One of the ways entrepreneurs achieve success is by using resources more efficiently. This is an example of how entrepreneurs use a(n) ________ strategy.
A. differentiation
B. imitative
C. low-cost leader
D. combination
Answer: C
You might also like to view...
Jay’s Catering Company holds tasting events that work as a small business strategic alliance by promoting
A. its combined technological expertise. B. the various cultures in the community. C. other complementary service providers. D. the flexibility of this small company.
The interpretation of results in correspondence analysis is similar to that in principal components analysis
Indicate whether the statement is true or false
In a just-in-time logistics system, ________
A) retailers carry small inventories of merchandise to last for only a few days B) retailers store products for long periods to avoid an interruption in supply C) producers supply products to resellers before customers place their orders D) producers that are geographically far from their retailers use an express-delivery system E) retailers incur high inventory-carrying and inventory-handling costs
Which term refers to combining a question with a discussion of a product's FABs?
A. Marketing mix B. Product dramatization C. Sales presentation mix D. SELL sequence E. SWOT analysis