The Hernandez brothers manufacture trailers that are used by lawn service companies. The company was started in Texas by their father with one production site and four sales and service locations. Since the sons took over, they have expanded in the last 12 years to include 26 sales and service centers throughout the southeast. In this case, the company is most likely using a generic business strategy based on ________.
A. product differentiation
B. stability
C. growth
D. retrenchment
E. diversification
Answer: C
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In fixed-period ordering technique, ______.
a. the order interval is fixed b. the order quantity is variable c. both A and B d. neither A nor B
Larry is a corn farmer. To attempt to maximize the value of his crop, Larry is most likely to benefit from
A) selling his crop at the market price when it is harvested. B) buying a futures contract on corn for delivery at harvest time. C) selling a futures contract on corn for delivery at harvest time. D) buying a futures contract on corn and selling a futures contract on wheat.
Partners in a partnership owe each other:
a. direct interest responsibility b. a duty to contribute direct assets c. a fiduciary duty d. a duty of ordinary care e. none of the other choices
If during an advertising campaign a certain portion of advertising runs continuously, and then during specific periods additional advertising is used to intensify the level of communication, a(n) ____ media schedule is being used.
A. interval B. alternating C. flighting D. continuous with emphasis E. pulsing