Management science modeling techniques focus on model construction and problem solution

Indicate whether this statement is true or false.


Answer: TRUE

Business

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Which of the following is a result of horizontal integration in terms of Porter's five forces model?

A. The industry structure becomes potentially less profitable. B. There is an increase in rivalry among existing firms. C. There is a reduction of excess capacity in the market. D. The industry structure becomes less consolidated.

Business

The benefits of the object-oriented approach to systems design include all of the following except

a. this approach does not require input from accountants and auditors b. development time is reduced c. a standard module once tested does not have to be retested until changes are made d. system maintenance activities are simplified

Business

In a CVP graph, the slope of the total revenue line indicates the

a. rate at which profit changes as volume changes. b. rate at which the contribution margin changes as volume changes. c. ratio of increase of total fixed costs. d. total costs per unit.

Business

Active RFID tags do not depend on a silicon microchip and use plastic or conductive polymers instead of silicon-based microchips allowing them to be washed or exposed to water without damaging the chip.

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

Business