Why is it important to build a large installed base quickly in an industry based on increasing returns?
a. more likely to make the product the industry standard
b. more likely to make the product more attractive to the providers of complementary products
c. pushes the company down the learning curve
d. all of the above
d
Business
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Most loans banks make to start-up businesses are not secured by collateral but by the character of the entrepreneur
Indicate whether the statement is true or false.
Business
Of the following, which is the best reason for using activity-based costing?
a. to keep better track of overhead costs b. to more accurately assign overhead costs to cost pools so that these costs are better controlled c. to better assign overhead costs to products d. to assign indirect service overhead costs to direct overhead cost pools
Business