With respect to competitive advantage, share followers with above-average profits ________
A) have lower relative product quality
B) have lower levels of capacity utilization
C) have lower levels of price, and unit margin
D) invest less aggressively in marketing as a percentage of sales, in comparison with competitors
E) invest more in research and development (R&D) as a percentage of sales
E
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On November 1, 2016, the Cranberry Construction Company declared a property dividend payable in the form of bonds held for long-term investment purposes. The bonds will be distributed to the common stockholders on December 15, 2016. The bonds to be distributed to the common stockholders originally cost Cranberry $210,000. Fair values of the bonds on various dates are as follows: ? December 31,
2015 $220,000 November 1, 2016 235,000 December 15, 2016 225,000 Which one of the following amounts should be used to record the appropriate credit to Property Dividends Payable? A) $210,000 B) $220,000 C) $235,000 D) $230,000
An unfavorable fixed overhead volume variance is most often caused by
a. actual fixed overhead incurred exceeding budgeted fixed overhead. b. an over-application of fixed overhead to production. c. an increase in the level of the finished inventory. d. normal capacity exceeding actual production levels.
Which of the following is not a reason to allocate overhead?
a. it will increase profitability. b. to motivate the production manager to do the best possible job of controlling overhead. c. to determine the full cost of the items. d. to compare alternative courses of action for management and control.
Marketing information that already exists is called secondary data.
Answer the following statement true (T) or false (F)