How does horizontal integration within an industry affect the surviving firms?

A. By requiring the surviving firms to shift their focus from non-price to price competition
B. By strengthening the rivalry among existing firms
C. By increasing the threat the surviving firms will face from new entrants
D. By strengthening the bargaining power of the surviving firms vis-à-vis suppliers and buyers


Answer: D

Business

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Argentina was allowed to break from the CET and raise duties on consumer goods. This crisis had a silver lining, which is evident from all of the following points except:

A) Argentina's wine exports to the United States were worth four times more when dollar revenues were converted into pesos. B) Argentina became known for the world's most expensive wines. C) the currency devaluation made Argentine vineyard property cheaper for foreign buyers. D) low prices for land, inexpensive labor, and ideal growing conditions for the Malbec grape have combined to make Argentina's wine industry a major player in world markets. E) Argentina can make better wine locally for less money than anywhere in the world.

Business

Which of the following is NOT a key component of a service blueprint?

a. Line of transference b. Line of interaction c. Line of visibility d. Backstage actions by customer contact personnel e. Front-stage actions by customer contact personnel

Business

Differentiate between the planning philosophies of satisfying, optimizing, and adaptivizing.

What will be an ideal response?

Business

How many blocks compose the Business Model Canvas?

a. four b. seven c. nine d. twelve

Business