A mining company develops a new processing technique using only light and patents the process. This situation is characterized by ________.
A. high threat of new entrants
B. low threat of new entrants
C. low threat of substitutions
D. low bargaining power of suppliers
E. high bargaining power of customers
Answer: C
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Which of the following sets of factors is needed to calculate depreciation on plant and equipment?
a. The asset's acquisition cost, replacement cost, and its estimated residual value b. The estimated residual value of the asset, its replacement cost, and its market value c. The asset's replacement cost, its estimated life, and its estimated residual value d. The estimated life of the asset, its acquisition cost, and its estimated residual value
Titles of people, organizations, governments, and publications often require ___________________
a. their own fonts b. line breaks c. indentations d. special capitalization
SWOT analysis raises awareness about the role of strategy in creating a match between the environmental conditions and ________ of the firm.
A. internal strengths and weaknesses B. internal strengths and opportunities C. internal opportunities and threats D. internal weaknesses and opportunities
Although rarely acknowledged by the firms themselves, selective hedging is essentially speculation
Indicate whether the statement is true or false.