What is the term for there being no relationship between demands for various items?
Fill in the blank(s) with the appropriate word(s).
independent demand
In independent demand, the demands for various items are unrelated to each other.
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Which of the following represents communication at a group level?
A. A manager addressing his project team in a meeting B. An employee discussing a new technology with his coworker C. A company publishing its annual report on the company website D. An organization advertising its product in magazines
Capacity utilization is defined by which of the following ratios?
a. Effective capacity/actual output b. Effective capacity/design capacity c. Actual output/effective capacity d. Design capacity/effective capacity
Jargon is the buzzword for proper behavior on the Internet
Indicate whether the statement is true or false
When the market for standalone Global Positioning System (GPS) devices declined with the arrival of GPS-enabled mobile phones, Magnet Inc., a manufacturer of GPS devices, bought out most of its rivals that were planning to exit. This allowed the company to get rid of all the excess capacity and acquire a monopolistic market power in the declining industry. Which of the following strategies has Magnet adopted in this scenario?
A. differentiation strategy B. consolidation strategy C. maintain strategy D. harvest strategy