To find a target market, a firm can use one of these targeting strategies.

A. Total market strategy and the undifferentiated strategy
B. Product differentiation strategy and the customer differentiation strategy
C. Demographic strategy and the psychographic strategy
D. Socioeconomic strategy and the psychological strategy
E. Undifferentiated strategy, the concentrated strategy, and the differentiated strategy


Answer: E

Business

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Setting a good example is the ______ dimension of ethical leadership.

Fill in the blank(s) with the appropriate word(s).

Business

Why does a U.S. company exporting wooden furniture manufactured in Malaysia to the European Union benefit from the decline in the value of the ringgit against the euro?

A. Because decline in the value of the ringgit against the euro has no impact on the cost of furniture manufactured in Malaysia, both in Malaysian or European markets. B. Because decline in the value of the ringgit against the euro makes Malaysian goods less competitive in the U.S. market. C. Because decline in the value of the ringgit against the euro raises the cost of furniture manufactured in Malaysia, making it less competitive in European markets. D. Because decline in the value of the ringgit against the euro makes European goods more competitive as compared to Malaysian goods. E. Because decline in the value of the ringgit against the euro reduces the cost of furniture manufactured in Malaysia, making it more competitive in European markets.

Business

Zhang Industries is preparing a cash budget for June. The company has $25,000 cash at the beginning of June and anticipates $95,000 in cash receipts and $111,290 in cash payments during June. The company has no loans outstanding on June 1. Compute the amount the company must borrow, if any, to maintain a $20,000 cash balance.

A. $16,290. B. $28,710. C. $11,290. D. $12,290. E. $6,290.

Business

In the 5Ss, items identified as unnecessary and thus removed from a workplace would be included with which S?

Business