Which of the Following Is Not a Competitive Advantage Included

question 9

Multiple Choice

Which of the following is not a competitive advantage included in brand loyalty:

• A) Reducing marketing costs
• B) Entry to barrier
• C) Increased name recall at time of purchase
• D) Satisfied customer base projects successful product
• E) Provides time to respond to competitive moves

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Definitions:

Ending Balance

The final amount in an account at the end of an accounting period after all debits and credits are accounted for.

Overapplied Overhead

This occurs when the overhead costs allocated to products or jobs exceed the actual overhead costs incurred.

Manufacturing Overhead

includes all production costs other than direct materials and direct labor, such as indirect materials, indirect labor, and factory-related expenses.

Cost of Goods Sold

The total cost directly associated with producing goods that have been sold during a specific period.