Steven buys a pair of scissors instead of getting a haircut. he believes the scissors will last for a long time, while the haircut will only last a few weeks. in this case, scissors is a good, while the haircut is a service. why is a haircut considered a service here?

Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.

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Lillypad toys is a manufacturer of educational toys for children. six months ago, the company's research and development division came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. what should lillypad's managers prepare for next? a. increased competition from imitators b. a prolonged period of uncontested success c. a sharp decline in demand for the product d. a difficult struggle to move from invention to innovation