In a successful ________ strategy, the trade-offs between differentiation and low cost are reconciled.
A. divestment
B. focused differentiation
C. blue ocean
D. liquidation
Answer: C
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Which of the following statements is true of the North American Industry Classification System (NAICS)?
A. It was developed by the Federal Trade Commission (FTC). B. It is a classification system developed by the United States. C. It uses an eight-digit classification system. D. It is limited in its use to only manufacturing companies. E. It was created to collect data on North America's business activity.
Answer the following statements true (T) or false (F)
1.Tina has a child age 10 and the two of them live with Tina’s boyfriend, Erik. Both Tina and Erik contribute to the family’s welfare. This is an example of a single-parent family. 2.How one family member behaves affects how every other family member behaves, both in and out of the family setting. 3.Because family members are interdependent, they constitute a system. 4.The principle of summativity tells us that the whole is greater than the sum of its parts. 5.Because they are made up of people, and people change as they age, families are continually dealing with change.
Consider Figure 6.2. As a result of the South Korean subsidy, Mexicans find their consumer surplus
a. rising by $160. b. rising by $220. c. falling by $160. d. falling by $220.
Secondary data sources may be internal or external
Indicate whether the statement is true or false