Identify the statement that best describes business strategy. ANSWER Unselected It refers to generating and experimenting with ideas related to new products, services, or processes. Unselected It refers to the usual order in which different business-function activities physically occur. Unselected It is the measure to analyze and report the financial and nonfinancial information related to the costs of acquiring or using resources in an organization. Unselected It refers to how an organization creates value for its customers while distinguishing itself from competitors.

At fenway park, home of the boston red sox, seating is limited to 38,000. hence, the number of tickets issued is fixed at that figure. the following graph shows the demand and supply for red sox tickets. use the graph input tool to you answer the following questions. you will not be graded on any changes you make to this graph. 0 38 76 100 90 80 70 60 50 40 30 20 10 0 price of tickets quantity of tickets (thousands) demand supply graph input tool market for tickets price 10 quantity demanded (thousands of tickets) 68 quantity supplied (thousands of tickets) 38 tax on buyers 0.00 seeing a golden opportunity to raise revenue, the city of boston levies a per ticket tax of $5 to be paid by the ticket buyer. boston sports fans, a famously civic-minded lot, send in the $5 per ticket. true or false: the entire tax burden falls on the team’s owners because supply is perfectly inelastic. true false