To be sure your message is understood, use as much specific jargon as possible when communicating with people outside your organization
Indicate whether the statement is true or false
False
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Opportunities to differentiate a company's product offering
A. are most frequently attached to a company's manufacturing expertise and to its ability to achieve economies of scale in production. B. are most reliably found in the R&D portion of the value chain. C. are typically located in the sales and marketing portion of the value chain. D. usually are tied to product quality and customer service. E. can exist in activities all along an industry's value chain.
Whereas continuous process improvement focuses on small, incremental change, _______________________________ introduces a one-time, large improvement in business processes.
Fill in the blank(s) with the appropriate word(s).
Seth and Maricela enter into a contract for a sale of goods for a contract price of $1,200 and Maricela has made a down payment of $200. Seth delivers nonconforming goods to Maricela who rightfully rejects them. The best remedy available to Maricela is to:
A) cancel the contract and recover her $200 plus whatever other damages she can prove. B) reclaim the goods and cover. C) resell the goods and recover damages. D) stop delivery of the nonconforming goods and recover payments made.
The Pecking Order Hypothesis predicts which of the following?
A) Firms prefer internal financing first. B) If external financing is required, firms should first seek debt financing. C) If external financing is required, firms will choose to issue the safest or cheapest security first, starting with debt financing and using equity as a last resort. D) All of these