Technological innovation can support a ________ strategy, in which an advantage comes from having a unique good or service for which customers are willing to pay a premium price.
A. low-cost
B. diversification
C. differentiation
D. concentration
E. vertical integration
Answer: C
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Answer the following statements true (T) or false (F)
1. Empathy is a common characteristic of product quality. 2. The mileage a Honda Civic car gets is important to its target market. 3. The time (or duration) for which a customer uses the product is an important core competency for a company. 4. Finding new ways of advertising is an example of an innovation in operations management to gain a competitive edge.
Debt is a less risky than equity because a debtholder's claim has priority to an equity holder's claim.
Answer the following statement true (T) or false (F)
In a local university, 40% of the students live in the dormitories. A random sample of 80 students is selected for a particular study. The probability that the sample proportion (the proportion living in the dormitories) is at least 0.30 is
a. 0.4664 b. 0.9328 c. 0.9664 d. 0.0336
Kerri, the human resources manager at Davidson Equipment Supply Co., received instructions to provide data on the number of minorities working there, their positions within the company, and the compensation provided. This is an example of a(n)
A. equal employment opportunity statement. B. human resources inventory. C. organizational assessment. D. initial public offering. E. diversity training program.