At one point Heinz made ketchup in multiple colors including red, green, purple, pink, orange, and teal. While they were popular for a few years, consumers stopped buying the unusual colors and Heinz has dropped back to just making red ketchup. This is an example of the implementation of a _____ strategy.
A. repositioning
B. cannibalization
C. product line extension
D. product line contraction
E. divestment
Answer: D
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Organizations with hierarchical cultures are described as
A. both internally and externally focused and valuing flexibility. B. internally focused and valuing flexibility. C. internally focused and valuing stability and control. D. externally focused and valuing flexibility. E. externally focused and valuing stability and control.
Carlie contracted to purchase an entertainment center while she was 16 . She can ratify the contract the following year
a. True b. False Indicate whether the statement is true or false
Which of the following is true regarding the labeling of food imported into the U.S.?
a. Labeling of food imports is not required on the part of grocery stores or restaurants. b. All grocery stores must label certain products, including unprocessed beef and pork, with the country of origin; but restaurants are exempt. c. Grocery stores and restaurants, with no exceptions, must inform customers of the country of origin of certain products including beef and pork. d. Grocery stores must label certain products, including unprocessed beef and pork, with the country of origin; but restaurants and some retail grocery stores with sales under a certain amount are exempt.
In contract law, intent is determined by thepersonal or subjective intent, or belief, of a party
Indicate whether the statement is true or false