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NEW QUESTION: 1
A. Option A
B. Option B
C. Option D
D. Option C
Answer: B,D
NEW QUESTION: 2
Market-skimming pricing strategies could be appropriate when:
A. Competitors can easily enter the market.
B. The costs of producing a small volume are low
C. No buyers want the product at a high price.
D. The product is of poor quality.
Answer: C
Explanation:
Market-skimming pricing is used when a new product is introduced at the highest price possible given the benefits of the product. For market skimming to work, the product must appear to be worth its price, the costs of producing a small volume cannot be so high that they eliminate the advantage of charging more, and competitors cannot enter the market and undercut the price.
NEW QUESTION: 3
Your company has an intranet site that is hosted on Microsoft SharePoint Online.
You need to ensure that a new employee has read-only access to the site.
What should you do?
A. Add the user to the Visitors group of the site.
B. Add the user as a Site Collection Administrator to the site.
C. Create a security group with the same name as the site and add the user to the group.
D. Add the user to the Members group of the site.
Answer: A
NEW QUESTION: 4
Strategic choices in an emerging industry are inherently subject to great uncertainty and risk with regard to competitors, industry structure, and competitive rules. Accordingly, a firm considering entry into an emerging industry:
A. Must be prepared for responding vigorously to competitors' moves.
B. Is least likely to be able to shape the industry structure at this stage.
C. May enjoy such benefits of pioneering as experience advantages and early commitment to suppliers.
D. Has little need to be concerned with industry cooperation.
Answer: C
Explanation:
Timing of entry is a critical choice. Pioneering firms face high risk but low barriers and may earn high returns. The following are factors favoring early entry:pioneering improves the firm's reputation, the learning curve (experience) advantage is important and will persist, customer loyalty will be high, and cost advantages (through early commitment to suppliers or distributors) can be secured.
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