Briefly explain the difference between selling points and benefits, and then give an example of each
What will be an ideal response?
Answer: Selling points are the most attractive features of an idea or product. Benefits are the particular advantages that readers will realize from those features. The fact that a mobile phone comes with a Bluetooth headset is a selling point, but the convenience the buyer will enjoy because of the headset is a benefit.
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Which is the most challenging kind of supply chain to manage according to Hau Lee?
A. Agile supply chain B. Erratic supply chain C. Efficient supply chain D. Responsive supply chain E. Risk-hedging supply chain
A testamentary trust is created by will and comes into existence on the grantor's death
Indicate whether the statement is true or false
Why is it possible for a corporation to enter into contracts, acquire assets, incur obligations, and enjoy protection against the seizure of its property?
A) The number of owners, and hence the spread of risk among these owners, is not limited. B) Its owners are liable for any obligations it enters into. C) The state in which a corporation is incorporated provides safeguards against any wrongdoing by the corporation. D) It is a legally defined, artificial entity that is separate from its owners.
The use of return on investment (ROI) as a performance measure may lead managers to reject a project that would be favorable for the company as a whole.
Answer the following statement true (T) or false (F)