Answer the following statements true (T) or false (F)
1. Successful managers must have two skills or qualities: management ability and a service orientation.
2. The ability to imagine a future market opportunity that is currently unpopulated with competitors is called “Blue Ocean Strategy.”
3. Some companies employing a low-price strategy still provide excellent customer service.
4. When evaluating an organization’s core competencies, customers must first be informed about the results of previous surveys.
1. False
2. True
3. True
4. False
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Which statement is an INCORRECT description of convenience sampling?
a. It is a relatively easy and inexpensive sampling method. b. Little data of value are collected by this method. c. Preliminary studies have successfully employed this method. d. This method is governed by tight restrictions.
The concentration among competing players in a market and the extent to which one or a few large producers dominate this market helps us understand what?
a. The degree of governmental intervention b. Whether competing in a market is economically and strategically profitable c. The capital that needs to be invested by the market follower d. None of the above
A determinant has a single numerical value
Indicate whether the statement is true or false
A shareholder's right to inspect corporate books and records is unlimited.
Answer the following statement true (T) or false (F)