In the toy industry, Mattel is one of the world leaders with their line of Barbie dolls. However, they've faced competition from MGA Entertainment with their Bratz dolls since the 1990s. Which of these statements is true about the strategic group in which these companies compete?a. The two companies occupy different strategic groups and likely will havevery different competitive forces and different strategies. b. The companies are dealing with the same competitive forces as all othercompanies across the toy industry. c. As toy companies, they both have the ability to quickly pursue the toy truck market with minimal investment. d. By competing in the same strategic group, the two companies are dealing with customers who view their products as direct substitutes for each other

Does a pipe fitter need to go to college

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.

Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.