Convincing rivals not to enter a price war, protection from customer pressure to lower prices, and the ability to better withstand cost increases from suppliers characterize which type of competitive strategy?
A. cost leadership focus
B. differentiation
C. differentiation focus
D. overall cost leadership
Answer: D
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Which of the following is an approach to message reinforcement that maintains awareness, reduces copy wear-out, and is cost-efficient?
A) benchmarking B) bundling C) pulsing D) cobranding E) brand encoding
Torilyn bought a $45,000 delivery van on account. This transaction would
a. increase an asset and decrease an asset; b. decrease an asset and decrease owner's equity; c. decrease a liability and increase owner's equity; d. increase a liability and increase an asset; e. increase an expense and decrease owner's equity.
Brendan Company sold merchandise worth $1,600 on credit, terms n/15. The merchandise sold had cost $1,100. What is the required journal entry to record the transaction under the perpetual inventory system?
A) Accounts Receivable 1,600 Sales 1,600Cost of Goods Sold 1,100Merchandise Inventory 1,100 B) Sales 1,600 Accounts Receivable 1,600Merchandise Inventory 1,100Cost of Goods Sold 1,100 C) Accounts Receivable 1,600 Merchandise Inventory 1,600Cost of Goods Sold 1,100Merchandise Inventory 1,100 D) Merchandise Inventory 1,600 Sales 1,600Cost of Goods Sold 1,100Merchandise Inventory 1,100
A company in a country with an emissions trading system (ETS) will hit its government-mandated emissions limit before the allotted year is finished. What ethical action is open to it?
a. Try to purchase extra emissions allotment from a low-carbon company. b. Try to hide its extra emissions from investigators. c. Shut down to avoid paying the government fines. d. Lobby the government to change its cap-and-trade system.