A product/service differentiation competitive advantage refers to defining a business in terms of goods and services rather than in terms of the benefits customers seek
Indicate whether the statement is true or false
a. True
b. False
ANSWER: False
A product/service differentiation competitive advantage exists when a firm provides something that is unique and valuable to buyers beyond simply offering a lower price than that of the competition.
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________ are an attractive way of illustrating trends and changes over time
A) Line charts B) Pictographs C) Bar charts D) Histograms
Disclosure of segment information is useless in the analysis of diversified companies
Indicate whether the statement is true or false
Accounts
A) do not reflect money amounts B) are not used by entities that manufacture products C) are records of increases and decreases in individual financial statement items D) are only used by large entities with many transactions
Recruiting ________ in foreign countries is more difficult than at home.
Fill in the blank(s) with the appropriate word(s).