Approving a price reduction because goods are damaged is an example of __________________________
Fill in the blank(s) with correct word
specific authorization
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When competitive advantage is cost- or price-based, it is necessary to know the ________ to be sure that you can compete on this basis by matching price cuts
A) cost of raw materials B) economic conditions C) inflation rates D) competitor's costs
Star Tax Services opens many offices around the country to accommodate the tax season. The company has the ability to piece together new offices, expand existing offices, or alter the design for a unique space in a matter of hours. Which of the following design considerations related to controlling costs can be seen in this example?
A. Atmospherics B. Inventory shrinkage C. Flexibility D. Vertical merchandising E. Utilitarian benefits
A budget is
a. a planning tool. b. a control tool. c. a means of communicating goals to the firm's divisions. d. all of the above.
?Assuming other things are held constant, which of the following is true of bonds?
A. ?A bond's sensitivity to the change in price from a change in the interest rate increases as its maturity increases. B. ?For a given bond of any maturity, a given percentage point increase in the interest rate causes a larger dollar capital loss than the capital gain stemming from an identical decrease in the interest rate. C. ?For any given maturity, a given percentage point decrease in the interest rate causes a smaller dollar capital loss than the capital gain stemming from an identical decrease in the interest rate. D. ?In the year of purchase of bonds, an investor gets a deduction for the difference in the market value of bonds purchased at a premium and the face value of the bonds. E. ?A 20-year bond has more interest rate reinvestment risk than a 2-year bond.