Carroll Cereals Inc. is a major supplier to almost all grocery store chains. It has most of the valuable shelf space in the cereal aisle. Which of the following is true based on this information?
A. Carroll Cereals has limited brand identification.
B. Carroll Cereals has no or weak distribution channels.
C. There are few entry barriers.
D. Government regulation of cereals is high.
E. The threat of new entrants is low.
Answer: E
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Auditors are only concerned with materiality for the financial statements as a whole
a. True b. False Indicate whether the statement is true or false
The primary sector of economic activity includes:
A. industry and service. B. manufacturing operations. C. transportation, finance, insurance, and related industries. D. agriculture, forestry, and mineral exploration and extraction.
Repetitive operations in manufacturing use
A. general-purpose machines. B. job-order schedules. C. highly specialized equipment. D. short production runs.
Which of the following would be considered when preparing a company's sales forecast? Anticipated Advertising CampaignsGeneral Economic TrendsExpected Competitive ActionsA.YesYesNoB.YesNoYesC.YesNoNoD.YesYesYesE.NoNoYes
A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E