Acme Global is trying to predict and prepare for what its competitors will do next. In a way, Acme Global is scrambling and jockeying for position in the market. This attempt to predict and prepare is part of the ______ section of the five-forces analysis.
A. power of suppliers
B. power of buyers
C. threat of substitute products and services
D. rivalry among competitors
D. rivalry among competitors
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The formation of in-groups and out-groups in a team ______.
a. usually enhances the effectiveness of a team b. runs counter to team development c. is a reason to avoid virtual teams d. often supports the use of shared leadership
Jeff is a financial advisor. He belongs to two different organizations for financial advisors, and he likes to go to their annual meetings. The financial organizations that Jeff belongs to are examples of
The role of accounting is to provide many different users with financial information to make economic decisions
Indicate whether the statement is true or false
Which of the following best defines the duty of care to which a member of a member-managed LLC (limited liability company) must adhere?
A) the duty of not engaging in a known violation of law B) the duty of not usurping an opportunity of the LLC C) the duty of not competing with the LLC's business D) the duty of not engaging in undisclosed self-dealing