The direction of a constraint in a linear programming model can be:
a. Less than or equal
b. Greater than or equal
c. Equal
d. Any of the above
D
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Which of the following would typically be recorded as an intangible asset with a finite useful life?
A) ?Franchises B) ?Trademarks C) ?Brand name D) ?Goodwill
Generic competition for museum attendance would NOT include
a. an exhibit at another museum b. a football game c. thunderstorms d. failure to take risks and change the status quo e. symphony concerts
Firms resources, according to Barney (2006), will represent a competitive advantage if they contain four key attributes: Being valuable, being rare, are without good substitutes and ______
a. are perfectly imitable by other firms b. are imperfectly imitable by other firms c. are cost-effective d. are able to secure profit maximization
Once a party to a lawsuit "wins" the case, the "winning" party will have very little difficulty in collecting the amount of damages awarded by the jury
Indicate whether the statement is true or false