4.Ford and Toyota sells the same products; it eVident that there is a Competition Distribution a. с. Alliance b. d. Threats 5.Competitive advantages can also be gained by business that seeks association or cooperation with other business: а. Alliance с. Defensive strategy b. Cost leadership d. Differentiation 6. Individual or firms who desire products and services in the market for consumption or business. a. Consumers c. Government b. Creditors d. Supplier 7. Which does not belong to the group? Colgate Close-Up a. С. b. Head and Shoulders d. Нарее
4.Ford and Toyota sells the same products; it eVident that there is a Competition Distribution a. с. Alliance b. d. Threats 5.Competitive advantages can also be gained by business that seeks association or cooperation with other business: а. Alliance с. Defensive strategy b. Cost leadership d. Differentiation 6. Individual or firms who desire products and services in the market for consumption or business. a. Consumers c. Government b. Creditors d. Supplier 7. Which does not belong to the group? Colgate Close-Up a. С. b. Head and Shoulders d. Нарее
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Please answer 5-7 only
![1.These are individuals/group of individuals who buy goods and services for personal and
business use.
Consumer
c.
Government
a.
b.
Creditors
d.
Suppliers
2.The capability of a company to produce or increase output when resources are added is
called
Profitability
Scalability
3.Business is a legal entity that is separate and distinct from owner.
Autonomy
Durability
a.
c.
b.
d.
Autonomy
Durability
Profitability
Scalability
a.
С.
b.
d.
4.Ford and Toyota sells the same products; it evident that there is a
Competition
Distribution
Alliance
d. Threats
а.
с.
b.
5.Competitive advantages can also be gained by business that seeks association or
cooperation with other business:
Alliance
Defensive strategy
а.
с.
b.
Cost leadership
d.
Differentiation
6.
Individual or firms who desire products and services in the market for consumption or
business.
а.
Consumers
c.
Government
b.
Creditors
d.
Supplier
7.
Which does not belong to the group?
Colgate
Close-Up
a.
С.
b.
Head and Shoulders
d.
Нарее](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F30039d86-2571-4611-9989-e3d308e6352e%2F470350f0-b9ef-492e-ad61-e32e9b6f252f%2F9yvzmei_processed.jpeg&w=3840&q=75)
Transcribed Image Text:1.These are individuals/group of individuals who buy goods and services for personal and
business use.
Consumer
c.
Government
a.
b.
Creditors
d.
Suppliers
2.The capability of a company to produce or increase output when resources are added is
called
Profitability
Scalability
3.Business is a legal entity that is separate and distinct from owner.
Autonomy
Durability
a.
c.
b.
d.
Autonomy
Durability
Profitability
Scalability
a.
С.
b.
d.
4.Ford and Toyota sells the same products; it evident that there is a
Competition
Distribution
Alliance
d. Threats
а.
с.
b.
5.Competitive advantages can also be gained by business that seeks association or
cooperation with other business:
Alliance
Defensive strategy
а.
с.
b.
Cost leadership
d.
Differentiation
6.
Individual or firms who desire products and services in the market for consumption or
business.
а.
Consumers
c.
Government
b.
Creditors
d.
Supplier
7.
Which does not belong to the group?
Colgate
Close-Up
a.
С.
b.
Head and Shoulders
d.
Нарее
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