How does industry structure affect intensity of competition?
What will be an ideal response?
When the number of firms active in a market is large, there is a good chance that one of the firms may aggressively seek an advantageous position. This could lead to intense competitive activity as the others retaliate. On the other hand, where there are only a few firms in the industry, usually there is little doubt about industry leadership. In this situation, care is taken not to irritate the leader, since a resulting fight could be very costly to all the firms
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In large-scale projects, and especially in cases in which the data entry is performed by a subcontractor, researchers utilize a data code book which identifies (1 ) the questions on the questionnaire, (2 ) the variable name or label that is
associated with each question or question part, and (3 ) the code numbers associated with each possible response to each question. Indicate whether the statement is true or false
A code of ethics is a formal statement of rules of conduct and
A. moral laws. B. legal restrictions. C. cultural values. D. core values. E. ethical principles.
Debts to be paid more than one year from now are considered short-term liabilities
Indicate whether the statement is true or false.
What is the difference between the cash basis and the accrual basis?
What will be an ideal response?