Answer:
The first step in operating cycle would be to purchase inventory from vendors.
The correct answer is D
Explanation:
The steps involved in operating cycle includes:
1. Purchase of inventory from vendors
2. Sale of goods to customers
3. Recording of sales in accounts
4. Collection of cash from customers
Answer: product differentiation
Explanation:
From the question, we are informed that Intel achieved success by using the "Intel Inside" advertising campaign and logo that appears on many brands of PCs.
This is an example of a barrier to entry which is known as product differentiation. Poduct differentiation is when a company makes its product different from other similar products so that the product will be more attractive and unique from others.