As it pertains to new product characteristics, the superior position a product enjoys over competing products if consumers believe it has more value than other products in its category is referred to as
A. observability.
B. competitive advantage.
C. compatibility.
D. product preference.
E. superiority.
Answer: B
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Which of the following is an example of a variable component of a payroll system?
a. hours worked b. Medicare tax rate c. rate of pay d. social security number
Products Uno, Dos, Tres, and Quatro have contribution margins of $2, $3, $4, and $5, respectively, and require 1.5, 2, 2.5, and 3 machine hours per unit, respectively. Assuming that all units produced could be sold and that total machine hours per month are limited, on which product should the company concentrate its efforts?
a. Dos b. Quatro c. Uno d. Tres
In an ethical decision-making workshop, what benefit would writing narratives based on the seven classical virtues have over writing narratives based on real-life ethical scenarios that occurred to employees?
a. promoting faster consensus building b. allowing for more creative thinking c. preventing name-calling and contention d. highlighting a greater sense of common mission
The unspoken language cannot tell the international manager something that the spoken language does not.
Answer the following statement true (T) or false (F)