Question: QUESTION 1 When conducting a SWOT analysis, how would a company categorize a new lower-cost competitor and new costly regulations? Strength Threat Opportunity Weakness QUESTION

QUESTION 1

  1. When conducting a SWOT analysis, how would a company categorize a new lower-cost competitor and new costly regulations?

    Strength

    Threat

    Opportunity

    Weakness

QUESTION 3

  1. Which of the following is not an example of a fixed cost?

    Rent

    Hourly pay rates

    A manager's salary

    The cost of equipment

QUESTION 4

  1. Which of the following is not a reason why firms create new products?

    Improving business relationships

    Market saturation

    Stable customers needs

    Fashion cycles

QUESTION 5

  1. When a firm changes prices to meet competition they are engaging in which type of pricing?

    Status quo pricing

    Target return pricing

    Sales orientation pricing

    Value-based pricing

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