Nate Buys Companies That Are Small or Companies in Financial

question 192

Multiple Choice

Nate buys companies that are small or companies in financial trouble.He helps these companies turn around and develop a competitive advantage.The company that he recently purchased is called Everyone's Way,Inc.The company sells men's clothing and accessories.Everyone's Way keeps the sewing machines for clothes manufacturing at a separate production facility so that the store location space can be reserved for display and selling.
After looking over the different products available,Nate realized that the company's previous owner was not aware of the product life-cycle because the company kept items that were obviously too old and out-of-date.Also,because of the high turnover,employees did not have good knowledge of the different product lines and did not know the difference between a product line and a product mix.To move the company forward,Nate thought of the following two measures: first,developing a new product to incorporate into the product mix;and second,eliminating the out-of-date products.
-Refer to Everyone's Way,Inc.What type of products is sold at Everyone's Way?

• A) Shopping products
• B) Business products
• C) Specialty products
• D) Convenience products
• E) Unique products

---

Definitions:

Feared Stimuli

Objects, scenarios, or situations that evoke a strong fear response in an individual.

Taijinkyofu-sho

A culturally specific syndrome in Japan characterized by an intense fear of offending others through one's body odor or appearance.

Interpersonal Relations

The social connections and interactions among individuals, including how they think, feel, and behave towards one another.

Persistent Fear

An enduring, often irrational sense of dread or apprehension about a specific object, situation, or activity that can significantly impact daily functioning.