List the three premises on which Anderson's long tail theory is based and the two aspects of Internet shopping that support these premises
What will be an ideal response?
Anderson's long tail theory is based on three premises:
1. Lower costs of distribution make it economically easier to sell products without precise predictions of demand.
2. The more products available for sale, the greater the likelihood of tapping into latent demand for niche tastes unreachable through traditional retail channels.
3. If enough niche tastes are aggregated, a big new market can result.
Anderson identifies two aspects of Internet shopping that support these premises. First, the increased inventory and variety afforded online permit greater choice. Second, the search costs for relevant new products are lowered due to the wealth of information online, the filtering of product recommendations based on user preferences that vendors can provide, and the word-of-mouth network of Internet users.
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What are the requirements for deciding on a positioning strategy?
What will be an ideal response?
Automating the existing production process does not come under the purview of capital investment analysis
Indicate whether the statement is true or false
In assessing the debt ratios, analysts customarily vary the standard in relation to the stability of the firm's earnings and cash flows from operations. Banks have liabilities to assets ratios, typically
a. over 10%. b. over 30%. c. over 50%. d. over 70%. e. over 90%.
The type of listening most common in business meetings and conferences is ______.
A. casual B. factual C. empathic D. sympathetic