Luminescent Silicon Corporation, which controls 40 percent of the computer-chip market in the United States, merges with Micro Processors, Inc, which controls 15 per-cent of the same market. This merger is a violation
a. only if the result more clearly concentrates the market.
b. only if the result makes it more difficult for potential competitors to enter the market.
c. if the result more clearly concentrates the market and makes it more difficult for potential competitors to enter the market.
d. under no circumstances.
c
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In a just-in-time environment,
a. production runs are interrupted each day at setup time to perform routine maintenance. b. scheduled and preventive maintenance is extremely important. c. cost savings are realized by performing maintenance whenever it is needed. d. routine minor maintenance is always performed by the repair department.
A ______ discussion requires group members to talk through an issue in front of an audience.
Fill in the blank(s) with the appropriate word(s).
A statement by a bank guaranteeing acceptance and payment of a draft up to a stated amount is called a(n)
A) bill of exchange. B) commercial letter of credit. C) time draft. D) documentary draft.
A bank failure is more likely to occur when
A) a bank holds less in U.S. government securities. B) a bank suffers large deposit outflows. C) a bank holds less equity capital. D) all of the above occur. E) only A and B of the above occur.