Compare the following business offerings. Which is the best example of direct competition?
A. Chick-fil-A and In-and-Out Burger
B. David's Bridal and Walmart
C. Burger King and Olive Garden
D. Chevron and Exxon
E. Pepsi and Snapple
Answer: D
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Dylan Corporation issues for cash $2,000,000 of 8%, 15-year bonds, interest payable annually, at a time when themarket rate of interest is 9%. The straight-line method is adopted for the amortization of bond discount orpremium. Which of the following statements is true?
a. The amount of annual interest paid to bondholders remains the same over the life of the bonds. b. The amount of annual interest expense decreases as the bonds approach maturity. c. The amount of annual interest paid to bondholders increases over the 15-year life of the bonds. d. The carrying amount decreases from its amount at issuance date to $2,000,000 at maturity.
Manufacturing cycle efficiency is computed by dividing process time by:
A. storage time + inspection time. B. process time + moving time + storage time + inspection time. C. moving time + storage time. D. moving time + storage time + inspection time.
Millennials tend to value ______ much more than Gen Z does.
A. mobility B. pay and job security C. stability D. individualism and competitiveness
When are fixed costs relevant in a make or buy decision? Give one example of a relevant fixed cost