If a firm's competitive strategy is to be a cost leader, then business activities need to be developed to provide essential functions at the lowest possible cost

Indicate whether the statement is true or false

TRUE

Business

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What is the best rule for salespeople to follow when choosing a wardrobe?

A) Business casual is acceptable in all corporate environments. B) The salesperson should dress more formally than the client. C) Men should wear blazers, and women should wear heels and skirts. D) Salespeople should mimic the type and style of clothing worn by customers. E) Clothing has no impact on job performance when salespeople act professionally.

Business

The criterion of realism is also called the Laplace criterion

Indicate whether the statement is true or false

Business