List one advantage of using trucks for transportation and one disadvantage
What will be an ideal response?
Answer: The advantages of trucks include flexibility for any distance distribution, fast service, and dependability. A disadvantage is increasing truck traffic raising safety and courtesy concerns. With more than 3 million drivers, trucks haul more than two-thirds of all tonnage carried by all modes of U.S. freight transportation.
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Global products cannot be converted into global brands
Indicate whether the statement is true or false
With respect to competitive advantage, share followers with above-average profits ________
A) have lower relative product quality B) have lower levels of capacity utilization C) have lower levels of price, and unit margin D) invest less aggressively in marketing as a percentage of sales, in comparison with competitors E) invest more in research and development (R&D) as a percentage of sales