Incomplete specialization may be caused by
a. increasing opportunity cost.
b. unrestricted trade.
c. constant opportunity cost.
d. decreasing opportunity cost.
a. increasing opportunity cost.
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An employee has a(n) ______________________________ when he (she) has a financial interest (direct or indirect) in a company with which the employer does business
Fill in the blank(s) with correct word
An employer can resolve the concerns related to the "Hawthorne Effect" through:
A. random, anonymous monitoring. B. selective, notified monitoring. C. notified, random monitoring. D. consented, selective monitoring.
A(n) ________ is a purchase made on the spur of the moment without any planning or search effort
A) unsought product B) commodity C) impulse purchase D) emergency product E) shopping product
In analyzing driving forces, the strategist's role is to
A. identify the driving forces and evaluate their impact on demand for the industry's product, the intensity of competition, and industry profitability. B. determine who is likely to exit the industry and what changes can be expected in the industry's strategic group map. C. forecast fluctuations in product demand and how buyer needs will most likely change. D. evaluate what stage of the life cycle the industry is in and when it is likely to move to the next stage. E. predict future marketing innovations and how fast the industry is likely to globalize.