A risk for a firm that tries to attain both cost and differentiation advantages is that it can be stuck in the middle. An example of this is supermarkets because their ________ structure is ________ than discount retailers, and customers do not value their products and services as being high-end such as those offered by Whole Foods.
A. cost; lower
B. price; lower
C. cost; higher
D. price; higher
Answer: C
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During a concealment investigation, an investigator fails to recognize that an invoice had been forged. This represents a:
a. sampling risk. b. non-sampling risk. c. systematic risk. d. systemic risk.
The World Diamond Council hired a crisis-management firm when the movie Blood Diamond was released to educate the public about diamonds and to ________
A) prevent a significant sales loss during the holiday season B) restrict the import of conflict diamonds to the U.S. C) promote a rare diamond only available for a limited time D) counter claims made by the film's actors during interviews E) eliminate studio concerns about the film's premiere in Africa
The biggest advantage of a product layout is its flexibility to handle a varied product mix
Indicate whether the statement is true or false
What is the purpose of the assessment phase of training?
A. To establish indicators of success in training as well as on the job B. To design the environment to achieve the objectives of the training program C. To define what it is the employee should learn in relation to desired job behaviors D. To choose methods and techniques carefully and deliver them systematically