Maintaining a unique value proposition can be sustained in the long term only in monopoly situations or monopolistic competition situations.

Answer the following statement true (T) or false (F)


True

The value proposition communicates the customer benefits to be received from a product or service and thereby provides reasons for wanting to purchase it. It is likely not sustainable, because competitors would attempt to copy the important product or service attributes and therefore begin to encroach on the firm's value proposition.

Business

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Inventory turnover is a measure of liquidity that focuses on efficient use of inventory

Indicate whether the statement is true or false

Business

A socially responsible firm is expected to report a firm’s social performance through:

a. Audit b. Social impact analysis c. Social reporting d. All of the above

Business

After retirement starts, which aspect of financial planning becomes imperative?

A) Maintaining a regular pattern of saving B) Long-term borrowing commitments C) Estate planning D) Effects of inflation

Business

The tendency of investors to take greater risks after a large loss and fewer risks after a large gain can be attributed to

A) overconfidence. B) the "house money" effect. C) loss aversion. D) representativeness.

Business