You work for a company in the package delivery industry that has a competitive advantage based on low costs. Which of the following events is most likely to have a negative impact on your company’s performance? A) the federal government’s call for an increase in the minimum wage. B) a reduction in your supplier’s costs for cardboard boxes. C) your largest customer’s recent increase in internet sales. D) your competitor’s introduction of a new, high priced drone delivery service. E) All of these.
You work for a company in the package delivery industry that has a competitive advantage based on low costs. Which of the following events is most likely to have a negative impact on your company’s performance? A) the federal government’s call for an increase in the minimum wage. B) a reduction in your supplier’s costs for cardboard boxes. C) your largest customer’s recent increase in internet sales. D) your competitor’s introduction of a new, high priced drone delivery service. E) All of these.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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You work for a company in the package delivery industry that has a competitive advantage based on low costs. Which of the following events is most likely to have a negative impact on your company’s performance?
A) the federal government’s call for an increase in the minimum wage.
B) a reduction in your supplier’s costs for cardboard boxes.
C) your largest customer’s recent increase in internet sales.
D) your competitor’s introduction of a new, high priced drone delivery service.
E) All of these.
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