Multiple Choice
A new entrant to the business copier field will have to find and motivate dealers to add another model to their assortment or develop their own distribution and sales system.This is a barrier to entry derived from:
A) Economies of scale
B) Cost disadvantages unrelated to size
C) Government policy
D) Product differentiation
E) Access to distribution channels
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Profits are the economic rewards to a
Q3: In terms of SWOT analysis,strengths include:<br>A) Access
Q4: Something that consistently creates and refines its
Q5: A business strategy can exhibit different levels
Q6: Analyzers:<br>A) Have inconsistent product mix<br>B) Lack a
Q8: The strategy that aims to serve new
Q9: Patent protection is a barrier to entry
Q10: Define SWOT analysis.Briefly describe its characteristics with
Q11: Typically,the firm's purpose and the justification for
Q12: Essentially,the mission statement justifies the organization's existence.