When a firm has many potential competitors and tries to develop a marketing strategy to differentiate its products from the competitors' products, a(n) ____ structure exists in the competitive environment.
A. oligopoly
B. monopoly
C. pure competition
D. oligopolistic competition
E. monopolistic competition
Answer: E
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Which of the following statements is true regarding repeat rates?
A) Repeat rates tend to increase. B) A product can be successful without a high repeat rate. C) A low repeat rate indicates lack of brand awareness. D) For frequently purchased products, repeat rates are the key to success.
Johann, an accounting department manager, notices that one of his employees tends to show anger management issues when faced with a deadline. Which management method should Johann use in this situation?
a. coaching b. counseling c. disciplining d. confronting
Three of the most common tools of financial analysis include horizontal analysis, vertical analysis, and ratio analysis.
Answer the following statement true (T) or false (F)
Which of the following statements about today's job search is most accurate?
A) The emphasis of today's job search is on the needs of the employer. B) Today's job searchers should create a universal résumé that can be used for every job for which they apply. C) Career paths for employees are now linear; that is, employees can expect to remain in the same position throughout their employment years. D) Jobs are long lasting; therefore, today's employees will need little relearning and retraining.