Firms that practice product differentiation gain competitive advantage through the way they design their channel's coverage, expertise, and performance
Indicate whether the statement is true or false
FALSE
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A customer-focused business strategy:
A. stresses doing more with less by minimizing costs, encouraging productivity increases, and specifying in greater detail exactly how jobs should be performed. B. places less emphasis on evaluating skills and jobs and more emphasis on incentives designed to encourage innovations. C. stresses new products and short response times to market trends. D. focuses on business practice or process that results in better performance than one's competitors. E. stresses delighting customers and bases employee pay on how well they do this.
The net asset value is the price per share an investor will pay to acquire shares in a no-load, open-end fund
Indicate whether the statement is true or false.
True or False Compared to the frequency distribution, the stem-and-leaf display provides more detail since it can describe the individual data values as well as show how many are in each group, or stem
Indicate whether the statement is true or false
Pinnacle Consulting employs two CPAs, each having a different area of specialization. Judy specializes in tax consulting and Steve specializes in management consulting. Pinnacle expects to incur total overhead costs of $519,750 during the year and applies overhead based on annual salary costs. Judy is a senior partner, her annual salary is $225,000, and she is expected to bill 2,000 hours during the year. Steve is a senior associate, his annual salary is $121,500, and he is expected to bill 1,800 hours during the year.a. Calculate the predetermined overhead rate.b. Assuming that the hourly billing rate should be set to cover the total cost of services plus a 20% markup, compute the hourly billing rates for Judy and Steve.
What will be an ideal response?