Noland has identified an underserved market for his product. Competitors are not likely to notice his efforts to attract his target market, and his product fills a need for these customers. Noland has found:
A. an opportunity sweet spot.
B. a core competency.
C. a competitive advantage.
D. a capability.
Answer: A
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Anish needs to convince her employee to work through lunch today on a big project. Anish has a very direct communication style and her employee does not. What is the best strategy for Anish to influence her employee on this issue?
a. Try to frame her argument using her employee’s communication style. b. Hint to her employee that such an action may be necessary. c. Be blunt and to the point in asking her employee to work through lunch. d. First, teach the coworker to use a more direct communication style.
Past consideration is sufficient consideration to support a new contract.
Answer the following statement true (T) or false (F)
After assessing the market growth potential in Mexico for his company's baby products, Harmon wanted to evaluate market competitiveness. To do this, Harmon would consider
A. mass marketing of distribution potential and logistical support. B. the number of competitors, entry barriers, and product substitutes. C. the current size of the market and the expected growth rate. D. profitability and customer buying behavior. E. ease of pricing control and number of promotional outlets.
Article 2 of the Uniform Commercial Code deals with what type of property?
A) Real B) Personal C) Intangible D) Business