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.

---

Definitions:

Stakeholders

Individuals or groups that have an interest or stake in the outcome of a project, initiative, or company.

Corporate Shareholders

Individuals or entities that own shares in a corporation and have potential financial gains or losses depending on the company's performance.

Supply Chain

The entire process of producing and delivering a product or service from the supplier's supplier to the customer's customer.

Socially Responsible

An approach to conducting business that takes into account ethical values, society's well-being, and the environment.