A strategic alliance is a cooperative strategy in which firms combine some of their resources to create a competitive advantage.

Answer the following statement true (T) or false (F)


True

Business

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Which of the following statements holds true for the purchase of staple merchandise?

A. Staple merchandise is purchased using a continuous replenishment system by monitoring sales and generating replacement orders. B. The main objective of staple merchandise buying is to be as close to out of stock as possible. C. Buyers often do not reorder additional merchandise after placing the first order. D. The staple merchandise buying system requires more experienced buyers. E. Buyers for staple merchandise categories have much less flexibility in correcting forecasting errors.

Business

Web 2.0 includes each of the following except:

a. social networking b. static web pages c. podcasting d. user-generated video sites e. blogs

Business

The best way for manufacturers to control prices is by using an exclusive distribution system

Indicate whether the statement is true or false a. True b. False

Business

For a(n) ________ put option, the higher the stock price, the lower the value of the option

A) American B) European C) Asian D) A & B

Business