When higher-priced competitors match lower prices of their competitors but have longer staying power because of deeper cash reserves, it leads to a(n) ________ trap
A) low-quality
B) fragile-market-share
C) price war
D) escalator
E) shallow-pockets
E
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A short-term note payable:
A. Cannot be used to extend the payment period for an account payable. B. Is a written promise to pay a specified amount on a stated future date within one year or the company's operating cycle, whichever is longer. C. Is an estimated liability. D. Is not a liability until the due date. E. Is a contingent liability.
Women are welcomed on negotiation teams in all cultures
Indicate whether the statement is true or false.
Calculating competitive strength ratings for a company and comparing them against strength ratings for its key competitors helps indicate
A. which competitors are employing offensive strategies and which competitors are employing defensive strategies. B. which weaknesses and vulnerabilities of competitors the company might be able to attack successfully. C. which competitors are likely to make money and which are likely to lose money in the years ahead. D. which competitors are in profitable strategic groups and which competitors are in unprofitable strategic groups. E. what the industry's key success factors are.
At the end of the current period, a company reported $725,000 in net credit sales and $100,000 in ending accounts receivable. Calculate this company's days' sales uncollected at the end of the current period.
What will be an ideal response?