________ refers to a plant asset that is no longer useful in producing goods or services with a competitive advantage because of new inventions and improvements.
Fill in the blank(s) with the appropriate word(s).
Obsolescence
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It is wise to use the account segmentation approach in a market with heterogeneous needs.
Answer the following statement true (T) or false (F)
Market circumstances that make a focused low-cost or focused differentiation strategy attractive are characterized by
A. intense competition from industry leaders in the niche or focused segment. B. an industry has few or no segments and market niches, thereby precluding the choice of an attractive niche suited to a company's resource strengths and capabilities. C. high costs or increased difficulty for multisegment rivals to meet the specialized needs of the target market niche and at the same time satisfy the expectations of their mainstream customers. D. few, if any, rivals are attempting to specialize in the same target segment. E. a target market niche that is too small to be profitable and offers low growth potential.
Which of the following is not a condition for conduct of employees to be protected under Section 7?
a. It must be for the purpose of collective bargaining. b. It must be concerted. c. It must be for the purpose of mutual aid or protection. d. It must concern employees acting individually.
Shark fin soup is a favorite Thai food. When a San Francisco-based organization claimed that the leading producer's soup contained mercury poison, its sales plummeted. The popularity of this soup in Thailand represents a(n) _____ factor while Thailand's lax enforcement of environmental protection and consumer protection regulations are a(n) _____ factor.
A. economic; technological B. social; technological C. social; political and legal D. competitive; economic E. social; technological