Which of the following principles of competitive advantage is associated with product implementations?
A. raising barriers to market entry
B. establishing alliances
C. locking in suppliers
D. differentiating service offerings
E. locking in customers
Answer: D
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The symbol ? is used to represent the
A. variance of the population. B. standard deviation of the sample. C. standard deviation of the population. D. variance of the sample.
Which of the following is an example of an action based on an internal assessment?
a. A restaurant adds smoothies to its menu after reading a report that Generation Z consumers appreciate freshness and customizability in menus. b. A restaurant decides to open earlier on weekends after receiving many calls from customers trying to make brunch reservations. c. A restaurant signs up with a third-party delivery service to compete with other restaurants on the service. d. A restaurant decides to sign on and use UBER because all the competitors are increasing their revenue this way and there is no insurance cost to the restaurant.
The concept of corporate social responsibility is imposed on corporations by law
Indicate whether the statement is true or false
In the Economic Manufacturing Quantity model, the annual consumption rate must be higher than the annual production rate
a. True b. False Indicate whether the statement is true or false