When companies provide too few products in a product line, they run the risk of ________.
A. delivering products that can be easily copied
B. increasing barriers to market entry
C. missing important market opportunities
D. having inefficiencies in production
E. being differentiated from competitors
Answer: C
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A question that gives the respondent a clue as to what the answer should be is called a leading question
Indicate whether the statement is true or false
Chilé Products Ltd. Chilé Products Ltd. bottles and sells hot pepper sauce. In 2012, the company had expected to sell 65,000 bottles but actually bottled and sold 80,000 bottles. The standard direct materials cost for each bottle is $.24 comprised of .60 ounces at a cost of $.40 per ounce. During 2012, 52,000 ounces of material were purchased out of which 46,000 ounces were used at a cost of
$.37 per ounce. Refer to the Chilé Products Ltd. information above. The direct materials usage variance for 2012 was: A) $ 800 F. B) $ 800 U. C) $1,600 F. D) $1,600 U.
A(n) ____________________is a declaration of a program unit in a package body by placing the header code at the top of the package body code.
Fill in the blank(s) with the appropriate word(s).
Genetically modified organisms, or GMOs, appear in many of the foods that U.S. consumers eat daily. Many consumers, concerned about the negative health effects of GMOs, wish to know which foods contain them. Although GMO labeling is a federal requirement, some firms, such as Whole Foods, have been able to bypass this law in most cases.
Answer the following statement true (T) or false (F)