Which of the following is true of creative destruction?

A) It makes use of illegal innovations and techniques to displace established businesses.
B) It presents newcomers with an opportunity to succeed against incumbents in an industry.
C) It happens when technologies that provide process-streamlining advantages come to the fore.
D) It increases the operational costs of the entire industry and reduces profits.


B

Business

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Avon, the world's leading direct seller of beauty products, has a(n) ________ statement, which is "to be the company that best understands and satisfies the product, service, and self-fulfillment needs of women globally."   

A. vision B. intention C. goal D. mission E. rationale

Business

The third stage in the consumer purchase decision process involves evaluating brands in the consideration set based on the evaluative criteria (both objective and subjective) identified during the information search step for the ultimate decision. What is this stage called?

A. alternative evaluation B. problem recognition C. information search D. purchase decision E. postpurchase behavior

Business

Which of the following statements is true of market pay line?

A. A market pay line reflects a firm's competitive position in the market. B. A market pay line links a company's benchmark jobs on the vertical axis with market rates paid by competitors on the horizontal axis. C. A market pay line is adjusted in order to construct a pay policy line. D. A market pay line is constructed by adjusting pay policy line. E. A market pay line is a line of consumers in a market.

Business

____ blogs are designed for employees and others within an organization.

A. Internet B. Internal C. External D. Portal

Business