Differentiation provides protection against rivalry since brand loyalty lowers customer sensitivity to price and raises customer switching cost.
Answer the following statement true (T) or false (F)
True
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On June 1, Kareem sends Fatima an e-mail offering to build her a new garage for $20,000. In his e-mail, Kareem wrote, "acceptance by certified mail is advisable." On June 2 at 8 a.m., Kareem sends Fatima a certified letter attempting to revoke the offer. At 2 p.m. the same day, Fatima mails Kareem a letter via certified mail attempting to accept his offer. Under these circumstances, ________.
A. the parties do not have a contract until Kareem receives Fatima's acceptance B. Fatima's acceptance is effective upon dispatch C. Kareem's revocation is effective and the parties do not have a contract D. the parties do not have a contract as the trade usage is telegrams and not certified mail
In a joint venture, the burden of ownership, control, and profits falls on the market entry firm.
Answer the following statement true (T) or false (F)
Which one of the following is TRUE for supply chain management?
A) Supply chain applies to both manufacturing and service organizations. B) Supply chain applies only to manufacturing because it deals with flow of materials. C) Supply chain is about suppliers and does not include distributors or customers. D) Supply chain includes any operation that deals with materials.
According to the "bird-in-the-hand" dividend theory, the required return for a stock that pays its
entire return from dividends is higher than the required return for a high-growth stock that pays no dividend. Indicate whether the statement is true or false