Which of the following is the foundation for success for a company facing competition
a. Create an advantage over the competition
b. Protect the advantage created over the competition
c. Create and protect advantages over the competition
d. None of the above
c
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Which of the following is NOT a discount bond?
A) a U.S. savings bond B) a U.S. Treasury bill C) a U.S. Treasury note D) a zero-coupon bond
The Bertrand model of price setting assumes that a firm chooses its price
A) independently of what price other firms charge. B) subject to what price rival firms are charging. C) so that joint profits are maximized. D) without considering the shape of the demand curve.
Transaction deposits
A) are deposits in a thrift institution or a commercial bank on which a check may be written. B) are only deposits that you can check on through the Internet. C) include savings accounts. D) are accounts that pay interest to the depositor.
If the nominal deficit is $300 billion, inflation is 10 percent, and total debt is $2 trillion, then the real deficit is equal to:
A. ?$20 billion. B. $100 billion. C. $20 billion. D. ?$100 billion.