This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is an example of a strategy rather than a tactic? A) offering products at ... (Read 64 times)

Metfan725

  • Hero Member
  • *****
  • Posts: 552
Which of the following is an example of a strategy rather than a tactic?
 
  A) offering products at a discount sale price for a short period of time to stimulate demand or win market share
  B) improving a feature of an existing product to help it work better
  C) launching a new product line that is designed to meet the needs of new consumer groups
  D) spending 40,000,000 on a pull advertising campaign for a particular quarter
  E) adding two long-haul trucks to the company's logistics management system

Question 2

Which of the following differentiates monopoly from oligopoly?
 
  A) In an oligopoly, customers have few viable substitutes available; while in a monopoly, customers have many viable substitutes available.
  B) In a monopoly, companies have no influence on price; while in an oligopoly, companies have some control over price.
  C) In a monopoly, competition is based on promotion or on product differentiation; while in an oligopoly, competition can be on price or on differentiation of products.
  D) In an oligopoly, each firm sells a small percentage of the total sold in the market; while in a monopoly, each firm sells a huge percentage of the total sold in the market.
  E) In a monopoly, fewer companies dominate the market; while in an oligopoly many similar firms compete in the market.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ksanderson1296

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

C

Answer to Question 2

C





 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

For a complete list of videos, visit our video library