"Other Comprehensive Income" Does Not Include

question 22

Multiple Choice

"Other comprehensive income" does not include

• A)revaluations of property, plant and equipment.
• B)certain translation gains and losses on foreign currency.
• C)realized gains and losses on trading investments.
• D)unrealized gains and losses for trading investments.

Understand the basic concepts of competitive advantages and how firms identify them.

Know the first steps in identifying competitive advantages from both a market-based and a resource-based perspective.

Comprehend the differences between market-based and resource-based views of strategy development.

Grasp the importance of the firm’s value chain in strategic management.

---

Definitions:

Federal Environmental Legislation

Laws passed by the national government to regulate activities that impact the environment, such as pollution and natural resource use.

Hazardous Wastes

are types of waste materials that can pose significant threats to public health or the environment, requiring special handling, storage, and disposal methods.

Superfund

A U.S. federal government program designed to fund the cleanup of sites contaminated with hazardous substances and pollutants.

Hazardous Air Pollutants

Airborne substances that can cause serious health risks, including carcinogens and toxins, which are regulated by environmental agencies.