Which of the following would be classified as an opportunity in a SWOT analysis of Fun-Spot?
A) A rival amusement park announces plans to open three new rides next season.
B) A new luxury hotel is being constructed in the area, with the aim of attracting more high-spending families on vacation.
C) Ron and Gail have paid off the mortgage on Fun-Spot, significantly reducing their monthly expenses.
D) Fun-Spot employees tend to be enthusiastic and young, projecting an image of fun and vitality.
E) Fun-Spot plans to further diversify its offerings by beginning a two-week summer camp for elementary school students.
B
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Which of the following has been put forward as a critique of the RBV?
a. A problematic view of knowledge b. Lacking a theory of a firm c. A tautological argument d. All of the above
Beyond the sheer value of the goods and services they generate, small businesses make a powerful contribution to the U.S. economy in terms of:
A. merging billion-dollar corporations. B. powering the stock market. C. creating new jobs. D. accounting for all private sector output.
Because of the significant investment many companies have in the products they sell to customers, they must develop and maintain adequate varieties of products to meet their customers' needs. This is called
A. just-in-time. B. order processing. C. inventory management. D. merchandise stocking. E. logistical management.
What is business intelligence?
What will be an ideal response?