Airbnb, a room-sharing site, offers more rooms than Marriott. Goldman Sachs suggests that the supply of new rooms over the next two years will outpace the previous five even though the growth of American occupancy rates has begun to slow. Which competitive force is involved in this situation?

A. the threat of proprietary products
B. the threat of new entrants
C. the threat of favorable government policies
D. the threat of new buyers


Answer: B

Business

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Indicate whether the statement is true or false

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Answer the following statements true (T) or false (F)

1. The type of training provided to new hires and the frequency of performance evaluations contribute to their understanding of the organization's culture.  2. By definition, an organization can be composed of as few as two people.  3. The Red Cross is an example of a mutual-benefit organization.  4. Only for-profit organizations can be meaningfully represented by an organization chart. 

Business

Which of the following is NOT true of search qualities?

A) They may include style, price, or color. B) They can be built into a service for customers to notice. C) Intangible services are more likely to have them than are tangible goods. D) They can be examined prior to purchase. E) They may include smell and texture.

Business

Why is feedback critical to communication?

A) The source can learn how the receiver understands the message. B) The receiver can learn how to avoid future messages. C) The source learns how to avoid messages from the receiver. D) The source and the receiver learn what types of noise to include in a message.

Business