Which of the following is a competitive force under the five forces model?

A. past rivalry with competitors
B. predictable changes in the market
C. vertical integration
D. threat of substitutes


Answer: D

Business

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In a point plan process, which of the following steps follows immediately after the design of the job evaluation plan is complete?

A. apply the plan to non-benchmark jobs B. perform job description C. conduct job analysis D. prepare a manual to communicate the plan E. determine compensable factors

Business

A disadvantage of the "few suppliers" sourcing strategy is:

A) the risk of not being ready for technological change. B) the lack of cost savings for customers and suppliers. C) possible violations of the Sherman Antitrust Act. D) the high cost of changing partners. E) the suppliers are less likely to understand the broad objectives of the procuring firm and the end customer.

Business

Which of the following is not a step in the consumer buying decision process?

A. Evaluate alternatives B. Evaluate after the purchase C. Acknowledge that a problem exists D. Look for information E. Tell other people about the product

Business

Which is not a basic tax planning strategy?

A. Timing. B. Conversion. C. Income shifting. D. Arm's length transaction. E. None of the choices are correct.

Business