According to Porter's five forces model, which of the following firms would be least affected by the threat of substitutes?

A. a food vendor at a county fair
B. a convenience store that sells retail products
C. a firm that sells the only drug for a disease
D. a corner latte shop in Atlanta
E. a used car dealership in New York


Answer: C

Business

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The key factors that influence the effectiveness of product placement and branded entertainment include the following, except:

A) media used B) supporting promotional activities C) consumer attitudes toward placements D) costs

Business

Based on the following, what is the total product cost flexible budget variance?


A) $925 F
B) $450 U
C) $725 F
D) $725 U

Business

What is the tax treatment for qualified small business stock acquired in 2019 and held for more than five years, and what is the tax treatment if it is held for less than five years? 

What will be an ideal response?

Business

The current ratio of a firm would be increased by which of the following?

A) Land held for investment is sold for cash. B) Inventories are sold for cash. C) Inventories are sold on a credit basis. D) Equipment is purchased, financed by a long-term debt issue.

Business