The major activity in strategic planning is ________, whereby management evaluates the products and businesses that make up the company
A) SWOT analysis
B) benchmarking
C) business portfolio analysis
D) breakeven analysis
E) prospecting
C
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Which statement is true about a hashing structure?
a. The same address could be calculated for two records. b. Storage space is used efficiently. c. Records cannot be accessed rapidly. d. A separate index is required.
Product differentiation refers to the way a product is defined by consumers on important attributes—the place the product occupies in consumers' minds relative to competing products
Indicate whether the statement is true or false
What is a sales territory? What are the major reasons for forming sales territories?
What will be an ideal response?
How much time is a customer expected to spend waiting in line and being checked out?
The local grocery store consists of two cashiers. The customers arrive at the checkout according to the Poisson distribution and the service times are based on negative exponential distribution. The average customer service time is 4 minutes and the average time between the arrivals of successive customers is 3 minutes. Assume that customers equally divide themselves between the two cashiers.