If a company wants to be a price-taker, which of the following strategies should be taken?
A) Enter a competitive market and focus on cost cutting.
B) Produce a unique product.
C) Exploit the value of a fashionable brand name.
D) Differentiate the product clearly from the competitors.
A
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With regard to segregation of duties, rule two is that asset custody and record keeping should be separated. What does this require in the revenue cycle?
Which of the following statements is true of flotation costs??
A. ?Flotation costs decrease the cost of preferred stock to the issuing firm. B. ?Flotation costs are added to the issue price of preferred stock to compute the cost of preferred stock. C. ?Floatation costs are added to the cost of debt to compute the weighted average cost of capital of a firm. D. ?Floatation costs result in higher funds available from the issue of preferred stock to the firm. E. ?Floatation costs increase the rate the issuing firm must earn to pay the preferred dividend.
Answer the following statement(s) true (T) or false (F)
A startup that surpasses the $1 billion level is known as a unicorn.
Nominal group technique decreases social loafing and production blocking-problems with brainstorming-by
A. making people pool their ideas in a face-to-face meeting. B. making people write down ideas on their own. C. making people agree to one idea generated in a face-to-face meeting. D. making people speak in turns during all face-to-face meetings. E. discouraging bad ideas in the meeting.