________ is an aggressive maneuver where the firm attacks first, perhaps with guerrilla action across the market and keeping everyone off balance

A) Position defense
B) Flank defense
C) Contraction defense
D) Preemptive defense
E) Lateral defense


D

Business

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An employer-employee relationship exists when an employer gives an employee authority to act and enter into contracts on his or her behalf

Indicate whether the statement is true or false

Business

Gateway sold a big-screen TV and entertainment center to Iris for $2000 on credit. Iris signed a promissory note and gave Gateway a security interest in the TV and entertainment center. Gateway filed a financing statement in the appropriate public

office. When Iris defaulted on her monthly payments owing a balance of $1780, Gateway's attorney made arrangements to have the TV and entertainment center repossessed. The attorney then placed classified ads in the local newspaper to sell the goods. The attorney's fees are $300, the repo company charged $150, and the advertising costs are $50. (A) If Iris chooses to redeem the property, how much must she pay to Gateway to recover the property? (B) If Iris does not redeem and the TV and entertainment center are sold for $1750, how will the money be disbursed?

Business

The intentional dispossession or unauthorized use of the personal property of another is known as:

a. conversion. b. trespass to personal property. c. fraud. d. stealing.

Business

Which of the following represents supplier power in Porter's Five Forces Model?

A. High when buyers have few choices of whom to buy from and low when their choices are many. B. Low when buyers have few choices of whom to buy from and high when their choices are many. C. High when buyers have many choices of whom to buy from and low when their choices are few. D. None of the above.

Business