What is time-based competition?
What will be an ideal response?
Time-based competition is competition that is based on time. It involves rapid development of products and moving them to market. Often, the first company into production may have its product adopted as the "standard."
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Katherine is giving a speech to her boss tomorrow. To prepare, Katherine puts on her conservative jewelry and makeup, her business suit, and a moderate perfume. These are known as
a. emblems. b. illustrators. c. artifacts. d. affect displays.
Which of the following strategies should be adopted by marketers during a recession?
A) increase investment on marketing existing products B) focus on expanding the customer base and not on the retention of existing customers C) focus primarily on price reductions and discounts D) concentrate on communicating the brand value and product quality to consumers E) stick to the budget allocations adopted during the preceding years
In performance appraisal, evaluation of a salesperson’s “tenacity” and “enthusiasm” would be classified as a ______ appraisal.
A. behavior B. trait C. results D. process
President Nixon issued wage-price controls in an effort to stabilize the economy. This use of executive power was
a. an illegal usurption of legislative powers which belong to the Congress. b. a valid use of power based on Article II of the Constitution. c. a valid use of judicial power. d. an illegal usurption of the regulatory powers of administrative agencies.