Explain what is meant by "Trade-offs may occur among the five sources of competitive advantage, but this does not need to be a zero-sum game."
What will be an ideal response?
Answers will vary. In general, answer should state that successful managers deliver, to some extent, all five competitive advantages.
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Wholesalers and retailers create efficiencies in the flow of goods from producer to end consumer by ________ when they provide a variety of products in one location
A) creating assortments B) just in time processing C) third-party logistics D) order processing E) inventory control
Identify TWO stakeholders of your organization and explain your organization’s responsibilities to each of these groups.
What will be an ideal response?
A recent survey found that 24% of Americans feel that it is always wrong to speed. In which of the following schools of ethical thought would this 24% fit best?
a. Moral relativists b. Utilitarians c. Ethical egoists d. Virtue
The constitutional challenges to public sector drug testing are based on the _____, which forbids unreasonable searches or seizures by the government.?
A) ?Third amendment B) ?Fourth amendment C) ?Equal Protection Act D) ?Sixth amendment