Under a line of credit agreement, a bank may require an annual cleanup, which means that the borrower must pay off all its outstanding debts to all its operational creditors for a certain number of days during the year

Companies are price-takers when ________

A) their products are unique B) there is very little competition C) pricing approach emphasizes cost-plus pricing D) they have little or no control over the prices of their products or services

The uniqueness and magnitude of the customer value created by a firm's strategy are ultimately determined by the firm's management

Indicate whether the statement is true or false