Use the value chain as a framework to explain how the competitive advantage of differentiation can create products and/or services that are highly valued by customers.

What will be an ideal response?


The firm infrastructure would include superior information systems designed to integrate value creating activities and improve quality. The human resource management systems would be designed to attract talented engineers and scientists. Technology development would feature superior material handling and sorting technology and procurement would include the purchase of high-quality components from prestigious outlets.

Business

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Which of the following errors is not identified by using the trial balance?

A) an unposted transaction B) a transposition C) a slide D) recording a debit amount that differs from the credit amount recorded

Business

If Brittany reaches her sales goals for this quarter, she will receive a $2,000 bonus. This part of her compensation is considered ________.

A. base pay B. a wage and salary add-on C. incentive pay D. benefits E. profit sharing

Business

The Labor-Management Relations Act gives the president the right to seek an injunction to stop

a strike that would create a national emergency. Indicate whether the statement is true or false

Business

An example of language creating a suretyship as meant under the statute of frauds would be the following: "If my business partner does not write out the check for the supply bill for our company, I will."

a. True b. False Indicate whether the statement is true or false

Business