Retailers are increasingly using a technique known as efficient consumer response (ECR) in an effort to work more closely with vendors on stock replenishment
Indicate whether the statement is true or false
TRUE
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The four kinds of variables that influence firms' ability to use their country's resources to gain a competitive advantage, according to Michael Porter's diamond model, include _______, __________, related and supporting industries, and firm strategy, structure and rivalry.
What will be an ideal response?
Which of the following statements regarding net margin is not true?
A. Net margin may be calculated in several ways. B. The larger the net margin the better. C. The amount of net margin is affected by a company's choices of accounting principles. D. Net margin refers to the percentage of each sales dollar remaining after all expenses are subtracted.
Scuba AdventuresInc and Tours of the Sea Company decide to consolidate. This corporate combination does not require the approval of
a. Scuba and Tours directors. b. Scuba and Tours officers. c. Scuba shareholders. d. Tours shareholders.
A Business Plan (Scenario)Imagine that you are the owner of a small company that sells corporate gifts through an online store. You employ about 20 people. However, business has slowed down in recent months and you realize that the organization must move in a different direction if it is to survive. You have reset some of the company's overall goals and want to develop a plan to achieve those goals. You are anticipating the business environment to be volatile for the next few years.Considering the characteristics of well-written goals, which of the following would be a well-written goal for the above scenario?
A. To minimize costs, maximize profits, and maximize return on investment. B. To accelerate our growth to the maximum possible level over the next three years. C. To achieve a 25 percent growth in revenue, which is defined as the number of items sold multiplied by their price. D. To invoice merchandise worth $ 200,000, every month, for the next three years.