Which of the following would not diminish the risk of entry of potential competitors for an established company within an industry?
A. Government prohibition of market entry in the company’s industry.
B. Consumers prefer the established company’s product.
C. Potential competitors cannot match the established company’s lower cost structure.
D. The established company does not benefit from cost reductions due to mass production of standardized products.
E. Customers are locked into the established company’s product due to the high amount of energy, time, and money it would take to switch to a new product.
Answer: D
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Through joint ventures, firms can directly acquire the assets and competencies of other firms.
Answer the following statement true (T) or false (F)
Retailers that add goods and services that may be unrelated to each other and to the firm's original business are looking to increase their ________ of assortment.
Fill in the blank(s) with the appropriate word(s).
Which of the following assets must be reported at the lower-of-cost-or-market value?
A) Accounts Receivable B) Merchandise Inventory C) Prepaid Insurance D) Notes Receivable
Refer to the data given in the table for Acme Widgets, Inc. Solve the transportation problem using Excel Solver. (Remember that in balanced transportation problems all constraints—except the non-negativity constraints of the decision variables—should be set as an equal to (=) sign in the Excel Solver dialogue.) At the optimum solution, the shipment from Montgomery to Huntsville is ______.
a. 0
b. 3,500
c. 4,500
d. 5,500