If a company wants to gain a competitive advantage in a highly competitive industry, it should ideally

A. copy the strategies of other firms through competitive benchmarking.
B. execute an integrated cost-leadership and differentiation position.
C. provide goods or services similar to its competitors at higher prices.
D. stake out a unique position within the industry.


Answer: D

Business

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If a message is not encoded well, this can lead to a service breakdown and potential conflict.

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

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To be enforceable, most states require that a lease must be in writing if it is for a term of more than ________.

A. three months from the date it is made B. six months from the date it is made C. one year from the date it is made D. one month from the date it is made

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Sammy Strange is convinced that he was kidnapped by the RCMP and satellite receivers

placed in his skull so that the government can eavesdrop on his thoughts. He has conducted research on the internet and has discovered that there are at least 200 other people who have had the same experience. Sammy wishes to commence a class action lawsuit on behalf of himself and all the other victims of the government's conspiracy. Which of the following hurdles is he likely to face in his attempt to commence the action? A) The court will likely not certify the action as it is frivolous B) The court will likely not certify the action until Sammy is examined by a psychiatrist C) The court will certify the action only if Sammy posts a large security bond. D) The court will make an order for summary judgment in favour of the government E) The court will likely not certify the class action unless all the other potential plaintiffs submit to psychiatric testing.

Business

To maintain a suit for the invasion of privacy, a person must have a reasonable expectation of privacy in the particular situation

Indicate whether the statement is true or false

Business