Based onstatistics from the U.S. Small Business Administration,small businesses comprise 49.9% of all businesses in the United States.
Answer the following statement true (T) or false (F)
False
Based on statistics from the U.S. Small Business Administration, small businesses comprise 99.9% of all businesses in the United States. See 7-6: Small Business and the Economy: An Outsized Impact
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Two methods to acquire information systems are to __________________________ and to __________________________
Fill in the blank(s) with correct word
_______ is the process of studying how to exploit a business's resources to achieve short-term and longterm marketplace success, deciding on a course of action to pursue, and flexibly updating it as learning occurs during implementation
a. Crafting market strategy b. Operational effectiveness c. Strategic positioning d. Strategy
Group decision making is particularly helpful in
A) gaining acceptance and commitment for a decision. B) avoiding conformity in thinking. C) arriving at quick decisions. D) ensuring that everybody makes a fair contribution.
Factors that lead to a low-cost position also provide substantial entry barriers to substitute and new products as is demonstrated by the retailer, Aldi, whose focus on minimizing costs across the entire operation permits it to position well against competitors such as Walmart.
Answer the following statement true (T) or false (F)