To have an illegal monopoly, a company must: I. Control the market. II. Maintain its control improperly. III. Have a market share greater than 50 percent
a. I, II, and III.
b. I and II.
c. II and III.
d. I and III.
e. Neither I, II, nor III.
.B
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GenX, a manufacturer of sport motorcycles, is seeking a new supplier of motorcycle headlamps and brake lights
After searching trade directories, GenX invites five different suppliers to make formal presentations about how their solutions can create greater value for GenX than competing solutions. GenX is currently in the ________ stage of the business buying decision process. A) problem recognition B) general need description C) product specification D) supplier search E) proposal solicitation
No meeting should be called unless the topic is important, can't wait, and requires an exchange of ideas
Indicate whether the statement is true or false
Lima Corporation makes purchases on credit with terms of 2/15, net 45. What is the effective annual rate (rEAR) of non-free trade credit if Lima does not take discounts and pays on Day 45? In your computations, assume there are 360 days in a year.
A. 42.98% B. 24.49% C. 148.21% D. 35.40% E. 27.43%
To prevent the use of the insurance policy for wagering purposes, the person who is to be indemnified under the contract must have:
a. good faith. b. an insurable interest. c. a binder. d. a coinsurance clause.