Jake is a small business owner of Macho Doors, a manufacturer and installer of garage doors. His business has earned the reputation as being reliable, trustworthy, and one that makes high quality, long-lasting doors. However, with rising gasoline and wood prices, Jake is finding it hard to maintain the existing quality standards. If he continues with the existing quality standard, his profit margins will go down and he will not be able to hike his employees' salaries; if he inserts panels of lower quality wood the reputation of his business will be lost. These are typically ________ legitimacy building features.
A. people-based
B. industry-based
C. product-based
D. capital-based
Answer: C
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The transaction price for multiple performance obligations should be allocated based on
A) total transaction price less residual value. B) forecasted cost of satisfying performance obligation. C) what the company could sell the goods for on a stand-alone basis. D) selling price from the company's competitors.
Ratios are most useful in identifying
a. causes. b. differences. c. relationships. d. trends.
In most cases, the ideal candidate for a level one analyst position has an extensive knowledge in a single subject area.
Answer the following statement true (T) or false (F)
What is a major benefit for a company of building a green building?
a. It makes the company much more profitable. b. It ensures positive media exposure. c. It has low up-front costs but high energy-savings. d. It does a lot to advertise company values to the public.