Determining how strong the threat of substitutes will be entails
A. measuring Coke as a substitute for Pepsi and applying dynamic simulation modeling techniques.
B. judging whether industry members are capable of self-manufacturing their products.
C. identifying the attractiveness of other industries.
D. adopting a substitute product concentration factor to the buyer volume.
E. identifying the relative price/performance relationship of the substitutes, the switching costs, and the overall buyer demand for the substitute.
Answer: E
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Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. In 2003, seven companies joined forces to help lead a corporate response to human rights issues by developing the Business Leaders Initiative on Human Rights. 2. The Social Accountability 8000 certification is a standard that provides a way for companies to ensure that they are offering humane workplace. 3. To be classified as a biofuel, a product must be made of at least 80% renewable materials and be produced from living organisms or from organic/food waste products. 4. Ethanol is also known as hydrogen peroxide. 5. The purpose of the United Nations Millennium Summit was to establish global goals to address human development challenges.
Which of the following terms designates the legal ability of a party to enter into a contract?
A)Consent B)Affirmation C)Materiality D)Capacity
Which of the following would be found on a company's income statement? I. cost of goods sold II. interest expense III. cash flow from operations IV. earnings before taxes
A) I an IV only B) I, II and III only C) I, II and IV only D) I, II, III and IV