Core competencies are:
A) product or service attributes that represent the needs of a particular market segment.
B) another name for competitive priorities.
C) various flow strategies.
D) the unique resources and strengths that management considers when formulating strategy.
D
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Which of the following statements is FALSE?
A) In recent years, the investment banking firm of WR Hambrecht + Company has attempted to change the IPO process by selling new issues directly to the public using an online auction IPO mechanism called Open IPO. B) The lead underwriter is the primary banking firm responsible for managing the deal. The lead underwriter provides most of the advice and arranges for a group of other underwriters, called the syndicate, to help market and sell the issue. C) Because of the potential conflict of interest, the underwriter will not make a market in the stock after the issue. D) The SEC requires that companies prepare a registration statement, a legal document that provides financial and other information about the company to investors, prior to an IPO. Company managers work closely with the underwriters to prepare this registration statement and submit it to the SEC.
Which of the following, if true, supports the father's position?
A) Julie has said she wants to work for one of the Big Four accounting and professional services firms. B) The demand for external auditors is expected to grow in the near future. C) Many accountants flooded the job market when the Arthur Andersen firm effectively went out of business in 2002. D) Accountants for nonprofits are more concerned with efficiency than with profit. E) Julie has said that she wants to work as an in-house accountant for a large public interest group like Sierra Club or Greenpeace.