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puteri [66]
2 years ago
14

A producer's market means higher prices. True False

Business
1 answer:
ahrayia [7]2 years ago
6 0
The answer is True .
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Which one of the following statements about strategic groups and strategic group mapping is false?
katrin2010 [14]

Answer:

B. Part of strategic group map analysis always entails drawing conclusions about where on the map is the best place to be and why.

Explanation:

A strategic group is a classification of a companies or businesses in an industry based on their competitive strategy and business model. Variables such as their pricing, and what gives them an edge in competition are considered. Strategic group map analysis(used in identifying strategic groups) pays attention to where a business falls in strategic competition and the competitive dynamics of the industry. strategic group map analysis is not concerned with identifying the best competitive position for a business and why it should be in this position

5 0
3 years ago
To be competitive firms must create and sustain core competencies that are in tune with their customer’s order winners (T/F)
Jobisdone [24]

Answer:

The statement is: True.

Explanation:

Order winners are those products that customers recognize of having the minimum requirements so they can consider to purchase them and that are better than their competitors eventually making consumers buy them. Thus, firms must keep core competencies aligned to the customers' order winners.

8 0
3 years ago
Refer to Exhibit 31-4. If a negative externality exists, then curve __________ represents the marginal social cost curve and the
IrinaK [193]

Answer:

Demand

Consumer interference

Explanation:

The social demand curve represents the benefit of demand to the whole society whereas the normal demand curve represents the benefits to the consumers only. The demand curve represents the social cost curve and the market failure is analyzed by the customer interference.

7 0
3 years ago
(1) By early 2008 the U.S. economy was in a significant downturn. The unemployment rate began to
alexandr1967 [171]

Answer:

The economic principle governing the congressional package is known as economic stimuli.

Explanation:

The phenomenon of Economic stimuli is described as a change in economic or fiscal policy to enable economic growth in an economic slump. Some of the other activities may include dropping interest rate or quantitative easing.

7 0
3 years ago
Madison Taylor, RHIA, will be attending an AHIMA conference on information governance Friday from 7:00 PM to 9:00 PM and Saturda
omeli [17]

Answer:

28%

Explanation:

She is an RHIA, which requires 30 hours of continuing education every two-year cycle.

Hence, 8.5/30 = 28.3 =28%( to the nearest whole number).

4 0
3 years ago
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