Briefly explain product implementation in competitive strategies
What will be an ideal response?
Organizations gain a competitive advantage by creating new products or services, by enhancing existing products or services, and by differentiating their products and services from those of their competitors. Information systems create competitive advantages either as part of a product or by providing support to a product.
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With closing entries, you would expect to find all of the following except
A) debit Unearned Rent; credit Income Summary. B) debit Sales Revenue; credit Income Summary. C) debit Retained Earnings; credit Dividends. D) debit Income Summary; credit Loss on Sale of Land.
Consumers often rely on decision guidelines, or mental rules of thumb, when weighing the merits of competing brands. These rules are referred to as ________
A) evaluative criteria B) attitudes C) affects D) heuristics E) cognitions
Exchanging business cards is a decades-old tradition within the business community – a tradition that originated in the United States and ________.
a. South America b. Europe c. Asia d. Canada
Describe a joint venture as a business model
What will be an ideal response?