Action Shoes is a company that manufactures shoes. It has a lot of competitors in the market. However, it only builds its strength around market segments that the other companies avoid

It can be said that Action Shoes understands the ________ among its competitors.
A) substitutes
B) suppliers
C) new entrants
D) nature of rivalry

Answer: D

Business

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Florian Fasteners recently introduced a new line of products. In order to promote its product, it sent samples to the addresses of a few select customers. Which of the following types of marketing is evident from this example?

A) direct-mail marketing B) telephone marketing C) direct-response TV marketing D) mobile marketing E) kiosk marketing

Business

Under Taft-Hartley, no employee can present grievances directly to the employer without intervention of the union

Indicate whether the statement is true or false

Business