Some industries' competition is much more intense than others. Retail grocery stores such as Kroger, Safeway, and Albertson's in the United States experience fierce competition and offer similar marketing campaigns to compete. What is this an example of in terms of Porter's five forces?

A. Rivalry among new entrants.
B. Rivalry among existing competitors.
C. Threat of substitute products or services.
D. Buyer power.


B. Rivalry among existing competitors.

Business

You might also like to view...

Nontariff barriers on import of automobiles tend to

a. increase cost of imported automobiles. b. decrease the jobs for domestic automobile workers. c. decrease profits of import-competing automobile producers. d. increase cost of automobiles at home market.

Business

In integrative negotiations, negotiators are encouraged to state the problem in terms of their preferred solution and to make concessions from these most desired alternatives. 

Answer the following statement true (T) or false (F)

Business

If a new company has only two owners, they do not need a shareholder agreement that defines their relative ownership rights and interests.

Answer the following statement true (T) or false (F)

Business

In Japan, 90-day securities have a 4% annualized return and 180-day securities have a 5% annualized return. In the United States, 90-day securities have a 4% annualized return and 180-day securities have an annualized return of 4.5%. All securities are of equal risk, and Japanese securities are denominated in terms of the Japanese yen. Assuming that interest rate parity holds in all markets, which of the following statements is most CORRECT?

A. The yen-dollar spot exchange rate equals the yen-dollar exchange rate in the 90-day forward market. B. The yen-dollar spot exchange rate equals the yen-dollar exchange rate in the 180-day forward market. C. The yen-dollar exchange rate in the 90-day forward market equals the yen-dollar exchange rate in the 180-day forward market. D. The yen-dollar exchange rate in the 180-day forward market equals the yen-dollar exchange rate in the 90-day spot market. E. The relationship between spot and forward interest rates cannot be inferred.

Business