Whether supplier-seller relationships in an industry represent a strong or weak source of competitive pressure is a function of
A. whether the profits of suppliers are relatively high or low.
B. whether demand for supplier products is high and they are in short supply.
C. the average number of suppliers that each seller/industry member purchases from.
D. how aggressively rival industry members are trying to differentiate their products.
E. whether the prices of the items being furnished by the suppliers are rising or falling.
Answer: B
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In intermodal transportation, which of the following describes the use of both water and trucks for transportation?
A) fishyback B) drawbar C) trainship D) piggyback E) airtruck
The arithmetic average of the current exchange rate and the exchange rates in the two preceding years, adjusted by the ratio of domestic inflation to the combined inflation rates of the euro zone, Japan, the United Kingdom, and the United States, is known as
A. the Gini coefficient. B. the Zurich formula. C. the Markov-Linder formula. D. the Atlas conversion factor. E. the Kolgorov coefficient.
Michael is running for president. The proportion of voters who favor Michael is 0.8. A simple random sample of 100 voters is taken.
a.What are the expected value, standard deviation, and shape of the sampling distribution of 
?b.What is the probability that the number of voters in the sample who will not favor Michael will be between 26 and 30?c.What is the probability that the number of voters in the sample who will not favor Michael will be more than 16?
What will be an ideal response?
Which of the following is not a possible political risk when practicing business internationally?
A) Loss of using own specialized labor B) Fewer opportunities for growth C) Limited ability to convert currency D) Additional taxes