Factors that lead to a low-cost position also provide substantial entry barriers to substitute and new products as is demonstrated by the retailer, Aldi, whose focus on minimizing costs across the entire operation permits it to position well against competitors such as Walmart.
Answer the following statement true (T) or false (F)
True
The factors that lead to a low-cost position also provide a substantial entry barriers position with respect to substitute products introduced by new and existing competitors. The extreme focus on minimizing costs across its operations makes Aldi less vulnerable to substitutes, such as discount retailers like Walmart and dollar stores.
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Even large companies use infomercials for all the following reasons EXCEPT to ________
A) recruit members B) refer customers to retailers C) attract buyers to online, mobile, and social media sites D) introduce new advertising campaigns E) sell their products
Acceptance is enhanced in which of the following situations?
a. By involving others in the discussion and thoroughly discussing alignment b. By presenting the change proposal after others have already put forward their ideas c. By keeping the project quiet until the project is formally approved d. By not including people who may resist the initial idea
Answer the following statement(s) true (T) or false (F)
16. According to the authors, the two main parts to the “perfect pitch” are the content and the communication. 17. The authors recommend never leaving a presentation with a request. 18. Branding is the process of creating a name, term, design, symbol, or any other feature that identifies a product or service and differentiates it from others. 19. The drawback of the Twitter approach is that a product can only be pitched via Twitter. 20. Research shows that ten-second first impressions are as powerful as impressions built over a period of months.
The complete removal of dirty data from a source is practical and possible.
Answer the following statement true (T) or false (F)