Commoditization - Study guides, Class notes & Summaries

Chapter 01 Globalization True / False Questions 1. Globalization refers to the shift toward a more integrated and interdependent world economy. True False 2. Tastes and preferences of consumers in different nations are beginning to converge on some global norm. True False 3. A company has to be a major multinational corporation to facilitate, and benefit from, the globalization of markets. True False 4. Because of globalization, companies rarely need to customize marketing strategies...

Solution Manual For Business Research Methods, 14th Edition By Pamela Schindler || All Verified Chapters (1 - 17 || Complete Newest Version 2024 A+ Business Research Methods, 14e Instructor’s Manual Copyright © 2022 by McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-1 Chapter 1 Research Foundations and Fundamentals SMARTBOOK This is a, digital version of Business Research Methods, which can be ac...

MBA Final Exam QUESTION AND CORRECT ANSWER strategy - CORRECT ANSWER-where should we compete and how? integrated set of choices that positions the business in its industry so as to generate superior financial returns over time, Strong strategy is consistent, aligns with intended business model and positioning, How a business performs in its environment compared to competitors purpose and goal of strategy - CORRECT ANSWER-create a competitive advantage, determines where to engage wi...

Chain Management Final T/F A United Nations (UN) commission defined sustainable development as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs." - TRUE The UN introduced a framework identifying economic, environmental, and social sustainability as the "three pillars" of sustainable development. T/F - TRUE Walmart started its focus on sustainability as a defensive move given the criticism it was receivi...

Revenue Management Final Exam Questions with Correct and Verified Answers Revenue - Correct answer The total amount of sales achieved in a specified time period" "Revenue is calculate as: - Correct answer Number of Units Sold x Unit Price" "Effective managers of an organization's revenues MUST do three things - Correct answer 1. Understand the importance of revenue management 2. Understand the many complex factors that influence revenue management strategy and tactics 3. Beco...

CISA EXAM 1|45 Questions with Verified Answers 1. An IS auditor should expect which of the following items to be included in the request for proposal (RFP) when IS is procuring services from an independent service provider (ISP)? A References from other customers B Service level agreement (SLA) template C Maintenance agreement D Conversion plan - CORRECT ANSWER The answer is A An IS auditor should look for an independent verification that the ISP can perform the tasks being ...

Hospitality Revenue Management final exam review Question & Answers What is the industry term used to describe the sum of prices paid by a business's customers? - Correct answer total revenues" "Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - Correct answer costs" "What is an algebraic equivalent of the formula: Sales = Costs + Profit? - Correct answer profit=sales-costs" "What is the name for the net value achieved by b...

Global, Chapter 4(correct answers) 2023 guaranteed success. SWOT - CORRECT ANSWER-Strengths, Weakness, Opportunity, Threats VIRO - CORRECT ANSWER-Value, rarity, imitability, organization Resource (capabilities) - CORRECT ANSWER-The tangible and intangible assets a firm uses to choose and implement its strategies Tangible resources and capabilities - CORRECT ANSWER-Assets that are observable and easily quantified Intangible resources and capabilities - CORRECT ANSWER-Assets that are ha...

True or False: The government intervenes to thwart anticompetitive behaviors throughout the marketplace. - True True or False: A natural monopoly exists where a single large firm, such as utility, is more efficient than several small ones. - True True or False: When all the costs and benefits of a good or service are fully internalized or absorbed by producers or consumers, those costs or benefits fall elsewhere as externalities. - False True or False: Negative Externalities are those i...

Hospitality Revenue Management chapter 8-11 Travel Wholesaler - Answer- A large-volume travel industry intermediary who sells to other, smaller-volume travel intermediaries. Global Distribution System (GDS) - Answer- A group of companies that electronically connect travel-related businesses such as airlines and hotels with those individuals and companies seeking to buy from them Internet Distribution System (IDS) - Answer- The group of online reservation systems and travel portals...