________________ entails reducing the business portfolio by eliminating products that no longer fit the company’s overall strategy.
a. Downsizing
b. Market segmentation
c. Market redesign
d. BCG
e. Product line extension
Answer: a. Downsizing
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Pollution legislation requiring domestic manufacturers to install pollution abatement equipment tends to promote
a. higher production costs and an increase in output. b. higher production costs and a decrease in output. c. lower production costs and an increase in output. d. lower production costs and a decrease in output.
Provide at least three suggestions to help a person become a good listener. Give an example from your own experience of times when either you or your listener violated these suggestions.
What will be an ideal response?
The data from product market competitors are likely to receive greater weight when:
A. employee skills are not specific to the product market B. labour costs are a small share of total costs C. the supply of labour is not responsive to changes in pay D. the level of skill needed to perform the job is high E. product demand is not related to price changes
A purchase discount is the amount offered to the purchaser for delaying the payment to the seller
Indicate whether the statement is true or false