Michael Porter (1980, 1985) suggested that factors such as initial capital requirements, the threat of price-cutting by established firms and the level of product differentiation represent _______ for new-firm entrants into markets.

a. Barriers to entry
b. Opportunities
c. Market ideas
d. Threats


a. Barriers to entry

Business

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Joe borrows $100,000 and agrees to repay the principal, plus 7% APR interest compounded monthly, at the end of three years. Joe has taken out an amortizing loan

Indicate whether this statement is true or false.

Business

Zach is an environmentalist with very strong beliefs about who should pay for environmental cleanup. What is most likely to be Zach's view?

A. He believes that tax money should be used for environmental cleanup because everyone contributes to pollution. B. He feels that there should be a governmental tax imposed on every item to cover the cost of its pollution. C. He feels that individuals, not businesses, should foot the bill for environmental cleanup because individuals are the ones who benefit. D. He feels environmental costs are a part of doing business, which should be paid by businesses and in turn by higher prices for consumers. E. He believes those who are concerned about the environment and pollution should pay the costs.

Business

In a regression analysis involving 20 observations and four independent variables, the following information was obtained. Multiple R = .6000R Square = .3600Standard Error = 4.46878? Based on the above information, fill in all the blanks in the following ANOVA table. ANOVA df SS MS F Regression_____? _____? _____? _____? Error_____? _____? _____?  

What will be an ideal response?

Business

Few of the wealthy watch reality TV shows while a majority of the financially disadvantaged do. The wealthy are busy planning their what?

A) Life B) Goals C) Future D) Finances E) Relationships

Business