Because the Internet lowers barriers to entry in most industries, it
A. increases supplier power.
B. increases the threat of new entrants.
C. makes it easier to build customer loyalty.
D. decreases the threat of new entrants.
Answer: B
You might also like to view...
Acme, Inc., produces widgets. To manufacture a new type of widget, it took 53 hours for the first widget. Acme estimates it has an 86% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 102th widget.
a. 19.35 hours b. 29.30 hours c. 22.55 hours d. 18.94 hours
An improperly recorded mortgage or deed of trust is effective against subsequent purchasers of the subject real property.
Answer the following statement true (T) or false (F)
Depositions:
a. are taken before trial, during discovery b. are taken before trial, during discovery, but may not be taken from the defendant herself c. are taken before trial or during trial d. may only be taken once trial has commenced e. are taken during preparation for appeals
Decision Making Biases and Errors (Scenario)Newcastle United, a soccer club, was relegated from the top flight two seasons ago. Following relegation, the club's board sacked the manager and hired a new manager to replace him. The club won back promotion to the league and enjoyed a good season. Andy Carroll, the star player for Newcastle, was the top scorer in the league for that season. However, the club, needing to strengthen the team by buying new players, sold Andy Carroll to Liverpool soccer club to buy three average players. The club is presently experiencing a dip in form and is in danger of being relegated again.Which of the following statements, if true, would indicate the presence of self-serving bias on the part of the manager?
A. The manager assumes moral responsibility for the club's disappointing performance and offers to resign from his position. B. The manager buys Andy Carroll back from Liverpool at a much higher price to revive the team's fortunes. C. The manager blames the board for selling the top scorer and replacing him with below-par players. D. The manager threatens to quit if the board refuses to buy back Andy Carroll from Liverpool immediately.