Which of the following conditions must exist for an information system to be a strategic information system?
A. The information system must simply provide information.
B. The organization's information system unit must only work with managers of the same unit.
C. The organization's top management must be involved only during the implementation stage.
D. The information system must serve an organizational goal.
Answer: D
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Quality Cools, an ice cream company, bought Icee, a smaller ice cream company. The smaller company was folded into Quality Cools's business. Which of the following business forms does this scenario exemplify?
A. An acquisition B. Piggybacking C. Franchising D. A joint venture
A target market consists of a group of consumers who are usually quite different.
Answer the following statement true (T) or false (F)
In most states the doctrine of comparative negligence has been replaced by the doctrine of contributory negligence
Indicate whether the statement is true or false
Miranda owns a chain of handbag shops across England and Wales. She has spotted a good location to set up a shop in Edinburgh but her handbags aren’t well known in Scotland and there is quite a lot of competition. She thinks it’s worth a try anyway and decides to undercut the competition, at least until she gets known. What pricing strategy is Miranda following?
a. market skimming b. loss leader c. market penetration d. price discrimination e. export pricing