The essence of business strategy includes perceiving the environment needs and opportunities for adaptation—even before they actually materialize—and designing and seeing through a continuous procession of actions to carry out adaptive innovation
Indicate whether the statement is true or false
T
You might also like to view...
Modest departures from the assumptions in analysis of variance do not seriously affect the validity of the analysis
Indicate whether the statement is true or false
The National Association of Insurance Commissions has developed standardized policies for medigap coverage
Indicate whether the statement is true or false.
Which of the following is TRUE regarding computer-aided design?
A) It is too expensive to use in most manufacturing and design settings. B) It is an obsolete technology. C) It results in longer development cycles for virtually all products. D) It is the use of computers to interactively design products and prepare engineering documentation. E) It is the use of information technology to control machinery.
Osgood Company provided the following income statement for Year 1 and Year 2:?Year 2Year 1Sales$ 220,000$ 160,000Cost of goods sold___156,000__105,000Gross margin64,00055,000Less operating expenses:?? Selling and administrative expenses26,00015,000 Interest expense_____2,000____3,000Income before tax36,00037,000Income tax expense____10,800___11,100Net income$ 25,200$ 25,900Required:(a) Perform vertical analysis on Osgood's income statements for Year 1 and Year 2. Round your answer to one decimal place (i.e. 22.4%)(b) Comment on the results, comparing Year 1 to Year 2.
What will be an ideal response?