One way to increase market share is to lower prices, and the best way to lower prices is to _____.

A. reduce costs
B. outsource jobs
C. promote self-training
D. update to latest technologies


Answer: A

Business

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The type of buyer-supplier relationship in which buyers and sellers make many relationship-specific adaptations, but without necessarily achieving strong trust or cooperation is termed as ________

A) customer is king B) mutually adaptive C) collaborative D) contractual transaction E) customer supply

Business

Which of the following statements about Internet resources is correct?

a. Resources must be reliable and credible to appear on the Internet. b. Internet resources may be used without concern for copyright, since materials must be cleared for posting before appearing on the Internet. c. Because of the vast material available on the Internet, the technologically capable business researcher no longer needs to rely on traditional library research. d. Partial text of articles and documents are often available via the Internet, while full texts may only be available in published form.

Business

All doctors are held to the same standard of professional care, wherever they locate their practice

Indicate whether the statement is true or false

Business

In a world with no taxes, Modigliani and Miller (MM) show that a firm's capital structure does not affect its value. However, when taxes are considered, MM show a positive relationship between debt and value, i.e., the firm's value rises as it uses more and more debt, other things held constant.

Answer the following statement true (T) or false (F)

Business