According to the hypercompetition model of competitive advantage, which of the following allows the firm to create an entirely new product or market?
A) know-how advantage
B) timing advantage
C) outflanking
D) switching costs
E) countermoves
B
Business
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If a corporation has an average tax rate of 40 percent, the approximate annual, after-tax cost of debt for a 10-year, 8 percent, $1,000 par value bond selling at $1,150 is ________
A) 3.6 percent B) 4.8 percent C) 6 percent D) 8 percent
Business
In ________ testing, each module is tested alone in an attempt to discover any errors in its code
A) Unit B) Stub C) Integration D) System
Business