If your company, which is a market follower, was labeled as an imitator, what would its primary strategies for meeting competition be?
What will be an ideal response?
The imitator copies some things from the leader but maintains differentiation in terms of packaging, advertising, pricing, or location. The leader does not mind the imitator as long as the imitator does not attack the leader aggressively.
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Jane, a successful store manager, leads her employees by encouraging them and showing that she genuinely believes in them. She also encourages group and team efforts. Jane manages at Kohlberg's _____ level of personal moral development.
A. unconventional B. nonconventional C. conventional D. postconventional E. preconventional
You take out an installment loan to purchase a sailplane costing $34,100. You make a down payment of $8,600 and finance the balance by making monthly payments of $1,176.72 for 24 months. Use the APR formula to find the APR.
A. 12.52% B. 8.65% C. 9.99% D. 4.15%
Which of the following statements about Chinese consumers is generally true?
A. Chinese consumers tend to be very conscientious about saving money B. Chinese consumers are more willing to pay more for products that are consumed in private than in public C. Chinese consumers tend to not buy luxury products D. Chinese consumers are not price sensitive E. Chinese consumers prefer to pay by credit card
Identify actions you should take when publishing minutes.
What will be an ideal response?