In General,a Company Should Enter Only Segments in Which It

question 144

Multiple Choice

In general,a company should enter only segments in which it can ________ and ________.

• A) offer lower prices; ship faster
• B) offer superior value; gain advantages over competitors
• C) offer superior value; ship faster
• D) gain advantages over competitors; mass market its products
• E) offer lower prices; develop customer loyalty

---

Definitions:

Nonexempt

Pertaining to employees who are covered by minimum wage and overtime pay protections under the Fair Labor Standards Act.

Fair Labor Standards Act

A United States law that sets minimum wage, overtime pay eligibility, recordkeeping, and child labor standards for employees in the private sector and government.

Employee Development

A planned effort to provide employees with the knowledge, skills, and abilities needed to accept new and more challenging job assignments within the company.

Challenging Job Assignments

Tasks or projects at work that are particularly difficult, requiring significant effort, skill, or creativity.