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 109 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?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The human body produces and destroys 15 million blood cells every second.

For a complete list of videos, visit our video library