Resources are a source of competitive advantage only when they are

Red Chilly Productions, a production studio based in the United States, decides to make a major change in its distribution strategy. It withdraws contracts from its retail partners and beginsto operate its own rental store

This results in its retail partners filing several lawsuits against the company. This scenario is an example of _____. a. bilateral monopoly b. dual distribution c. horizontal conflict d. retailer monopoly

Why is accounting conservatism NOT a basic principle underlying accounting standards in the People's Republic of China?

A. It is perceived to manipulate accounting numbers for the benefit of owners by exploiting workers. B. It too closely reflects the views of the masses, which are not considered in establishing accounting standards. C. Conservatism has been shown to cause economic hardship for companies operating in China. D. Conservatism overstates assets, which is perceived to distort financial results.