3. Which of the following is not one of the pitfalls of a low-cost provider strategy? A. Overly aggressive price-cutting that confuses customers as to the best time to buy. B. Trying to set the industry's price ceiling C. Not emphasizing avenues of cost advantage that can be kept proprietary or that relegate rivals to playing catch up D. Becoming too fixated on cost reduction that the product or service no longer meets the basic expectations or needs of the customer. E. Having the basis for the firm's cost advantage undermined by a merger of other rivals firms in the industry and thereby creating an even lower cost structure from their combined operations.

Aldrich and co. sold goods to donovan on credit. the amount owed grew steadily, and finally aldrich refused to sell any more to donovan unless donovan signed a promissory note for the amount due. donovan did not want to but signed the note because he had no money and needed more goods. when aldrich brought an action to enforce the note, donovan claimed that the note was not binding because it had been obtained by economic duress. was he correct? [aldrich & co. v. donovan, 778 p.2d 397 (mont.)]

What are six resources for you decide which type of business to start and how to start it?

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u. s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u. s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u. s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u. s. gaap balances to ifrs.