Karlee needed to pick up some toothpaste from the store. She was surprised to find that the store was out of her usual brand, Crest. Rather than go to another store, she decided to buy a tube of Colgate instead. In this example, Colgate represents
A. a disposable product.
B. indirect competition.
C. an unsought good.
D. lateral competition.
E. a substitute product.
Answer: E
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An auditor's opinion that the company's financial statements fairly represent the company's financial position, the results of its operations, and the change in cash flows for the period under audit, in conformity with generally accepted accounting
principles is referred to as a(n) ________. A) disclaimer of opinion B) adverse opinion C) qualified opinion D) unqualified opinion
Which of the following is a drug-testing policy that employers follow when testing current employees?
A. Testing the employees only in cases of substance abuse B. Testing the employees only in cases of probable cause C. Testing the employees only when they are not on duty D. Testing the employees only after getting consent from their immediate family members
Whitley 1999 identifies three ideal types of National Business Systems. They are ______.
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Atangadi is a strategist who wants to decide on the appropriate strategy to help his firm "go global." Which of the following should he consider while choosing his strategy?
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