Which of the Following Statements Is True

question 14

Multiple Choice

Which of the following statements is true?

• A)The average profiles for profitable high-share and profitable low-share businesses are almost identical.
• B)A low-share business with above-average customer value is more profitable than a high-share business with below-average customer value.
• C)A low-share niche business's prices are slightly above the average relative price index of 100.
• D)Profitable low-share niche businesses tend to have a wide product breadth.
• E)Profitable low-share niche businesses tend to spend more on advertising relative to the competition.

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Definitions:

Aquatic Predators

Organisms that live in water environments and obtain their energy and nutrients by hunting and consuming other aquatic organisms.

Radiolaria

Heterotrophic single-celled protists with a porous shell of silica and cytoplasmic extensions.

Foraminifera

Heterotrophic single-celled protists with a porous calcium carbonate shell and cytoplasmic extensions.