Tom and his family have developed a successful business selling a liquid spray fertilizer to farmers. The fertilizer consists of rich, organic, composted material. Recently NuBreed Seed, a national seed company, has been marketing a powdered chemical fertilizer to its customers; NuBreed's fertilizer is less expensive than Tom's product. NuBreed's efforts are an example of the ___ in Porter's model for industry analysis.
A. buyers' negotiating influence
B. competitive rivalry among competitors
C. threats of substitute products and services
D. power of the suppliers
E. threats of new ideas
C. threats of substitute products and services
In an example of the threats of substitute products or services, at one time oil companies worried that Brazil was close to becoming energy self-sufficient because it was able (for a while) to meet its growing demand for vehicle fuel by substituting ethanol (derived from Brazilian sugarcane) for petroleum.
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A) Informational needs of the audience B) "You" attitude C) Readability D) Conciseness of the writing E) Intent of the writer
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A) all common stock B) all preferred stock C) both common and preferred stock D) only common stock sold above par
The answer or result of multiplication is called the ____________________.
Fill in the blank(s) with the appropriate word(s).