When Japanese carmakers entered the existing U.S. automobile market by first offering small fuel-efficient cars, and then leveraging their low-cost and high-quality advantages into high-end luxury segments, they were engaging in
A. radical innovation.
B. architectural innovation.
C. regressive innovation.
D. disruptive innovation.
Answer: D
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Retailers reduce their ________ by utilizing mystery shoppers to assess service quality.
A. responsiveness B. standards gap C. tangibility D. knowledge gap E. reliability
The qualitative characteristics describe the attributes that enhance the usefulness of financial reporting information. The FASB's conceptual framework sets forth the qualitative characteristic of _____ that refers to information that can make a difference in a resource allocation decision by helping users to form predictions about the outcomes of future events and to confirm or correct prior
information or expectations. Receiving information in a timely manner (referred to as timeliness) so that it can influence decisions is an aspect of this qualitative characteristic a. relevance b. reliability c. comparability d. materiality e. understandability
The cost of holding inventory incurred by the shipper's supply chain network is
A) transportation cost. B) inventory cost. C) facility cost. D) processing cost.
The more debt a company uses to finance its assets, the lower will be its operating income due to
higher interest expense. Indicate whether the statement is true or false