A routine flight from LaGuardia Airport to Will Rogers Airport may have passengers that have paid radically different ticket prices. These prices fluctuate based on an approach called yield management

Indicate whether the statement is true or false.

Answer: TRUE

Business

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Which of the following specifies the portfolio of new products that a company will try to develop?

A) Competitive strategy B) Product development strategy C) Marketing and sales strategy D) Supply chain strategy

Business

Which of the following is true in regards to competitive intelligence?

A) The Economic Espionage Act makes it illegal to steal any material that a business has taken "reasonable efforts" to keep secret. B) The Society of Competitive Intelligence Professionals urges strategists to stay within the law and to act ethically when searching for information. C) The Society of Competitive Intelligence Professionals states that illegal activities are foolish because the vast majority of worthwhile competitive intelligence is available publicly via annual reports, websites, and libraries. D) A number of firms hire consultants with questionable reputations who do what is necessary to get information when the selected methods do not meet SPIC ethical standards or are illegal. E) all of the above

Business