Pepsi is a manufacture\'s brand and Sam\'s choice cool is a anew that made by ou

Question

Pepsi is a manufacture's brand and Sam's choice cool is a anew that made by outside companies and sold by Wal-Mart as a house brand. manufacture's brand private brand mass produced brand If you were interested in starting a business in a given industry what is would you want to collect about it? Whether it's growing (that is. whether revenues are going up) Who your competitors are How your product differs from those of your competitors Whether companies in it are profitable all of the above Before making a substantial investment in the development of a product, you need to determine there are enough customers willing to buy it at a price at which you can make a profit. True False All of the following are ways to internally protect your trade secrets (, .e., your secret cooks are EXCEPT: locked doors locked file cabinets need to know basis full access Nondisclosure Agreement are major accomplishments over long period of time. goals objectives tactical plans c full access opportunities Social responsibility is_. the obligation of a business to contribute positively to society & the firmer s state hold the application of right and wrong a formal written document that defines the ethical standards the ethical norm that applies to all people in a society

Explanation / Answer

Q19 - c. they get less moeny for the sale .

intermediaries and distributors earn a fixed margin on sale of products. Their not getting less money is not the advantage of the intermediaries.

Q20 - True

Electronic Communication networks and Nasdaq are examples of Organised exchange types.

Q21 - b. Profits

the four types of goods services utilities are form, time, place and possession. Profit is not a utility

Q22 - d. All of the above.

When starting a business, the owner need to know about the growth potential, profitability, competitor analysis, and products differentiaiton, own strengths, weaknesses, opportunities and threats.

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