Intense rivalry among existing firms can result in:
A) the introduction of new products or services.
B) lower profit margins as competitors jockey for position.
C) decreased capacity.
D) Both A and B.
D
Business
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Joanna, a local farmer, is affected by the operations of Wooster Inc. because she buys the products manufactured by the company. This indicates that Joanna is a _____.
A. stakeholder B. change steward C. strategic architect D. business ally E. strategic partner
Business
Social cognitive theory is most strongly associated with which of the following concepts?
A) punishment B) modelling C) partial reinforcement D) extinction E) delayed reinforcement
Business