Which of the following is considered a strategic advantage of theĀ first-mover?

A. Technological literacy
B. Superior brand name
C. High market value
D. Guaranteed long-term success


Answer: B

Business

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Indicate whether the statement is true or false

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A ________ is the text indicating the author of an article or other published work

A) boilerplate B) caption C) byline D) headline E) subheading

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If the owner of the business wants to see both the debit and credit entry for a specific transaction, he would look in:

A. the journal B. the chart of accounts C. the source document D. the ledger

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Cost-based inventory valuation systems are most useful to retailers with _____

a. low pilferage/shrinkage b. rapidly rising inventory valuations c. low inventory turnover d. high markdown levels

Business