The most appropriate strategy for a firm that wants consumers to see it as a specialist with a clear, specific position in the market is a(n) ________
A) full-line strategy
B) limited-line strategy
C) undifferentiated strategy
D) upward line stretch
E) downward line stretch
B
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Drew's company imports materials and parts into a free trade zone (FTZ) within the United States and then has the finished products imported into the United States. Her company will most likely:
A. not have to pay tariffs on the products while they are in the FTZ B. incur higher labor costs than other domestic companies C. have to pay tariffs based on the value of both the parts and the materials D. not be able to store finished goods in the FTZ E. have to pay tariffs based on the value of the raw materials when they leave the country
Which of the following is correct if an underwriter is selling stock to the public at $40 per share, the underwriter receives a $3 per share spread, 2 million shares are sold, and the issuing firm receives $111 million from the underwriter?
A. The underwriter's spread was greater than $3 B. The issue appreciated in price immediately C. The issue included 3 million shares D. The stock was issued on a best efforts basis