Which of the Following Is Not an Element of Rugman

question 9

Multiple Choice

Which of the following is not an element of Rugman and D'Cruz's flagship model?

• A)key suppliers
• B)key customers
• C)key consumers
• D)selected competitors
• E)focused differentiation

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Definitions:

Default

Failure to fulfill a financial obligation, such as not making scheduled loan payments, leading to potential legal consequences or credit score impact.

Shirking

The act of avoiding or evading work and responsibilities, often in employment contexts.

Incentive Contracts

Contracts that promise a certain payback as a result of achieving set performance targets, thereby motivating the involved parties to reach specific outcomes.

Monitoring

The continuous or regular observation and recording of activities or processes for the purpose of ensuring compliance with standards or progress toward objectives.