An Operating Income Analysis of Argon Company Revealed the Following

question 33

Multiple Choice

An operating income analysis of Argon Company revealed the following: $\begin{array}{lr}\text { Operating income for 2014 } & \$ 1,207,000 \\\text { Add growth component } & 102,000 \\\text { Deduct price-recovery component } & (95,000) \\\text { Add productivity component } & 90,000\\\text { Operating income for } 2015&\$1,304,000\end{array}$ Argon's operating income gain is consistent with the ________.

• A) product differentiation strategy
• B) product leadership strategy
• C) cost differentiation strategy
• D) cost leadership strategy

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Definitions:

Social Information Processing

A theory that describes how individuals interpret and respond to social information, including cues and messages from others.

Negative Beliefs

Cognitive patterns that involve pessimistic, self-defeating thoughts or attitudes towards oneself or the external world.

Disgust Sensitivity

The degree to which people are disgusted by a variety of stimuli, such as bugs, types of food, and small animals.

Phobias

Excessive and irrational fears of specific objects, situations, or activities that pose little to no actual danger.