Which of the following describes how a local firm could defend its local market against a global company?
A) It should reduce its price and begin competing on price differentiation.
B) It should emphasize its home country or ethnic origin.
C) It should increase advertising expenditures and continue with the same message as before.
D) It should increase its research and development expenditure and enhance its product.
B
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Which one of the following equations represents retained earnings activity?
a. Beginning balance + net income + dividends = profits for the year b. Beginning balance + cash inflows – cash outflows = ending balance c. Beginning balance + dividends – net income = ending balance d. Beginning balance + net income – dividends = ending balance
Providing a final written report would be included in which step of the evaluation process?
a. Client and change agent meet to review original objectives b. Practitioner determines form of evaluation c. Change agent should collect data d. Client and change agent meet to plan next step
When ReGen Pharmaceuticals released a new drug to treat insomnia, its chemical composition was disclosed at the back of the drug's cover. However, any attempts by competitors to copy the chemical composition would result in infringement of ReGen Pharmaceuticals intellectual property rights. Thus, the drug is protected by a
A. promissory bill. B. royalty. C. franchise. D. patent.
Socially responsible firms support consumer choice by:
A. involving consumers when accounting for traditional financial indicators, such as earnings. B. using strategies such as planned obsolescence for the organization's growth. C. following laws that prevent anticompetitive behavior such as collusion. D. being involved in competitive practices such as predatory pricing.