When a contract is formed, each party obtains certain ____________________ that will be enforced in a court of law

Fill in the blank(s) with correct word


rights

Business

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According to Michael Porter, the suppliers in an industry enjoy bargaining power when ________

A) there are many suppliers to choose from B) their products or services are not differentiated C) their products or services carry low switching costs D) their businesses are not threatened by alternative products

Business

According to Hamel and Prahalad, which of the following approaches is being utilized by a company that gains access to the know-how developed by other companies through licensing agreements, joint ventures, or partnerships?

A) collaborating B) searching for loose bricks C) building layers of advantage D) changing the rules of engagement

Business

Describe how nonstore retailing is expected to grow in the coming decade

What will be an ideal response?

Business

How does customer service help business marketers?

What will be an ideal response?

Business