The automobile industry is characterized by many manufacturers and intense competition among them. According to Porter's five forces model, this statement illustrates ________.

A. high levels of rivalry
B. high bargaining power of suppliers
C. low threat of substitutions
D. low levels of rivalry
E. low bargaining power of customers


Answer: A

Business

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Marketers publicize inbound toll-free numbers to consumers in television and print ads, direct mail, and catalogs. The benefit to sellers is that it presents an opportunity for consumers to order products and for the seller to build the relationship

A benefit to consumers is ________. A) increased convenience B) increased telemarketing calls C) decreased telemarketing calls D) 24/7 availability of support E) a discounted price on the product

Business

The Solomans own a cabin on the south side of Mount Henry. One day, the Solomans told Bennie and Claudia they could live in the cabin and use it as they wished until the Solomans wanted to use it again. Twelve years later, the Solomans informed Bennie and Claudia that they were going to spend the summer at the cabin and that Bennie and Claudia would have to make other arrangements for the summer

Bennie and Claudia claimed that they had acquired title by adverse possession, because they had occupied the property for the period of time required for adverse possession under state law (10 years in that state). Are Bennie and Claudia correct? A) Yes, Bennie and Claudia were living on the property with exclusive, open possession for a continuous period of time for the required 10 years. B) Yes, Bennie and Claudia had the Solomans' permission, therefore the possession was not illegal. C) No, Bennie's and Claudia's possession was with the Solomans' permission and therefore the claim was not adverse to the Solomans. D) No, there was no warranty deed transferred to Bennie and Claudia.

Business

A digital ID tag that is electronically sent to the customer's computer when other requested materials are downloaded from a Web site is known as

A. a cookie. B. a saucer. C. an inverted collector. D. a contact signature.

Business

A report that is sent to users only upon the user's request is called on-demand report

Indicate whether the statement is true or false

Business