A country can react to the potential for blocked funds prior to making an investment, during operations, or by investing in the local country in assets than maintain their value
Indicate whether the statement is true or false.
Answer: TRUE
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All of the following are disadvantages of team selling EXCEPT ________
A) selling teams can be confusing and overwhelming for customers B) salespeople who are used to having customers all to themselves may have trouble learning to work with and trust others on a team C) team selling reduces the overall efficiency of the selling process D) individual contributions and compensations can be difficult to assess in team selling E) team selling discourages individual contributors because the team receives credit for good performance
Cost behavior is defined as the manner in which costs respond to changes in volume or activity
Indicate whether the statement is true or false
Which of the following factors should a company consider when determining if an industry offers good prospects for attractive profits?
A. whether the market leaders enjoy competitive advantages and how difficult it is to promote innovation to develop a strongly differentiated product or service for which a price premium may be charged B. whether there are more than five key success factors, more than five barriers to entry, and more than five industry drivers C. an assessment of which firms in the industry have the best and worst competitive strategies, whether the number of strategic groups in the industry is increasing or decreasing, and whether economies of scale and experience curve effects are a key success factor D. constructing a strategic group map and assessing the attractiveness of the competitive position of each strategic group E. the industry's growth potential, whether competition appears destined to become stronger or weaker, how the industry's driving forces might affect overall industry profitability, the company's competitive position relative to rivals, and the company's proficiency in performing industry key success factors
A Las Vegas theater offers a free performance. There is a two-drink minimum. This is an example of what strategy?
a. value-based pricing b. direct cross subsidies c. multiparty d. utility and usage