Goods or services in slow-cycle markets reflect:
a. organizations that serve a mass market.
b. numerous first mover advantages.
c. an inability to sustain a competitive advantage for long periods of time.
d. competitive advantages that are shielded from imitation.
D
You might also like to view...
Which of the following is not an indicator that the seller may need to constrain recognition of variable consideration?
A) Uncertainty will not resolve until far into the future. B) Based on much experience with the customer, the seller anticipates a more-than-remote chance that the receivable will prove uncollectible. C) The seller lacks experience selling similar products. D) Uncertain amounts are susceptible to important factors beyond the seller's control.
Prestige pricing entails giving most of the value to the customer and retaining a small margin
Indicate whether the statement is true or false