________ are resources required to successfully compete in an industry
A) Strategically valuable assets
B) Technological leader strategies
C) Process innovations
D) Product innovations
A
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K&G Restaurant Supplies sells paper products and commodity items such as flour to for-profit businesses. It charges a substantially lower price to companies that operate multiple locations such as a restaurant chain. It charges a higher price to small or independent operations because they are less profitable customers. What is K&G Restaurant Supplies engaging in?
a. unfair trade practices b. price fixing c. bait pricing d. price discrimination
American Airlines runs a series of television commercials that show its personnel going out of their way to help customers. In addition to consumers, an important secondary audience for these ads is (are)
a) the FAA. b) airline competitors. c) bus line customers. d) American Airlines employees. e) American Airlines shareholders.