In general, the threat of substitutes is heightened because the Internet
A. lowers switching costs.
B. introduces new ways to accomplish the same task.
C. increases output per unit of cost.
D. lowers barriers to entry.
Answer: B
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Treatment of missing responses poses problems, particularly if the proportion of missing responses is between 5 percent and 10 percent
Indicate whether the statement is true or false
A contract in which the values exchanged are not equal because chance is involved is called a(n)
A) contract of adhesion. B) unilateral contract. C) conditional contract. D) aleatory contract.
A grantor/grantee index: A)?Is organized by tracts of land
B)?Is organized in alphabetical order of both grantor and grantee name. C)?Is available only under the Torrens system. D)?Is the same as a tract index. E)?None of the above
One advantage of delegation is the fact that it
A. reduces accountability for the job. B. absolves the delegating manager of responsibility. C. formalizes power in the company. D. helps subordinates develop new skills. E. reduces the subordinate's workload.