Which statement about business intelligence is accurate? A) Intelligence gathering is an unethical business practice. B) Running an intelligence program requires many people. C) Running an intelligence program requires many computers and other resources. D) Collecting intelligence about competitors violates antitrust laws. E) Business intelligence is not equal to espionage.

2.To perform an external audit, a company first must gather organizational intelligence and information about social, cultural, demographic, environmental, economic, political, legal, governmental, and technological trends. True False

3.Under which strategy would you offer products or services to a wide range of customers at the lowest price available on the market? A) Cost Leadership Low Cost B) Cost Leadership Best Value C) Focus Low Cost D) Focus Best Value E) Differentiation

4. Increased efficiency, quality, productivity, and job satisfaction can come from taskforces. True False

5 .For consumers who are price-sensitive, cost leadership emphasizes producing standardized products at a very low per-unit cost. True False