The threat of new entrants is high when there are
A. low economies of scale.
B. high differentiation among competitors' products and services.
C. high capital requirements.
D. high switching costs.
Answer: A
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A ______ conflict management strategy involves giving up things you want in the hopes that the other side will do the same.
What will be an ideal response?
Allen Marks is the sole owner and operator of Great Marks Company. As of the end of its accounting period, December 31, 2009, Great Marks Company has assets of $940,000 and liabilities of $300,000. During 2010, Allen Marks invested an additional $65,000 and withdrew $45,000 from the business. What is the amount of net income during 2010, assuming that as of December 31, 2010, assets were
$995,000, and liabilities were $270,000? A) $ 65,000 B) $ 50,000 C) $105,000 D) $370,000
The Miller Company earned $103,000 of revenue on account during Year 1. There was no beginning balance in the accounts receivable and allowance accounts. During Year 1, Miller collected $72,000 of cash from its receivables accounts. The company estimates that it will be unable to collect 3% of its sales on account.What is the net realizable value of Miller's receivables at the end of Year 1?
A. $34,090 B. $28,840 C. $27,910 D. $31,000
Evie Poitevent operates a boutique store that specializes in footwear. She faces many promotional and advertising decisions on a daily basis, such as what kind of a sale she should conduct after Christmas, for how many days the sale should be held, and what kind of items should be placed on sale. Poitevent's advertising focus is on ________ because of its short-term nature.
A. broadcasting B. narrowcasting C. tactics D. relationships E. strategy