The benefit of understanding the external forces of business refers to which statement? a. It helps the managers to maximize operations cost b. It helps the managers to remove competitors from the market c. It helps the managers to develop the appropriate business strategies d. It helps the managers to copy the competitors
The benefit of understanding the external forces of business refers to which statement? a. It helps the managers to maximize operations cost b. It helps the managers to remove competitors from the market c. It helps the managers to develop the appropriate business strategies d. It helps the managers to copy the competitors
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
The benefit of understanding the external forces of business refers to which statement?
a.
It helps the managers to maximize operations cost
b.
It helps the managers to remove competitors from the market
c.
It helps the managers to develop the appropriate business strategies
d.
It helps the managers to copy the competitors
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