Which of the following is an accurate statement
Which of the following is an accurate statement about institutional discrimination?
Which of the following is an accurate statement about institutional discrimination? Institutional discrimination often causes the exclusion of minorities due to structural constraints.
Which of the following is accurate statement about learning effects?
It must reduce the firm’s cost below that of its competitors while offering adequate value.
Which of the following is an accurate statement about first impressions quizlet?
Which of the following is an accurate statement about first impressions? After forming an initial opinion, we tend to interpret a person’s behavior in ways that fit our expectations.
Which of the following is an accurate statement about Mohandas Gandhi’s background?
Which of the following is an accurate statement about Mohandas Gandhi? He trained to be a lawyer in England before returning to his country to fight for its independence from England. … Although Gandhi studied in England and was influenced by Western ideas, he rejected the way the British ruled India.
Which of the following best explains why a blue ocean strategy is difficult to implement quizlet?
the intent of a blue ocean strategy is not to be the absolute lowest-cost provider because a blue ocean must also increase perceived value. Which of the following best explains why a blue ocean strategy is difficult to implement? … It combines the benefits of similar strategic positions—differentiation and low cost.
Which of the following describes an airline that is most likely stuck in the middle?
–Just Right Airline is most likely stuck in the middle because it is attempting to reconcile fundamentally different strategic positions—high-quality features with low price. The other airlines consistently follow either a differentiation or low-cost strategy.
Why did East and West Pakistan split into two different countries quizlet?
Why did East and West Pakistan split into two different countries? … Because the country was decided in half. They were both working towards independence, but riots broke out ’cause one country didn’t want to be ruled by the other country. Then 12 million people moved to be with “their” country.
Which of the following is the best explanation of a strategic trade off?
Which of the following best describes a strategic trade-off? delivers low-cost products and services to a specific, narrow part of the market. … increasing the perceived value created for customers, which allows it to charge a premium price.
Which of the following is an example of a focused differentiation strategy?
Some firms using a focused differentiation strategy concentrate their efforts on a particular sales channel, such as selling over the internet only. Others target particular demographic groups. One example is Breezes Resorts, a company that caters to couples without children.
Which of the following is a disadvantage of measuring firm performance?
Which of the following is a disadvantage of measuring firm performance through total return to shareholders and firm market capitalization? Market volatility makes it difficult to assess firm performance through these measures, particularly in the short-term. economic value created.
What is trade-off example?
In economics, a trade-off is defined as an “opportunity cost.” For example, you might take a day off work to go to a concert, gaining the opportunity of seeing your favorite band, while losing a day’s wages as the cost for that opportunity.
Whats the definition of trade-offs?
Definition of trade-off
1 : a balancing of factors all of which are not attainable at the same time the education versus experience trade-off which governs personnel practices— H. S. White. 2 : a giving up of one thing in return for another : exchange. Other Words from trade-off Synonyms Learn More About trade-off.
What is trade-off in economics?
The term “trade-off” is employed in economics to refer to the fact that budgeting inevitably involves sacrificing some of X to get more of Y. With a fixed amount of savings, one can buy a car or take an expensive vacation, but not both. The car can be “traded off” for the vacation or vice versa.
Which scenario is an example of a trade-off?
An example of a trade-off in a real-world scenario is: A family lives on five acres in the country and the parent commutes an hour and a half to work in the city. Although the family loves their home and land in the country, they decide to move into the city, reducing the commute to half an hour.
What are five distribution trade-offs?
The specific trade-offs variables in this study are limited to five. They are transportation cost (C), reliability (R), information systems (I), capacity (V), and insecurity (S). … So, for example, the trade-off between cost and capacity is termed as a CV.
What are the 3 basic trade-offs faced by a society?
Society faces three key trade-offs: what goods and services to produce, how to produce them, and who gets the goods and services. A market is an exchange mechanism (such as a physical structure or a computer network) that allows buyers to trade with sellers.
What are the examples of trade-offs when scarce resources are used?
Your scarce resources force you to make a choice and a trade-off producing one product or another. Tradeoffs: Since resources are scarce for a drink manufacturer, it must make a tradeoff between producing bottles of water and bottles of soda. Like producers, consumers also have to make choices.
How do you identify trade-offs?
In economics, the term trade-off is often expressed as an opportunity cost, which is the most preferred possible alternative. A trade-off involves a sacrifice that must be made to get a certain product or experience. A person gives up the opportunity to buy ‘good B,’ because they want to buy ‘good A’ instead.
What is trade-off in economics quizlet?
Trade-off. an exchange that occurs as a compromise. Opportunity cost. the most desirable alternative given up as the result of a decision. Production possibilities.
What are trade-offs and opportunity costs give examples?
Whenever you make a trade-off, the thing that you do not choose is your opportunity cost. To butcher the poet Robert Frost, opportunity cost is the path not taken (and that makes all the difference). You bought that bike? Then the snowboard was your opportunity cost.
What must be true for a resource to not be scarce?
What must be true for a resource to not be scarce? Question: What must be true for a resource to NOT be scarce? Choose 1 answer: It must be free It must be labor One person’s consumption of a resource interferes with another’s consumption of that resource.