Steve Jobs and Apple achieved tremendous successes with iMac, iPhone, iPad by:
A. Developing and producing these products in foreign locations
B. Outsourcing the development and production to other companies
C. Developing and producing both hardware and software
D. Mimicking, with great speed, its rivals and competitors
C. Developing and producing both hardware and software
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All of the following are likely to be effective at eliminating a recessionary gap except one. Which is the exception?
a. Reducing Social Security payments to beneficiaries b. Reducing personal income taxes c. Increasing government expenditures on the interstate highway network d. Increasing farm subsidies e. Reducing corporate income taxes
To maximize market share managers need to maximize profits
Indicate whether the statement is true or false