When considering competitive strategy, organizations must acknowledge that the threat of substitute products or services is due to rivalry among existing firms
Indicate whether the statement is true or false
TRUE
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The element of the marketing mix that describes a means of communication between the seller and buyer is known as
A. the place or distribution. B. a product. C. promotion. D. advertising. E. the price.
A spiral development process recognizes the value of returning to an earlier stage to make improvements before moving forward
Indicate whether the statement is true or false
According to the Institute of Management Accountants (IMA) Statement of Ethical Professional Practice, under the Integrity Standard, each member has the responsibility to:
a. Communicate information fairly and objectively. b. Keep information confidential. c. Mitigate actual conflicts of interest. d. Maintain an appropriate level of professional competence.
Which of the following is true of the United States Overseas Private Investment Corporation (OPIC)?
A. It is run by the Agency for International Development. B. It is an example of a private insurer of companies. C. It functions both as a bank and insurer. D. It does not provide expropriation coverage.