CAR MINI CASE: in the Early 1900s, Henry Ford Made

question 31

Multiple Choice

CAR MINI CASE: In the early 1900s, Henry Ford made a fortune manufacturing Model T cars and selling them cheaply, making the automobile affordable for a much larger proportion of the population than had previously been the case. He accomplished this by producing only one model of car and doing so cheaply and at high volumes through the utilization of assembly line manufacture. In 1923, General Motors decided to increase its market share in the automobile industry by offering, instead of just one model, as Ford did, a variety of affordable mass-produced models to meet the various differing needs of different types of consumers.
-In the CAR MINI CASE, by offering a variety of cars to choose from, General Motors was able to differentiate itself from Ford by demonstrating to consumers that it could offer ________.

• A) organizational buying power
• B) compelling consumer research
• C) an effective marketing mix
• D) a unique selling proposition
• E) significantly lower prices

Understand the principles and consequences of eviction, including constructive and partial eviction.

Analyze the ramifications of discrimination within tenancy agreements.

Understand tenant's rights to make alterations and the implications of doing so.

Understand the concepts of joint tenancy and how property ownership works among married couples and co-owners.

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Definitions:

Statement

A general term for any kind of financial report or declaration made by a company or an individual.

Public Sector Accounting Board

A body responsible for setting accounting standards for governmental and other public sector entities.

Tax Revenue

Income that the government receives from taxpayers, including both individuals and businesses, used to fund public services and obligations.

Tax Concessions

Special exemptions, deductions, or credits provided in the tax code to encourage certain business activities or investments.