Although it is useful to have knowledge of current events knowledge, it is not a key technical skill

Indicate whether the statement is true or false


FALSE

Business

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A market nicher is considered to be a(n) ________ specialist if the firm specializes in producing a certain type of product or product feature such as Rent-a-Wreck, that rents only "beat-up" cars

A) end-user B) vertical-level C) customer-size D) channel E) product-feature

Business

The relationship between the normal point and the crash point is assumed to be

A. Curvilinear. B. Linear. C. Variable. D. Conversely related. E. Exponentially related.

Business

Process-focused facilities and repetitive facilities generate forward-looking schedules, but process-focused facilities do this with JIT and kanban while repetitive facilities generally use MRP

Indicate whether the statement is true or false

Business

WalMart realizes a _____ using its relationships with suppliers to give customers low prices and good customer service.

A. brand name strategy B. niche competitive advantage C. cost competitive advantage D. marketing competitive advantage E. synergistic competitive advantage

Business