The ________ is average, constant probability that the system will be in a state in the future
A) transition probability
B) state of the system
C) steady-state probability
D) transition matrix
Answer: C
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A broad differentiation strategy is generally not suitable for attaining a competitive advantage when
A. buyer needs and preferences are too diverse to be fully satisfied by a standardized product. B. products of rivals are weakly differentiated. C. few rivals are pursuing a similar differentiation approach. D. there are many ways to differentiate a product or a service and many buyers perceive these differences valuable. E. technological change is fast-paced and competition revolves around rapidly evolving product features.
Where would one be able to find the documentation of the contents of a Congressional debate?
A) U.S. Capitol Hill Reporter B) Congressional Record C) Congressional Daily News D) Title 3 of the Code of Federal Regulations
New brands will have an established personality.
a. True b. False
Pan American Pancake House, Inc., a U.S. firm, and Wallaby Waffles, Ltd., an Australian firm, enter into a contract that does not have a forum-selection or choice-of-law clause. Litigation between Pan American and Wallaby over a dispute involving this contract may occur in
A. Australia only. B. Australia or the United States, but not both. C. Australia, the United States, or both. D. the United States only.