O-MY-U once had a winning team in every college sport. But athletes graduate and fortunes change. Attendance at the games dropped when the team had a losing season. Bob and Shirley found it difficult to attract enough guests to their bed-and-breakfast to cover their costs. How would Michael Porter explain this?
A. The focus strategy was imitated.
B. Demand disappeared.
C. The target segment lost its uniqueness.
D. New firms subsegmented the industry.
Answer: B
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A) call plan B) sales quota C) sales contest D) bonus plan E) straight commission
Adam is back in the job market after five years of employment at his former company. What should he emphasize most in his résumé?
a. His work experience b. His education c. His salary history d. His professional affiliations
A yield curve that reflects relatively similar borrowing costs for both short-term and long-term loans is called as ________
A) normal yield curve B) inverted yield curve C) flat yield curve D) lognormal curve
A contract prepared on a standard form and offering terms on a take-it-or-leave-it basis is called:
A) exculpatory. B) a usurious contract. C) an illegal restraint of trade. D) an adhesion contract.