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:

Global Network Design Decisions

Involve determining the optimal configuration and management of a company's supply chain operations across global markets to enhance efficiency and performance.

Suppliers Availability

The readiness and ability of suppliers to provide the necessary goods and services as demanded by the purchasing organization.

Transportation Services

Services that include the movement of goods and people from one location to another using various modes of transport.

Infrastructure

The fundamental facilities and systems serving a country, city, or area, including the services and facilities necessary for its economy to function, such as transportation and communication systems, water and power lines.