Franz Colruyt has achieved low-cost leadership through:
A) effective use of voice mail.
B) plastic, not paper, shopping bags.
C) background music that subtly encourages shoppers to buy more.
D) converting factories, garages, and theaters into retail outlets.
E) exclusive use of the Euro.
D
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There are several preferred trading arrangements in Latin America which include all of the following except:
A) SICA. B) the Andean Community. C) CARICOM. D) Mercosur. E) BRIC.
Through ________ competition, competitors offer different products, attempting to satisfy the same consumers' needs and wants
A) discretionary income B) product C) brand D) monopolistic E) oligopolistic
Team resource management is training to develop competencies so a team can operate effectively under _________ conditions.
a. stressful b. unsafe c. changing d. uncertain
The _____ strategy of the firm is concerned with how the firm will compete in each product-market or industry once they have been chosen.
a. business-level b. functional-level c. corporate-level d. transitional-level