For your business to be successful you will need a strategy for beating the competition, i.e., your ________.
A. competitive advantage
B. customer analysis
C. target market
D. market analysis
Answer: A
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Contrast the viewpoints for and against social responsibility. Which leading economist argued against social responsibility?
What will be an ideal response?
Which of the following is a major advantage of the market organization?
A) The company is organized around the needs of specific customer segments. B) The company exploits bleeding-edge technologies to keep ahead in the market. C) The company has a flat organizational structure. D) The company allows its salespeople to settle into a specific territory. E) The company caters to a single, small market segment.
For which type of merchandise would a company most likely use the specific identification method of inventory costing?
A) Gasoline held in storage tanks B) Cases of bottled water C) Fine jeweler D) Barbie dolls
Dondi contracts to buy a custom espresso maker from Caffee Specialties, Inc, for $4,500, but Caffee fails to deliver. Dondi buys the appliance else-where for $5,500 . Dondi's measure of damages is
a. $1,000. b. $1,000 plus incidental damages. c. incidental damages only. d. $0