Corporation ABC is in a highly competitive industry. NGO pressure has been exerted to have this industry change its sourcing policies. ABC decides to publicly announce that it is the first in the industry to change in sourcing policy. Spar and LeMure define this as a ________ response type used to gain a ________ advantage over others in the industry.
A) competitive; pre-emption
B) resistance; pre-emption
C) pre-emption; competitive
D) capitulation; competitive
E) resistance; collective
C) pre-emption; competitive
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The organizations doing business using technology-based applications have been labeled electronic commerce.
Answer the following statement true (T) or false (F)
For a tariff-rate quota there is a limitation on
a. the within-quota tariff rate exceeds the over-quota tariff rate. b. the within-quota tariff rate equals the over-quota tariff rate. c. the within-quota tariff rate is less than the over-quota tariff rate. d. the amount of the product that may be imported during the quota period.
Which of the following processes are included in the revenue cycle?
a. Shipping products to customers. b. Sending disbursements to suppliers. c. Issuance of capital stock. d. Preparation of a time card.
A company has $104,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. Experience suggests that 5% of outstanding receivables are uncollectible. The current balance (before adjustments) in the allowance for doubtful accounts is a(n) $940 credit. The journal entry to record the adjustment to the allowance account includes a debit to Bad Debts Expense for:
A. $5153 B. $5247 C. $6140 D. $5200 E. $4260