An overall low-cost position protects a firm against rivalry from competitors because ________ allow a firm to earn returns even if its competitors eroded their profits through intense rivalry.
A. lower costs
B. higher prices
C. higher costs
D. lower prices
Answer: A
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On June 30, 2019, Development Company purchased merchandise inventory for $500,000 by signing a six-month, 8% note payable. Prepare the journal entry for the payment of the note on December 30, 2019. Omit explanation.
What will be an ideal response?
______ are the structures and activities that provide stability to a society such as the family, education, economics, religious, and political systems.
Fill in the blank(s) with the appropriate word(s).
Which of the following is not a barrier to entry:
a. Capital b. Manufacturing c. Marketing d. All are potential barriers to entry
The most frequently used graphic in reports is the table. ?
Indicate whether the statement is true or false