Interest expense and income tax expense are often classified as ____________________________ in published income statements but normally cannot be _____________ at this stage of the budgeting process.

Fill in the blank(s) with the appropriate word(s).

Ans: general and administrative expenses, planned

Business

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Companies can identify competitors from a(n) ________ point of view by defining competitors as companies that are trying to satisfy the same customer need or build relationships with the same customer group

A) customer B) blue ocean C) market D) myopic E) industry

Business

The ________ suggests that a firm owning a valuable asset that creates a competitive advantage domestically can use that advantage to penetrate foreign markets through FDI

A) national competitive advantage B) comparative advantage C) relative factor endowments D) ownership advantage theory

Business