In the telephone industry, mobile phones and VOIP (Voice-over-Internet Protocol) are examples of __________ for traditional firms.
A. companions
B. rivals
C. substitutes
D. supplements
Answer: C
You might also like to view...
a) Compute Cinnabar's unit product cost under absorption costing and variable costing. b) Prepare income statements for Cinnabar using absorption costing and variable costing. c) Calculate the balance in Finished Goods Inventory using absorption costing and variable costing. Assume that the production level, costs, and sales prices were the same in the previous year.
Cinnabar, Inc. has provided the following data for the year:
The numbers in the AOA method represent ______.
A. the events B. the importance of the event (higher numbers represent more important events) C. the duration of the event (higher numbers represent more time-consuming events) D. the cost of the event (higher numbers represent more costly events
Using the more common form of brand valuation, the brand and the product are considered separately
Indicate whether the statement is true or false
Which test does the United States Supreme Court require to be used when examining
laws involving illegitimate children? a. The substantial relationship test b. The strict scrutiny test c. The reasonable relationship test d. The rational relationship test