As a firm grows, higher volume increases production efficiency and increases its bargaining power with suppliers.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Which of the following steps is typically the next step after establishing specific objectives and allocating resources in the strategic retail planning process?
A. Defining the business mission B. Evaluating performance and making adjustments C. Developing a retail mix to implement the strategy D. Conducting a SWOT analysis E. Identifying strategic opportunities
Advertisements for which of the following product categories would merit a continuous advertising timing pattern the most?
A) air conditioners B) life insurance C) breakfast cereal D) automobiles E) holiday package tours
Businesses create a lot of knowledge for their owners and that knowledge has no intrinsic value.
Answer the following statement true (T) or false (F)
All of the following are part of the e-commerce readiness index except
A. number of PCs per 1,000. B. mobile phones per 1,000. C. Internet host per million people. D. electricity consumption.