What are two broad choices when it comes to a new venture’s competitive advantage?

a. Low price or high price
b. Customer service or high price
c. Cost advantage or non-cost-differentiation advantage
d. Trade secrets or cost advantage


c. Cost advantage or non-cost-differentiation advantage

Business

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A mandate to reduce costs, increase product quality, and/or improve production processes through continuous improvement is known as

a. kaizen costing. b. activity-based costing. c. the theory of constraints. d. mass customization.

Business

The E-SIGN Act is a not a federal statute and state legislatures are required to adopt it in order for it to become a state law

Indicate whether the statement is true or false

Business

Today's brands are more or less international brands due to the _______________________.

a. Competitors b. Internet c. Television d. Economy

Business

After you set up the hypotheses and collect your data, you calculate the statistic that serves as the criterion for making your decision. This number is called the ____________________ statistic

Fill in the blank(s) with correct word

Business