Building layers of advantage, searching for loose bricks, changing the rules of competitive engagement, and collaborating are elements of the competitive advantage framework developed by:
A) W.E. Deming.
B) Hamel and Prahalad.
C) Porter.
D) Drucker.
E) D'Aveni.
B
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The difference between a department's gross profit and its direct operating expenses is known as the
a. departmental gross profit. b. departmental operating income. c. departmental operating expenses. d. departmental direct operating margin.
The aged accounts receivable report is utilized by the auditor to accomplish which of the following?
a. Encourage the client to collect on receivables that are long past due. b. Select the type of confirmations that will be sent to banks. c. Assess the adequacy of the allowance for doubtful accounts. d. Identify debits in the receivables balance that should be reclassified to payables.
Which of the following is used to assess overall performance at a corporate level?
A. Asset B. Square foot of selling space C. Inventory D. The number of full-time employees E. Comparable-store sales growth
Very few of the largest firms have their own marketing research departments but they usually have at least one person responsible for conducting marketing research
Indicate whether the statement is true or false