Identify the environmental factor that contributes to an attractive environment for firms.
A. few suppliers
B. many competitors
C. high threat of entry
D. many substitutes
E. many barriers to entry
Answer: E
You might also like to view...
Select the statements that challenge the idea that marketers cannot be held liable for decisions that any individual makes.
A. Any individual may choose not to buy a marketed product. B. If marketing is ineffective in influencing consumer choice, the marketers selling their services to businesses are committing fraud. C. Marketing addresses populations, not, as sales do, individuals, so no direct causal connection can be demonstrated between a marketing campaign and an individual's choices to buy a product. D. If marketing is effective and does influence consumer choices, it cannot disavow responsibility for the consequences of those choices. E. B and D. F. A and C.
Which of the following is used to determine how the sales revenue of a company has changed from one year to the next?
A) vertical analysis of the balance sheet B) horizontal analysis of the income statement C) horizontal analysis of the balance sheet D) vertical analysis of the income statement
Patrick Manufacturing Systems uses job order costing and a perpetual inventory system. When recording the sale of a job, which account(s) is(are) credited?
What will be an ideal response?
Both activity-based management (ABM) and just-in-time (JIT) seek to eliminate or reduce nonvalue-adding activities and to improve the allocation of resources
Indicate whether the statement is true or false