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Choose the letter of the best answer. Write the answer on a separate sheet of paper. 1.These are individuals/group of individuals who buy goods and services for personal and business use. а. Consumer с. Government b. Creditors d. Suppliers 2.The capability of a company to produce or increase output when resources are added is called Profitability Scalability 3.Busine ss is a legal entity that is separate and distinct from owner. Autonomy Durability c. d. а. b. Autonomy Durability Profitability Scalability а. с. b. d. 4.Ford and Toyota sells the same products; it evident that there is a Competition Distribution а. c. Alliance b. d. Threats 5.Competitive advantages can also be gained by business that seeks association or cooperation with other business: Alliance Defensive strategy Differentiation а. с. b. Cost leadership d. 6. ndividual or firms who desire products and services in the market for consumption or business. а. Consumers Government b. Creditors d. Supplier 7. Which does not belong to the group? Close-Up Colgate Head and Shoulders а. c. d. A strategy that businesses use to distinguish themselves apart from their competitors. b. Нарее 8. Differentiation Allian ce c Defensive Strategy d. Cost Leadership a. b. 9. This method occurs when a business is able to offer the same quality product as its competitors and sell it at a lower price. а. b. C. Defensive Strategy d. Cost Leadership Differentiation Allian ce 10. The advantage gained by this type of strategy is that it allows the business to further dstance itself by using defensive method.

Choose the letter of the best answer. Write the answer on a separate sheet of paper. 1.These are individuals/group of individuals who buy goods and services for personal and business use. а. Consumer с. Government b. Creditors d. Suppliers 2.The capability of a company to produce or increase output when resources are added is called Profitability Scalability 3.Busine ss is a legal entity that is separate and distinct from owner. Autonomy Durability c. d. а. b. Autonomy Durability Profitability Scalability а. с. b. d. 4.Ford and Toyota sells the same products; it evident that there is a Competition Distribution а. c. Alliance b. d. Threats 5.Competitive advantages can also be gained by business that seeks association or cooperation with other business: Alliance Defensive strategy Differentiation а. с. b. Cost leadership d. 6. ndividual or firms who desire products and services in the market for consumption or business. а. Consumers Government b. Creditors d. Supplier 7. Which does not belong to the group? Close-Up Colgate Head and Shoulders а. c. d. A strategy that businesses use to distinguish themselves apart from their competitors. b. Нарее 8. Differentiation Allian ce c Defensive Strategy d. Cost Leadership a. b. 9. This method occurs when a business is able to offer the same quality product as its competitors and sell it at a lower price. а. b. C. Defensive Strategy d. Cost Leadership Differentiation Allian ce 10. The advantage gained by this type of strategy is that it allows the business to further dstance itself by using defensive method.

Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter17: Financial Markets
Section: Chapter Questions
Problem 1SCQ: Answer these three questions about early-stage corporate finance: Why do very small companies tend...
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Choose the letter of the best answer. Write the answer on a separate sheet of paper. 1.These are individuals/group of individuals who buy goods and services for personal and business use. Government Suppliers а. Consumer С. b. Creditors d. 2.The capability of a company to produce or increase output when resources are added is called Profitability Scalability 3.Business is a legal entity that is separate and distinct from owner. Autonomy Durability c. d. а. b. à. Autonomy Durability Profitability Scalability С. b. d. 4.Ford and Toyota sells the same products; it evident that there is a а. Competition c. Alliance b. Distribution d. Threats 5.Competitive advantages can also be gained by business that seeks association or cooperation with other business: Alliance Defensive strategy Differentiation а. C. b. Cost leadership d. 6. Individual or firms who desire products and services in the market for consumption or business. а. Consumers с. Government b. Creditors d. Supplier 7. Which does not belong to the group? Colgate Close-Up а. C. d. A strategy that businesses use to distinguish themselves apart from their competitors. b. Head and Shoulders Нарее 8. Defensive Strategy Cost Leadership a. Differentiation C. b. Alliance d. 9. This method occurs when a business is able to offer the same quality product as its competitors and sell it at a lower price. Defensive Strategy Cost Leadership а. Differentiation C. b. Allian ce d. 10. The advantage gained by this type of strategy is that it allows the business to further distance itself by using defensive method.
Transcribed Image Text:Choose the letter of the best answer. Write the answer on a separate sheet of paper. 1.These are individuals/group of individuals who buy goods and services for personal and business use. Government Suppliers а. Consumer С. b. Creditors d. 2.The capability of a company to produce or increase output when resources are added is called Profitability Scalability 3.Business is a legal entity that is separate and distinct from owner. Autonomy Durability c. d. а. b. à. Autonomy Durability Profitability Scalability С. b. d. 4.Ford and Toyota sells the same products; it evident that there is a а. Competition c. Alliance b. Distribution d. Threats 5.Competitive advantages can also be gained by business that seeks association or cooperation with other business: Alliance Defensive strategy Differentiation а. C. b. Cost leadership d. 6. Individual or firms who desire products and services in the market for consumption or business. а. Consumers с. Government b. Creditors d. Supplier 7. Which does not belong to the group? Colgate Close-Up а. C. d. A strategy that businesses use to distinguish themselves apart from their competitors. b. Head and Shoulders Нарее 8. Defensive Strategy Cost Leadership a. Differentiation C. b. Alliance d. 9. This method occurs when a business is able to offer the same quality product as its competitors and sell it at a lower price. Defensive Strategy Cost Leadership а. Differentiation C. b. Allian ce d. 10. The advantage gained by this type of strategy is that it allows the business to further distance itself by using defensive method.
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