Strategic groups are firms in different industries following the same or similar strategies.
Answer the following statement true (T) or false (F)
False
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Identify an argument that supports the policies aimed at protecting domestic business and domestic jobs.
A. The social contract logic states that since businesses receive benefits from the society in which they operate, they owe that society certain duties in return. B. According to the economic and utilitarian argument, such policies will increase overall happiness as goods and services will become more affordable. C. If the goal of business is jobs and economic development, the location of a corporate headquarters is much more important than the location of operations and supply chains. D. Such policies put governments, rather than consumers, in the position of choosing winners and losers in the marketplace.
To evaluate the different target segments your company is considering, you would look at all of the following factors EXCEPT which one?
A) segment size B) segment growth C) segment reachability D) company culture E) company resources
The work breakdown structure involves identifying the ________ for each activity
A) time B) cost C) resource requirements D) predecessors E) All of the above
In the context of small businesses, which of the following is an alternative for improving profits?
A. Increasing the productivity of people and machines B. Removing a summer product from a winter line of products C. Selling products on the basis of price alone D. Buying all components of a product from the outside