Which of the following is an advantage to being a market follower?
a. Reputational effects
b. Switching costs
c. Opportunity for skimming
d. Lower development costs
e. Experience effects
D
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Convenience Store Chain Emails Good News You are the vice president of operations for a large convenience store chain that is located throughout approximately half of the United States. The chain has undergone some tough financial times, but sales from
the first quarter have exceeded expectations. The company had planned to sell $600 million in merchandise during the quarter and instead sold $650 million. The Western Region was largely responsible for the increase in overall company sales. George Winter, the director of the Western Region, ran a sales promotion contest that boosted his sales results by 20 percent. The contest, called "Just Ask!" required all participants to conduct suggestive selling of merchandise infrequently purchased by customers, such as milk, juice, and bread. The winning district in the contest received $1,000 in prize money, to be split among employees in that store. Required: Write an email message to all employees that conveys the good news and congratulates George Winter.
A column has low cardinality if it contains many distinct values
a. True b. False Indicate whether the statement is true or false