A company's biggest vulnerability in employing a best-cost provider strategy is _______.
A. relying too heavily on outsourcing.
B. getting squeezed between the strategies of firms employing low-cost provider strategies and high-end differentiation strategies.
C. getting trapped in a price war with low-cost leaders.
D. being timid in cutting its prices far enough below high-end differentiators to win away many of their customers.
E. not having a sustainable distinctive competence in cost reduction.
B. getting squeezed between the strategies of firms employing low-cost provider strategies and high-end differentiation strategies.
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Both flexible budgeting and variable costing can be utilized to evaluate cost center performance
Indicate whether the statement is true or false
What is gamma change?
A. another term for “first-order” change B. a recalibration of an interval along some constant dimension of reality C. a difference that occurs among a relatively stable dimension of reality, typically measured comparatively, before and after the intervention D. A major change in the perspective or frame of reference within which phenomena are perceived and classified
The probability that a vulnerability will be known and used best describes
A) risk. B) security breach. C) exposure. D) access point.
Act of State Doctrine. W. S. Kirkpatrick & Co learned that the Republic of Nigeria was interested in contracting for the construction and equipping of a medical center in Nigeria. Kirk-patrick, with the aid of a Nigerian citizen, secured the contract as
a result of bribing Nigerian officials. Nigerian law prohibits both the payment and the receipt of bribes in connection with the awarding of government contracts, and the U.S. Foreign Corrupt Practices Act of 1977 expressly prohibits U.S. firms and their agents from bribing foreign officials to secure favorable contracts. Environmental Tectonics Corp, International (ETC), an unsuccessful bidder for the contract, learned of the bribery and sued Kirkpatrick in a federal district court for damages. The district court granted summary judgment for Kirkpatrick on the ground that resolution of the case in favor of ETC would require imputing to foreign officials an unlawful motivation (the obtaining of bribes) and accordingly might embarrass the Nigerian government or interfere with the conduct of U.S. foreign policy. Was the district court correct in assuming that the act of state doctrine barred ETC's action against Kirkpatrick? What should happen on appeal? Discuss fully.