Which of the following permits employees to make yearly selections to largely determine their compensation package by choosing between taxable cash and numerous benefits?

If consumers rate price at a McDonald's restaurant on a 7-point scale using 1 for Unsatisfactory and 7 for Satisfactory, a mean score of 2.34 would be interpreted as:

a. a satisfactory price. b. a very satisfactory price. c. a neutral price. d. an unsatisfactory price. e. an average price.

The distinct competency of a retailer relative to its competitors is referred to as _____

a. economies of scale b. its cost advantage c. a focused strategy d. its competitive advantage