Instead of watching movies on cable TV, Isabel has chosen instead to subscribe to Netflix. Netflix would be considered a ________ product because it performs a similar function to cable movie stations.

Fill in the blank(s) with the appropriate word(s).


substitute

Substitute products are defined as goods and services that perform very similar functions and can be used in place of one another.

Business

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How can labor-management relations be made more cooperative?

What will be an ideal response?

Business

The ________ concept means that an organization strives to satisfy consumer needs while achieving its goals.

A. sales B. societal benefit C. production D. customer relationship E. marketing

Business

One strong action that Yum! took to create a new culture was to ______.

A. start with a set of shared values B. choose the strongest CEO C. explain to the employees that things would not change D. keep a strict hierarchy for consistency

Business

The readiness of an individual or a group to perform a specific task depends on the _________ and ________ to perform the task.

A) Aptitude; readiness B) Facility; enthusiasm C) Ability; willingness D) Capacity; motivation

Business