Hall and Porter argue that firms have two generic alternative strategies for any particular product. These strategies are

a. low risk focus, low risk focus
b. retail customer focus, wholesale customer focus
c. product differentiation, low-cost leadership
d. low operating leverage, high operating leverage


C

Business

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In the two-period model, a decrease in income in period 2 causes the budget constraint to

A. shift to the left in a parallel fashion. B. shift to the right in a parallel fashion. C. rotate in a clockwise direction along the horizontal axis. D. rotate in a counterclockwise direction along the vertical axis.

Business

How has social media affected the writing of promotional messages and the AIDA plan?

What will be an ideal response?

Business

If fixed costs are increased, then a breakeven analysis with an adjustment for profit will yield an increase in the number of sales or targeted sales units

Indicate whether the statement is true or false

Business

Employees who choose not to return to work after joining the strikers for a period of time are known as crossover workers

Indicate whether the statement is true or false

Business