How do infomediaries and consumer information websites increase the intensity of competitive rivalry?
A. by highlighting unique selling advantages of a firm
B. by consolidating the marketing message that consumers use to make a purchase decision
C. by making competitors in cyberspace seem less equally balanced
D. by shifting customers away from issues of price
Answer: B
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Product costs can refer to expenditures necessary to manufacture products and to administrative support during the time period.
Answer the following statement true (T) or false (F)
Which of the following best describes the requirements of a partnership?
A) An association of persons, owning property in order to make a profit B) An association of persons, owning property, sharing gross receipts C) An association of persons D) An association of persons, owning a business in order to make a profit E) Both B and C adequately describe a partnership
Employees who choose not to return to work after joining the strikers are known as crossover workers.
Answer the following statement true (T) or false (F)
A corporation reports the following year-end balance sheet data. The company's equity ratio equals: Cash$56,000? Current liabilities$91,000? Accounts receivable 71,000? Long-term liabilities 48,000? Inventory 76,000? Common stock 116,000? Equipment 161,000? Retained earnings 109,000? Total assets$364,000? Total liabilities and equity$364,000?
A. 1.40 B. 0.38 C. 0.62 D. 2.23 E. 0.62