The marketplace being a competitive battlefield is primarily due to __________.
A) the ongoing race among rivals to achieve the fastest rate of growth in revenues and profits.
B) the ongoing efforts of industry members to introduce innovative products/services as fast followers into the marketplace.
C) the ability of industry rivals to build strong defenses against the industry's driving forces.
D) the constant rivalry of firms to strengthen buyer patronage among competing sellers of a product or service, in order to win a competitive edge over rivals.
E) the efforts of industry incumbents to lower cost products/services at a faster rate than their rivals.
D) the constant rivalry of firms to strengthen buyer patronage among competing sellers of a product or service, in order to win a competitive edge over rivals.
The strongest of the five competitive forces is often the rivalry for buyer patronage among competing sellers of a product or service.
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From charitable giving to medical records to Internet tracking, consumers are more anxious than ever about
A. secondary data retrieval systems. B. their ability to get credit cards. C. their fundamental right to privacy. D. the unstructured nature of marketing research. E. exploitation by foreign marketers.
Consider each of the following activities. Required:Identify whether each of the following activities will be reported in the operating activities, investing activities, or financing activities section of the statement of cash flows.
What will be an ideal response?
While Fun Frames incurs a cost of $12 for a pair of eyeglasses, Highwire, its competitor, manufactures a pair of glasses at $10. Both the companies are able to sell their glasses for a maximum of $30 per pair. Which of the following statements is true in this scenario?
A. Fun Frames is a cost-leader when compared to Highwire. B. Highwire has a higher opportunity cost than Fun Frames. C. Fun Frames has created a greater economic value than Highwire. D. Fun Frames and Highwire have achieved differentiation parity.
City governments cannot create administrative agencies
Indicate whether the statement is true or false