If benefits from a product are not correctly matched with the product’s price, then ______.
A. the product is likely to succeed
B. the product’s life cycle is likely to be extended
C. this may be a violation of government regulations governing product launch
D. the product is doomed to failure
D. the product is doomed to failure
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Joe and Arthur each own a chain of restaurants. In order to ensure successful restaurants, Joe and Arthur enter into an agreement that Joe will open his new locations in Kansas City but not St. Louis and Arthur vice versa. This is an example of
A. boycotts. B. price-fixing. C. market allocation. D. tying agreements.
Electronic authorization privileges for cash transactions may be best assigned to individuals based on which of the following?
a. Roles and activities falling within appropriate segregation of duties. b. Identification cards with picture identification. c. Encrypted passwords memorized by employees. d. The principle of "absolute knowledge".
To protect consumers, some states have passed "Plain English" laws that require businesses to write policies, warranties, and contracts in language an average reader can understand
Indicate whether the statement is true or false
Why is sustainable competitive advantage so important to a winning business strategy?
What will be an ideal response?