Maureen has an ice cream shop in Washington, D.C. One thing that attracts busy people to her shop is that she has perfected a way to make milkshakes and sundaes in half the time her competitors take. Which fundamental driver of success has Maureen emphasized?
A. cost competitiveness
B. quality
C. sustainability
D. knowledge
E. speed
Answer: E
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Roscoe Products produce widgets. Using a(n) ________, they are able to achieve economies of scale by specializing the application of labor to specific and standardized functions.
A. closed design B. organic structure C. open design D. traditional design E. horizontal structure
Bargaining impasse occurs when:
A. either party to negotiations violates the NLRA. B. bargaining partners fail to agree on mutually acceptable terms of employment. C. bargaining partners engage in concession bargaining. D. a new contract is not agreed upon before the old contract expires.
Which of the following statements is true about public relations?
A. Publicity is not part of public relations. B. The most common publicity-based tool is the press conference. C. Marketers cannot control whether the media choose to publish their public relations material. D. Publicity-based public relations do not have limitations. E. Event sponsorship is not an effective public relations tool.
Which of the following would not be a remedy available to the seller on account of buyer's breach?
A) Stop delivery of the goods by the carrier B) Require the financially sound buyer to return the goods C) Recover the price D) Cancel the contract