 . The accountant prepares a 90-percent confidence level for ?. How would the auditor use these data to determine if an audit should be conducted?
What is the goal of competitive positioning?
What will be an ideal response?