Jiffy Lube provides only lubricants, but it provides them to all kinds of people with all kinds of motor vehicles. This is an example of how a strategic position can result from serving the few needs of many customers.

a. True
b. False

a. True

Business

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What is a corporate bond?

(A) Another name for corporate stock. (B) A high-risk investment in the proceeds of a corporation. (C) A bond issued by a corporation as a way to borrow money. (D) A bond issued by a local government but sold by a corporation.

Business

Corporate strategy should affect the way a firm deploys an accounting information system

Indicate whether the statement is true or false.

Business