Answer:
The correct answer is letter "A": True.
Explanation:
<em>Recruitment evaluations</em> are typically designed to gauge the skills, knowledge, and expertise of applicants. Most of the time, they are created considering the different types of tasks employees have within the organization and their hierarchy in the firm.
However, <em>if those evaluations are schemed to require the same set of skills for managers and lower hierarchy employees, the tests are likely to help evaluate applicants for different positions under the same parameters.</em>
Answer:
d. price competition is especially vigorous, buyers have low switching costs, and the majority of industry sales are made to a few, large volume buyers.
Explanation:
Michael Porter specified 4 generic strategies for gaining competitive advantage, which are namely,
1. Cost Focus
2. Differentiation Focus
3. Cost Leadership
4. Differentiation
Cost leadership refers to charging lowest price and attaining cost advantage in the industry.
Differentiation refers to designing products with unique attributes.
Striving to be low cost provider would be most attractive when the buyers have low switching costs i.e it is easier and cheap to switch between products and wherein buyers are large and exercise considerable bargaining power.
Thus, the correct option is (d). price competition is especially vigorous, buyers have low switching costs, and the majority of industry sales are made to a few, large volume buyers.
Answer:
Bakeries are known for turning raw goods into things like bread
Industrial goods are type of goods that includes raw materials used to produce other products. They are physical items used by companies to produce other products. Derived demand is the consumer demand for consumer goods. On this derived demand is based the d<span>emand for </span>industrial goods.
