Cross-sectional data are data on a population at a distinct point in time, whereas time series data are data collected over time
a. True
b. False
Indicate whether the statement is true or false
True
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______ that provide appropriate rewards and feedback, and that encourage a collaborative environment, tend to possess a more creative culture.
A. Organizations B. Work groups C. Coordinators D. Supervisors
____________ lies where the product has a strong feature in an area that is important to the target and the competition is weaker.
a. Position b. Competitive advantage c. Differentiation d. Brand position e. Brand equity
Discontinuity of merchandise is a characteristic of both factory outlets and membership clubs
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
11. Blackberry and Kodak are examples of companies who were able to successfully change their business models in order to adapt to changes in the market. 12. Procter & Gamble didn’t need to change its business model to accommodate the success of the Swiffer brand because it fit squarely with its existing model. 13. The business model is just about revenue and costs. 14. The all-benefits approach is the most impactful approach for creating a value proposition because of its large focus on the product. 15. There are 10 components of the business model canvas.