High Peaks Skate and Snowboard is a small shop that provides equipment for Utah snowboarders in winter months. It has decided to increase advertising during this period in the Salt Lake Tribune and the Park Record in Park City, as well as to sponsor a new on-mountain competition. It is following which strategy?
A. Inducement
B. Defensive
C. Growth
D. Stability
E. Enhancement
C. Growth
A growth strategy is a grand strategy that involves expansion, as in expanding sales revenues, market share, number of employees, or number of customers or (for nonprofits) clients served. In a variation of this strategy, it can increase its promotion and marketing efforts to try to expand its market share.
You might also like to view...
Why do publicly traded companies rely on the positive opinion of shareholders?
A) The SEC is liable to investigate a firm for financial fraud on a moment's notice. B) Firms need to keep demand for the company's stock high and the stock price strong. C) Shareholders consume more of a company's products than non-shareholders. D) Shareholders rarely, if ever, follow corporate business news. E) The financial media are not legally allowed to recommend stocks to investors.
A power of attorney is an example of a(n) ________ agreement
A) agency by ratification B) apparent agency C) express agency D) implied agency
Courts generally impose liability on the accountant when a total stranger gets possession of the accountant's work and then sustains a loss because of a false statement in the work
Indicate whether the statement is true or false
In Bowman v. Monsanto, where Bowman used Monsanto's patented Roundup Ready seeds and, in violation of the contract provided by Monsanto, kept seeds from his crop to use next year so that the seeds had the genetic composition of the Monsanto seeds. The Supreme Court held that the patent had expired by the time of the litigation so the case was moot
a. True b. False Indicate whether the statement is true or false