Competitive retailers can sell the same popular-national brands. Which of the following should retailers do to secure a competitive advantage?
A. Increase its merchandising flexibility.
B. Prevent its customers from comparison shopping.
C. Limit its store traffic to qualified buyers.
D. Develop private-label brands.
E. Increase its sales expenses.
Answer: D
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In 1990, the United States and its allies imposed trade embargoes on exports/imports to/from Iraq in response to its invasion of Kuwait. The embargoes would induce smaller losses in Iraq's consumer surplus the
a. lesser its initial dependence on foreign products. b. less elastic Iraq's demand schedule. c. lesser the available output from alternative suppliers. d. more inelastic Iraq's supply schedule.
Which of the following is a difference between phone interviews and virtual interviews??
A) In a phone interview, the candidate meets individually with a number of different interviewers, whereas in a virtual interview, interviewees meet face-to-face with only one interviewer.? B) ?In a phone interview, an interviewer meets with an interviewee and follows a predetermined agenda, whereas in a virtual interview, there is a free-wheeling exchange of ideas between an interviewer and an interviewee. C) ?Phone interviews are a form of stress interviews, whereas virtual interviews are a form of series interviews. D) ?Phone interviews are often used to narrow the pool of applicants who will be invited for in-person interviews, whereas virtual interviews help widen the applicant pool.
The distinguishing feature of a corporation is that:
A) a corporation is a legally defined, artificial being, separate from its owners. B) there are no legal differences between the corporation and its owners. C) it spreads the liability for its corporate obligations to all shareholders. D) it provides limited liability only to small shareholders.
Who said, "Subprime mortgages can be productive and fruitful. We just have to put boundaries in place"?
a. CEO of Citigroup b. CEO of Merrill Lynch c. North Carolina's Attorney General d. Alan Greenspan