Imagine that you have been asked to apply the industrial organization (I/O) model to explain why a firm is performing poorly. What is the most likely explanation for the firm's poor performance according to this model?
A. Lack of core or distinctive competencies
B. Inability to achieve a sustainable competitive advantage
C. Failure to carefully examine opportunities and threats in the external environment
D. All of these
Answer: C
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Solve the problem.Alex has saved $805 at the bank. He wants to accumulate $1750 for a trip to soccer camp. What percent of his goal has been reached?
A. 2% B. 20% C. 0.46% D. 46%
Determine which series is convergent.
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Solve the problem. Round rates to the nearest tenth of a percent and dollar amounts to the nearest cent.A local dealer sells baseballs for $25 each. If $8.89 is the cost, what is the percent of markup on the selling price?
A. 13.8% B. 60.8% C. 64.4% D. 39.2%
Find a quadratic function that models the data.The table lists the total precipitation in six consecutive months in one U.S. city. ?MonthTotal precipitation (inches)July0.6August1.1September1.9October2.9November4.2December5.7?Let x = 0 correspond to July and let f(x) be the total precipitation in month x. Using 
as the vertex and 
as the other point, determine a quadratic function 
that models the data.
A. f(x) = 0.252x2 - 0.6 B. f(x) = 0.142x2 + 0.6 C. f(x) = 0.319x2 + 0.6 D. f(x) = 0.204x2 + 0.6