What Competitive Strategy Did Bark 'N Leash Learn from Observing Posts

question 17

Multiple Choice

What competitive strategy did Bark 'N Leash learn from observing posts of competitors' Facebook and Instagram sites?

• A)establishing locations
• B)learning about competitor weaknesses in customer service, marketing, and operational skills
• C)learning the different areas where dog walking was allowed
• D)hours of service

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Definitions:

Variable Cost

A cost that varies directly with the level of production or volume of output, as opposed to fixed costs, which remain constant regardless of activity level.

Direct Labor

The wages of employees who are directly involved in the production of goods or services.

Direct Materials

Raw materials that are used directly in the manufacturing of a product and can be directly attributed to the product.

Borrowing

The act of receiving something with the intention to return it, often referring to money from a lender under agreed terms.