If a Firm Cannot Afford to Do Both, It Will

question 128

Multiple Choice

If a firm cannot afford to do both, it will often favor _________ over __________ because a single customer segment will likely require a variety of products, each of which will have to be designed and manufactured.

• A)product synergies; market synergies
• B)market synergies; product synergies
• C)supplier synergies; consumer synergies
• D)distributor synergies; supplier synergies
• E)manufacturing synergies; marketing synergies

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Definitions:

Work Relationships

The interpersonal connections and interactions that occur between individuals in a professional setting.

Executive Coaching

A personalized developmental process for business leaders to enhance their leadership skills and performance.

Country Club Manager

A professional responsible for overseeing the operation and management of a country club, ensuring members' satisfaction and the facility's profitability.

Human Relations

Human relations encompasses the interactions and relationships between individuals in a business or social setting, emphasizing mutual respect and understanding.