When a new product or a new retail chain steals customers and sales from older existing ones of an organization, it is referred to as
A. product appropriation.
B. marketing Darwinism.
C. cannibalization.
D. amortization.
E. product pilfering.
Answer: C
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Vintage, one of the largest companies in the United States, produces a vast range of goods which includes cameras, home appliances, and personal-care products
The company also competes vigorously in the services market by managing a number of hotels and hospitals. Vintage entered the real-estate industry in the last decade and proved to be a success in that field too. Considering the vast range of products and services Vintage sells, which sales-force structure would you consider appropriate for the company? Explain the reasons for your answer.
A government protects its citizens when they are abroad in the following way:
A. A government can assert the rights of its citizens and that its laws follow its citizens, no matter where they are (extraterritoriality). B. Government embassies can provide information and emergency assistance, monitor and where appropriate, make protests. C. Politicians can influence how a foreign country's rules are applied to its own nationals. D. A powerful country can send in the marines to protect citizens.
Define the concept of time orientation. What are its implications for project leadership behavior?
What will be an ideal response?
You decide you want your child to be a millionaire. You have a son today and you deposit $10,000
in an investment account that earns 7% per year. The money in the account will be distributed to your son whenever the total reaches $1,500,000. How old will your son be when he gets the money (rounded to the nearest year)? A) 74 years B) 49 years C) 60 years D) 82 years