Intense rivalry among existing firms can result in:
A) the introduction of new products or services.
B) lower profit margins as competitors jockey for position.
C) decreased capacity.
D) Both A and B.
D
You might also like to view...
Which of the following is the factor that most reduces an organization's ability to learn from failure?
A. Employees that like to experiment with multiple solutions. B. Employees with a strong desire to acquire personal wealth. C. Employees that blame others for failure. D. Employees that embrace a learning culture. E. Employees with a high tolerance for ambiguity.
Rounding all the way is:
A. usually not as accurate as rounding to a specific place value. B. always gives a new value that is higher than the original number. C. always gives a new value that is lower than the original number. D. not possible with some numbers.
Which of the following situations, if mutually exclusive, could we expect to provide the most benefit in terms of supporting ethical behavior and reporting in a corporate department?
a. a strong level of diversity among employees b. a company that has a strong public reputation for ethical behavior c. an ethics reporting system that allows anonymity d. a manager who has an open-door policy to discuss ethical concerns
Arizona Company provided the following information regarding its most recent year of operations:
Required:Determine the following amounts:(a) Total product costs(b) Total upstream costs(c) Total downstream costs(d) Product cost per unit(e) Total cost per unit, including product costs and upstream and downstream costs(f) The selling price per unit that would be required if the company wishes to earn a profit margin equal to 25% of total cost(g) Comment on the company's profitability at its current selling price
What will be an ideal response?