Reference no: EM132198186
1. Which of the following influences pricing?
consumer perceptions
consumer demand
government regulations
all of the above
2. If a firm is operating in a relatively stable market and wants to consistently produce a product or service with great precision, it will likely
adopt a taller structure.
adopt a shorter structure.
adopt a matrix structure.
adopt a virtual structure.
3. Which of the following small-business ownership approaches is the most difficult option?
forming a cooperative
obtaining a franchise
buying an existing business
starting from scratch
4. The company’s _____ consists of all of the functions required to transform inputs into outputs along with the business functions that support the transformation process.
value chain
productivity
supply chain
critical path
5. Which of the following is a factor considered in shaping the distribution mix?
customer needs and expectations
segmentation, targeting, and positioning
competitors’ distribution channels
all of the above