Give examples of competitor objectives and discuss the importance of knowing a competitor's mix of objectives
What will be an ideal response?
Each competitor has a mix of objectives. The company wants to know the relative importance that a competitor places on current profitability, market share growth, cash flow, technological leadership, service leadership, and other goals. Knowing a competitor's mix of objectives reveals whether the competitor is satisfied with its current situation and how it might react to different competitive actions.
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Eureka Forbes, an Asian consumer appliances company, sells its vacuum cleaners through door-to door sales. This allows the company to obtain a high conversion ratio. Comment on the length of the channel in the case of Eureka Forbes' vacuum cleaners
What will be an ideal response?
A call provision gives bondholders the right to demand, or "call for," repayment of a bond. Typically, calls are exercised if interest rates rise, because when rates rise the bondholder can get the principal amount back and reinvest it elsewhere at higher rates.
Answer the following statement true (T) or false (F)
Based on the aging of its accounts receivable at December 31 . Quanto Company determined that the net realizable value of the receivables at that date is $760,000 . Additional information is as follows: Accounts Receivable at December 31 ................ $880,000 Allowance for Doubtful Accounts at January 1 ...... 128,000 (cr) Accounts written off as uncollectible during the year
............................................ 88,000 Quanto's doubtful accounts expense for the year ended December 31 is a. $80,000. b. $96,000. c. $120,000. d. $160,000.
Answer the following statements true (T) or false (F)
Several important committee reports gave rise to objectives and standards in place of the postulates and principles approach.