A market segment is less attractive when ________

A) there are few aggressive competitors in the segment
B) it is difficult for new entrants to enter the segment
C) it contains powerful suppliers who can control prices
D) substitute products are unavailable in the segment
E) buyers in the market segment have weak bargaining powers


C

Business

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Give three examples of probing questions that could be asked by someone selling new cars. Students' answers will vary based on their creativity. Examples include "What kind of car do you picture yourself driving?" "How do you plan to use the car?" "What kind of sacrifices are you willing to make so that your car will not add to pollution problems?" "What kinds of cars do your family and friends drive?" "What made you think you might want to own this model of car?"

What will be an ideal response?

Business

Answer the following statements true (T) or false (F)

1. An example of a single-channel, multi-phase queue is a drive-thru at a limited-menu fast-service facility. 2. In waiting line discussions, channel means server. 3. In waiting line discussions, phase means average length of time spent in line. 4. The best queue type to use is the one guests prefer, even if service is slower in that type of queue. 5. Mathematically determining the relationship between the service provider’s capacity and the average waiting time for the guest can allow the organization to find the ideal balance between the two.

Business

It is going to cost $80,000 a day simply to house and feed a construction crew in the farthest reaches of northern Alaska. This would be an example of a situation requiring reducing the project duration due to

A. Incentive contracts. B. Imposed project deadlines. C. Unforeseen project delays. D. High overhead. E. Time to market.

Business

Who wrote that nonprofit organizations require a multifaceted, flexible approach to management?

A. Christine Letts B. Bill Shore C. Robert Herman D. Helmut Anheier

Business