Advertising agencies work for the media.

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


False

Agencies don't work for the media or the suppliers. Their moral, ethical, financial, and legal obligation is to their clients. Agencies are morally obligated to work for the best interest of their clients.

Business

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A disadvantage of firms that successfully integrate overall cost leadership and differentiation strategies is that they are relatively easy for competitors to imitate.

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

Business

Nintendo, producer of the Wii video game console, might define its competitors as other makers of physically interactive video games

But from a(n) ________ point of view, it would include all firms making physically interactive recreational products. A) industry B) market C) segment D) niche E) interdependent

Business

Discuss three major ways in which managerial and entrepreneurial decision making differs. 

What will be an ideal response?

Business

Municipalities generally divide their land into districts according to the land's present and potential future uses

a. True b. False Indicate whether the statement is true or false

Business