Multiple Choice
Kleo wants to start his own textile business. He believes that the best way to pull customers into buying his product is to be the first to create lightweight woolen jackets that would keep an individual warm and would also look good on the person. He decides to set up his store in the small town of Marida, which has a rough wintery season almost throughout the year. Kleo believes that he will be able to achieve plenty of profits with this idea with a commodity that is a needed all throughout the year. Which of the following statements strengthen Kleo's idea?
A) Kleo requires a colder place than the town of Marida in order to make profits using these woolen jackets.
B) The people of Marida are not ready to welcome any type of commercialism in their town.
C) Kleo feels his customers will not be willing to try out a lightweight jacket as they believe it will not be able to keep them warm.
D) Kleo has access to all the clothing materials that will be needed to create these jackets.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: Define rarity and explain how it creates
Q13: Identify a true statement about dynamic capabilities.<br>A)They
Q14: Differentiate between explicit knowledge and tacit knowledge.
Q15: Which of the following statements is true
Q16: Identify an intangible resource from the following
Q18: Define resources.
Q19: A survey is conducted among the customers
Q20: Which of the following statements is true
Q21: The management at WonderPlanners Inc. wants to
Q22: A firm's advantage becomes stronger if it