Price leadership occurs if:

a) smaller firms in an industry silently agree to charge the same price as the largest firm.
b) two or more firms in an industry agree to fix the price at a given level.
c) competition among a large number of small firms generates a stable market price.
d) competition among a large number of small firms generates similar but slightly different prices.

In a recent annual report, apple computer reported the following in one of its disclosure notes: "warranty expense: the company provides currently for the estimated cost for product warranties at the time the related revenue is recognized." this note exemplifies apple's use of: (a) conservatism.(b) matching. (c) realization principle. (d) economic entity.

Alex is the r& d manager with digital copier inc. the company is having a problem with one of its most popular copiers jamming. the vice president of marketing told alex that "we need to quickly discover how to turn this problem into a desirable situation. you need to determine the underlying cause of the problem and perhaps even make improvements to the copier." when alex analyzes the underlying causes of the paper-jam problem, which function is he performing? a. synergy b. diagnosis c. analytics d. feasibility e. mbo

What are the business benefits of using intelligent techniques for knowledge management? define and compare an expert system, knowledge management system, and decision support system and explain how each can provide value to your organization?