Which of the following modes of transport is likely to be used for transporting low-value bulk commodities such as petroleum, grain, coal, and chemicals by inland waterways?
a. barges
b. small boats
c. large ships
d. yachts
a. barges
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You have an idea for a company that sources fruits from local farms and makes fresh juices on a daily basis. You want to start a subscription-based service in which households within a 100-mile radius subscribe to your plan and receive two gallons of freshly squeezed juice (for example, cherry juice, apple juice, lemonade) twice a week. As you think about starting your business, you ask yourself: How rare is the service I am offering? How valuable is it? Can I organize the company to maximize my advantages in the marketplace? After asking these questions, review and identify which question from VRIO did you forget to ask?
A. Is the resource or capability valuable? B. Is the resource or capability currently controlled by only a few firms or no other firms? C. Is the firm organized to exploit the resource of capability? D. What values should be emphasized? E. Is the resource or capability costly for other firms to imitate?
______ is a data-mining technique used to predict future behavior and anticipate the consequences of change.
A. Data digging B. The decision tree C. Decisions by trends D. Predictive modeling E. GIGO
When someone screens and then manipulates a message from a sender before passing it on to the intended receiver, that person has ______ the message.
A. filtered B. strained C. differing perceptions D. overloaded
The market follower has the second-largest market share in a particular market, following the
market leader. Indicate whether the statement is true or false