Market commonality is the extent to which rivals draw from the same types of resources.
Answer the following statement true (T) or false (F)
False
Market commonality is whether or not competitors are vying for the same customers and how many markets they share in common. Resource similarity is the degree to which rivals draw on the same types of resources to compete.
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The total amount of simple interest calculated annually on a $4,000 note payable in 5 years at 9% is:
a. $1,800.00 b. $1,411.20 c. $2,154.60 d. $554.04
Internal control policies and procedures have limitations not including:
A. Human fraud. B. Cost-benefit principle. C. Establishing responsibilities. D. Human error. E. Collusion.
Bain & Company's "Management Tools and Trends" survey has consistently reported that ________________ continues to be among the most commonly used management tool among global executives, and it is the tool with one of the highest reported levels of satisfaction.
Fill in the blank(s) with the appropriate word(s).
Suzanne's Cleaners is considering a project that has the following cash flow data. What is the project's payback? Year0 1 2 3 4 5 Cash flows?$1,100 $300 $310 $320 $330 $340
A. 2.31 years B. 2.56 years C. 2.85 years D. 3.16 years E. 3.52 years