Author Question: Before sales of its IPad 1 reached their peak, Apple launched the IPad 2, which took sales from the ... (Read 67 times)

ishan · **on:** Jul 14, 2018

Before sales of its IPad 1 reached their peak, Apple launched the IPad 2, which took sales from the IPad 1 but also overtook the sales of its competitors' products. This strategy helped Apple maintain its standing as a leading-edge company in tablet PCs and demonstrates the importance of _____ as a competitive advantage.
A) speed-to-market
B) budgeting
C) event chain methodology
D) elemental cost planning

Question 2

The land of Narnack has very infertile soil but a large supply of oil. What action should Narnack take? Narnack should
A) specialize in the production of crude oil and trade this for grain and other food products.
B) grow food anyway because its people will need it for survival.
C) focus on attracting tourists to its country and thus purchase the needed supplies of food.
D) specialize in the production of food products such as cereals and bread.
E) import oil to satisfy the country's need for gasoline.