________ analysis involves comparison of current to past performance and the evaluation of developing trends
A) Time-series
B) Cross-sectional
C) Marginal
D) Break-even
A
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A principal owes a duty to indemnify an agent for any losses the agent suffers because of the principal's conduct
Indicate whether the statement is true or false
Steven makes a material misrepresentation of fact regarding his motorcycle to Thelma who agrees to buy the motorcycle based upon the misrepresentation. This contract is:
a. void. b. voidable. c. executed. d. unenforceable.
Tying Arrangements. Eastman Kodak Co has about a 20 percent share of the highly competitive market for high-volume photocopiers and microfilm equipment and controls nearly the entire market for replacement parts for its equipment (which are not
interchangeable with parts for other manufacturers' equipment). Prior to 1985, Kodak sold replacement parts for its equipment without significant restrictions. As a result, a number of independent service organi-zations (ISOs) purchased Kodak parts to use when repairing and servicing Kodak copiers. In 1985, Kodak changed its policy to prevent the ISOs from competing with Kodak's own service organizations. It ceased selling parts to ISOs and refused to sell replacement parts to its cus-tomers unless they agreed not to have their equipment serviced by ISOs. In 1987, Image Tech-nical Services, Inc, and seventeen other ISOs sued Kodak, alleging that Kodak's policy was a tying arrangement in violation of Section 1 of the Sherman Act. Assuming that Kodak does not have market power in the market for photocopying and microfilm equipment, does Kodak's re-strictive policy constitute an illegal tying arrangement? Does it violate antitrust laws in any way? Discuss fully.
The four major competitive strategies are
A) low-cost leadership, substitute products and services, customers; and suppliers. B) low-cost leadership, product differentiation, focus on market niche, and customer and supplier intimacy. C) new market entrants, substitute products and services, customers, and suppliers. D) low-cost leadership, new market entrants, product differentiation, and focus on market niche. E) customers, suppliers, new market entrants, and substitute products.