Shawn McGill is on the executive board for ABC pharmaceuticals. The company produces the number-one-selling cancer-fighting drug on the market. Due to its incredible success, ABC Pharmaceuticals has decided to increase the cost of the drug from $8 a pill to $15 a pill. Which force is ABC Pharmaceutical using to increase its drug price?

A. Supplier power.
B. Buyer power.
C. Threat of false entrants.
D. Business power.


A. Supplier power.

Business

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The tendency to project emotions into the future and to over-generalize the intensity of the emotion to be felt is known as _____________

a. Impact Bias b. Anxiety Bias c. Affective Bias d. Social Bias

Business

All of the following are effective tips for creating an outline except A) use a single item under a major component

B) divide the topic into three to five major components or classifications. C) break the components into subpoints. D) use details, illustrations, and evidence to support subpoints.

Business

According to the information provided in Table 12-5, which presents the solution for a queuing problem with a constant service rate, the probability that the server is idle is

A) 0.217. B) 0.643. C) 0.286. D) 0.714. E) None of the above

Business

Instead of sending artfully arranged flower bouquets, an entrepreneur has developed fresh fruit bouquets and is marketing them under the name Edible Arrangements. The premium fruit is cut to mimic flowers, arranged in a basket, and carefully delivered to the recipient's home. One of the problems is convincing people that it is not a novelty product, but an attractive way to show how you feel about someone. Edible Arrangements will be using _____ advertising to promote its fruit bouquets.

A. pioneering B. innovative C. introductory D. start-up E. focused

Business