What is a plan for developing and launching specific products, systems or services for specific uses in selected market segments is called?
a. Venture concept
b. Service Strategy
c. Product line strategy
d. Modularity
c. Product line strategy
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The first federation of industrial unions was known as the ____________________________.
Fill in the blank(s) with the appropriate word(s).
Which of the following is NOT one of the basic market structures?
a. The homogeneous or pure market b. The monopoly c. The oligopoly d. The duopoly
Contrast closed and open innovation.
What will be an ideal response?
Dan arranged for his bank to wire $50 on the first of each month to the YMCA. The money was to pay for his membership. In April, the bank wired $50 to Young Machine Company of America, instead of the YMCA. Which statement is correct?
a. Dan, the originator, is liable for the amount of the payment. b. Dan's Bank is liable for the full amount of the payment. c. The prior Bank is liable for the full amount of the payment. d. Dan and the bank share liability for the amount of the payment.