Freeconomics is the leveraging of digital technologies to ________
A) provide high quality products and services at low prices as a business strategy for gaining a competitive advantage
B) provide free product information to customers as a business strategy for gaining a competitive advantage
C) provide dissatisfied customers easy access to business premises and top management of the firm
D) match customer preferences with product features to increase the customer base
E) provide free goods and services to customers as a business strategy for gaining a competitive advantage
E
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A company's strategic planning may have to be done _____ due to frequently changing competition and technology.
A. every five years rather than every two years B. every five years rather than every ten years C. every ten years D. continuously E. closer to every one or two years than every five years
Ben is responsible for the promotions and public relations of his firm, which produces rubber tires. A recent development in technology may change the way in which the rubber for tires is produced, allowing it to be sourced from the roots of dandelion plants. Ben would like to have a story run on the evening news or in the local newspaper about this development, but he knows that this story is likely to be rejected by media personnel because the material is
A. too long. B. written at too high a reading level. C. submitted by an organization that the media does not like. D. not persuasive enough. E. not newsworthy.
An associative entity joins two entities
Indicate whether the statement is true or false
Which of the following questions about the current state of Streeter & Sons would a balance sheet NOT be able to help answer?
A) Is it a good time for the business to grow? B) Can the company survive a season of low revenues? C) Does the company have too many employees? D) Can the company take on more debt? E) What is the value of the company's assets?