Ans: D) substitute goods
According to Michael Porter, one of the major forces influencing competition in an industry is the threat of ________
A) Giffen goods
B) independent goods
C) Veblen goods
D) substitute goods
Business
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Mental structures that serve as “road maps” to help us understand, classify, and respond to the world around us are called ______.
a. metaphors b. schemas c. scripts d. content messages
Business
Which of the following share option plans would involve the creation of a liability account over the life of the plan?
A) all share option plans B) fixed compensatory share option plans C) performance-based compensatory share option plans D) share option plans with stock appreciation rights
Business
The purpose of the strategic customer relationship between a salesperson and a customer is the joint pursuit of mutual goals.
Answer the following statement true (T) or false (F)
Business
A job order costing system measures product costs
A) using process cost reports. B) in several Work in Process Inventory account. C) with regard to the process that created the cost. D) for each completed unit.
Business