Decisions about how to respond to the economic forces of product markets and labor markets limit an organization's choices about:

Which of the following are among the common competitive strategy options?

a. best-cost provider strategy b .broad differentiation strategy c. overall, or broad, low-cost provider strategy d. differentiated unfocused strategy

Common-size balance sheets are balance sheets of companies with almost identical total assets

(within 2% of each other). Indicate whether the statement is true or false