Alistair is in the business of making office products for schools and colleges. Alistair realizes that there are many other firms manufacturing similar products. Why does Alistair require risk management? A. to cover his risk of product liability B. to cover the risk of stiff competition C. to cover expenses of raw material D. to cover expenses incurred to maintain their ethical standard

In general, as long as the number of firms that possess a particular valuable resource or capability is less than the number of firms needed to generate perfect competition dynamics in an industry, that resource or capability can be considered and a potential source of competitive advantage. answers: valuablerareinimitableun-substituta ble

Kando company incurs a $9 per unit cost for product a, which it currently manufactures and sells for $13.50 per unit. instead of manufacturing and selling this product, the company can purchase product b for $5 per unit and sell it for $12 per unit. if it does so, unit sales would remain unchanged and $5 of the $9 per unit costs assigned to product a would be eliminated. 1. prepare incremental cost analysis. should the company continue to manufacture product a or purchase product b for resale? (round your answers to 2 decimal places.)

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication