By being first to market a product, the venture:
A. tends to lose customer loyalties to late entrants.
B. secures access to important sources of supply.
C. loses out to switching costs.
D. can sell its products and services at a higher price.
Answer: B
You might also like to view...
In composing a résumé, it is best to avoidc
A) using the word "I". B) active verbs. C) prepositions. D) past-tense. E) bulleted lists.
The ______________________________ approach forces the users to learn the new system because the old system is not available to fall back on
Fill in the blank(s) with correct word
Which of the following is not one of the reasons auditors should consider the use of CAATs?
A. ISACA standards require IS auditors to obtain sufficient, reliable, and relevant evidence, and should perform appropriate analysis of this evidence. B. GAAS requires auditors to gather sufficient and appropriate evidence in the course of audit field work. C. The IIA professional practices state that auditor must consider the use of technology-based auditing tools when conducting audits. D. GAAP stipulates that audits should be performed using tools and techniques appropriate to the evidence being reviewed.
Answer the following statements true (T) or false (F)
1. The Seal of Geneva represents the Official Seal of the City of Geneva. 2. From the perspective of a consumer, quality refers to the value gained by buying a product or service at the lowest possible price. 3. Empathy is the price of a product relative to the service associated with it. 4. Service durability is one of the dimensions on which customers evaluate service quality. 5. Performance cost is a category of quality costs.