Which of the following is not a potential pitfall of a focus strategy?
A. Product/service offerings that are highly focused are subject to competition from new entrants.
B. All rivals share a common input or raw material.
C. Erosion of cost advantages can arise within the narrow segment.
D. Focusers can become too focused to satisfy buyer needs.
Answer: B
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Which of the following statements is TRUE of the behavior of total fixed costs, within the relevant range?
A) They will remain the same as production levels change. B) They will increase as production decreases. C) They will decrease as production decreases. D) They will decrease as production increases.
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Indicate whether the statement is true or false
Which sentence is correctly punctuated?
A) Brenda filed her income tax return, although it was late. B) Brenda filed her income tax return although it was late. C) Brenda filed her income tax return; although it was late.
Researchers surveyed 116 employees and leaders in a medical center in the Netherlands and examined high performance characteristics. These researchers found that
a. authentic leadership was related to high performance characteristics b. resiliency was related to high performance characteristics c. transparency was related to high performance characteristics d. servant leadership was related to high performance characteristics