Firms that compete in the global marketplace typically face two types of competitive pressure:
A. pressures for increasing investment and pressures to minimize consumer surplus.
B. pressures for labor skill enhancement and pressures to minimize economies of scale.
C. pressures for cost reductions and pressures to be locally responsive.
D. pressures for global promotions and pressures to move down the efficiency frontier.
E. pressures for product standardization and pressures to move up the experience curve.
C
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It came to your attention that your great-grandmother had signed a contract pursuant to which she would be paying $5000 for an electronic organ that retails in reputable stores for $3000. Furthermore, the interest being charged is 18%, even though today's rate fell to a 20-year low. This debt is totally out of line with her pension income. It is apparent that she was misled by the door-to-door salesman who came to her place. On these facts, which of the following laws is the most likely to help her?
A) Undue influence only B) Unconscionability only C) Misrepresentation only D) Non est factum E) Both unconscionability and misrepresentation
The Knights of Labor scored a major 1885 strike victory against the Burlington and Northern Railroad
Indicate whether the statement is true or false