Study Guide and Quiz Answers

21 verified answers2 views
21
Free Preview

If a company's scope is too big, what is likely to happen?

A
The company will face more conflicts of interest.
B
Employees will participate in a SWOT analysis.
C
Employees will have better morale.
D
The company will lose direction and focus.
22
Free Preview

What type of trend is caused by changes in the characteristics of a population?

A
A style trend
B
A competitive trend
C
A lifestyle trend
D
A demographic trend
23

It's helpful to write a company's mission statement in what way?

A
By comparing the company's products to its competitors
B
By listing the company's values
C
By describing what the company does for its customers
D
By providing a list of product prices
24

The U.S. consumer market is large, but other markets may offer what advantage?

A
Higher levels of market saturation
B
Better opportunities for growth
C
More demographic trends
D
More entertainment trends

Did you find these answers helpful?