An Industry Analysis for Manufacturers of a Small Personal Care

question 2

Multiple Choice

An industry analysis for manufacturers of a small personal care gadget observed the following characteristics:
1) Industry sales have grown at 15-20% per year in recent years and are expected to grow at 10-15% per year over the next three years, still well above the economic growth rate.
2) Some US manufacturers are attempting to enter fast-growing non-US markets, which remain largely unexploited.
3) Some manufacturers have created a new niche in the industry by selling directly to customers through mail order. Sales for this industry segment are growing at 40% per year.
4) The current penetration rate in the US is 60% of households and will be difficult to increase.
5) Manufacturers compete fiercely on the basis of price, and price wars within the industry are common.
6) Some manufacturers are able to develop new, unexploited niche markets in the US based on company reputation, quality and service.
7) Several manufacturers have recently merged, and it is expected that consolidation in the industry will increase.
8) New manufacturers continue to enter the market. Characteristics ________ would be typical of an industry that is in the start-up stage.

• A)4 and 7
• B)1 and 4
• C)2 and 5
• D)none of the characteristics listed match the start-up stage

Comprehend the implications of the linguistic relativity hypothesis and language's influence on perception.

Understand the cognitive and memory-related effects of bilingualism and multilingualism.

Grasp the concept of language modularity and its cognitive independence.

Recognize Grice's maxims of conversation and their violations.

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Definitions:

Performance Dimensions

Various aspects or areas in which the performance of an individual or organization can be assessed.

Bilingual Advantage

The cognitive benefits experienced by individuals proficient in two languages, including better attention and task-switching capacities.

Inhibit

To restrain or hinder an action or process.

Intelligence Test

A standardized test designed to measure a person's intellectual capabilities or intelligence quotient (IQ).