A description method used when a product or service is proprietary or when there is a perceived advantage to using a particular supplier's product or services is:
A) description by market grade.
B) description by brand.
C) description by specification.
D) description by performance characteristics.
Answer: B
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Which of the following factors should managers use to engage their employees?
A) Maintain a positive perspective B) Provide recognition and encouragement C) A strengths-based approach D) All of the above
Describe distributive negotiation, and provide examples of this approach to negotiating
What will be an ideal response?
Which of the following factors, listed in a situation analysis for a major U.S. auto manufacturer, is the best example of a threat?
A. A New York law firm has filed a $10 million class action suit against the company on behalf of car owners whose gas tanks exploded. B. The company has lower manufacturing costs than its key competitors, allowing it to sell its cars at low prices. C. The factory that manufactures a new, popular car cannot build enough vehicles to meet the demand, while other factories have excess capacity. D. Due to outdated engine technology, the company's cars get lower gas mileage than those of major competitors. E. Recent consumer studies have indicated that Chinese consumers prefer American cars.
Greta is a member of Hovercraft LLC. As a member, Greta is
a. a manager or officer, but not an owner. b. an investor, but not a manager, officer, or owner. c. an owner. d. a participant, but not an investor, manager, officer, or owner.