Businesses pursuing a __________ strategy focus on a narrow market segment or niche.
A. cost leadership
B. differentiation
C. specialization
D. growth
E. psychological
Answer: C
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Which of following functions should be segregated?
a. opening the mail and making the journal entry to record cash receipts b. authorizing credit and determining reorder quantities c. maintaining the subsidiary ledgers and handling customer queries d. providing information on inventory levels and reconciling the bank statement
According to the text, bibliographies are organized alphabetically ________
A) by author B) by title C) by company D) by topic E) by date
It's usually easier to convince customers to adopt a continuous innovation than a discontinuous innovation
Indicate whether the statement is true or false
Which of the Following statements is False?
a. Finding ways to improve quality or to reduce costs is a function of the Research and Development component. b. The Value chain identifies the set of activities that convert inputs into products and services for customers. c. Acquiring and assembling resources to manufacture a product is a function of the Production component. d. Providing an 800 number for customers who have questions or need service is a function of the marketing component.