Question 1
In general, profit potential of an organization decreases with ________.
◦ lesser competition and stronger potential entrants
◦ greater competition and stronger potential entrants
◦ lesser competition and weaker potential entrants
◦ greater competition and weaker potential entrants
Question 2
Magic Corporation manufactures water toys. It plans to grow by producing high-quality water toys that are delivered in a timely manner. There are a number of other manufacturers who produce similar water toys. Magic believes that continuously improving its manufacturing processes and re-engineering processes to downsize and eliminate excess capacity are critical to implementing its strategy. Which of the following best describes Magic's strategy?
◦ product differentiation
◦ product leadership
◦ cost differentiation
◦ cost leadership
Municipal Water Treatment Plant
Global Water Stress
The structure of liquid water
EAT YOUR WATER
Water provides adequate hydration
Introduction of Water to Mantle Rock