In SWOT analysis, which of the following refers to factors in the external environment?
A) strengths
B) strategies
C) weaknesses
D) opportunities
E) situations
D
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Connor, the owner of a start-up, has studied his competitor's offerings, the value delivered by his company's products, and the cost of providing the product to customers. Based on this research, he has set the prices for his products. Because of this, Connor should:
A. not hesitate in overcharging his customers. B. aggressively discount list prices to ensure customer satisfaction. C. focus solely on price throughout his presentation. D. remember that price is the only concern for customers. E. never apologize for the price he quotes.
How can culture affect the application of the main process theories of motivation?
What will be an ideal response?
Which of the following are potential drawbacks of a decentralized federation structure, where a parent company establishes different national subsidiaries?
a. Decisions may be made wholly in terms of local relevancies, which may not always serve the interests of the centre b. Duplication of effort and cost inefficiencies as each periphery replicates functions locally, on a small and more costly scale c. Resistance to innovations from subsidiaries who view themselves as rival centres in the federation d. All of the above
The fact that consumers tend to trust other consumers over corporations and often rely on the recommendations of friends, family, and fellow consumers when making purchasing decisions has fostered the growth of sites like
A. Pinterest. B. Yelp. C. Tumblr. D. Google+. E. Reddit.