Which competitive strategy would NOT be used by a business in an oligopoly?
a. lowering prices
b. advertising to attract customers
c. differentiating product
d. preventing new entrants into the market
a
You might also like to view...
Which of the following has limited the practice of reality mining?
A) lack of communication among departments within an organization B) difficulties analyzing unstructured data C) concerns about preventing information overload D) concerns about reactions to privacy infringement E) concerns about preventing customer abandonment
Unincorporated entities are typically treated as flow-through entities for tax purposes.
Answer the following statement true (T) or false (F)
Which of the following is characteristic of March’s adaptive notions of ’exploration?
a. Exploration requires relaxed attitudes to controls and norms b. Exploration is more likely to occur when organizations are failing, rather than succeeding c. Exploration must be accompanied by rapid exploitation d. All of the above
Gavan and Rebekah want to buy a flat screen TV. They look at several brands in several different stores before finally deciding on a Sharp. The TV set was the most expensive model they saw, but they felt it had better colors and would be more reliable. In this case, the TV is a(n)
A. impulse product. B. emergency product. C. specialty product. D. heterogeneous shopping product. E. homogeneous shopping product.