Clothing Retailer Zara Gets New Styles into Stores Twice a Week

question 57

Multiple Choice

Clothing retailer Zara gets new styles into stores twice a week. Russell Stover got a line of low-carb candies, called Net Carb, on store shelves within three months after perfecting the recipe, rather than the typical twelve months. These are examples of _____ competition.

• A) convenience-based
• B) cost-based
• C) location-based
• D) time-based

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Definitions:

Type 2 DM

A chronic condition characterized by high blood sugar levels due to insulin resistance and/or a reduction in insulin production.

Insulin

A hormone produced by the pancreas that regulates the amount of glucose in the blood, essential for people with diabetes.

Afford

The ability to bear the cost of or financially manage something.

ADH Deficiency

A condition where there is inadequate secretion of antidiuretic hormone (ADH), leading to diabetes insipidus characterised by excessive thirst and excretion of large amounts of severely dilute urine.