An indirect channel appears to be better than a direct channel when product customization is important

The future value of a single sum is determined by multiplying the future value factor by its present value.

a. true b. false

A firm plans to use a defensive core strategy of optimize position, with the strategic objective of maximizing profits. Which of the following strategies is the firm most likely to implement as a part of its core strategy?

A) enter new related markets B) reduce market focus C) develop new markets D) divest for cash flow E) harvest for cash flow