Rather Than Competing Head to Head with Established Competitors,many Companies

question 148

Multiple Choice

Rather than competing head to head with established competitors,many companies seek out unoccupied positions in uncontested market spaces.They try to create products and services for which there are no direct competitors.This is called a ________.

• A) "red ocean strategy"
• B) "strategic sweet spot"
• C) "common platform"
• D) "blue ocean strategy"
• E) "strategic platform"

Determine the appropriate communication mode based on the context, urgency, and content of the message.

Utilize social media optimally for networking and business communication.

Understand the various family structures and their advantages or disadvantages.

Analyze the impact of family dynamics on children's psychological development and behavior.

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Definitions:

FOB Shipping Point

A term indicating that the buyer takes ownership and responsibility for goods at the point of departure from the seller's shipping dock.

Freight-Out

Refers to the cost associated with shipping goods to customers, a part of the selling expenses in accounting.

Periodic Inventory System

An inventory system that records inventory levels and the cost of goods sold at specific intervals, rather than continuously.

FOB Shipping Point

A delivery term indicating that the buyer assumes responsibility for the goods and the risk of damage at the moment the goods leave the seller's premises.