Which of the following provides the new business with the opportunity to make more money than the competition?
A. Industry trends
B. Competitive advantage
C. External analysis
D. Market trends
Answer: B
You might also like to view...
In which type of auction does the buyer list an initial lower price and then gradually raise the price until one of the suppliers agrees to that price?
a. English auction b. Dutch auction c. sealed-bid first-price auction d. second-price auction
Which of the following is not a characteristic of a consumer market?
A. It consists of purchasers who intend to consume or benefit from the purchased products. B. They do not buy products for the main purpose of making a profit. C. They are sometimes referred to as B2C markets. D. Their purchasing decisions are always made by only one individual. E. They may buy the product, but not use it themselves.
If the present value of a perpetual income stream is increasing, the discount rate must be ________
A) increasing B) decreasing C) changing unpredictably D) increasing proportionally
Tae Min feels that it would be unfair to his team and his company to take a sick day to sleep in. He understands Fayol's principle of
A. stability of tenure of personnel. B. remuneration of personnel. C. unity of command. D. subordination of individual interests to the common interest. E. esprit de corps.