According to Michael Porter, the suppliers in an industry enjoy bargaining power when ________
A) there are many suppliers to choose from
B) their products or services are not differentiated
C) their products or services carry low switching costs
D) their businesses are not threatened by alternative products
D
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Strategic partnerships between companies create a win-win situation, but the companies are committed to each other and flexibility can be reduced.
Answer the following statement true (T) or false (F)
Which of the following is not a use of CAATs in auditing?
A. Fraud examination B. Produce terms and conditions of employment C. Analytical review procedures D. Test of details of transactions and balances
You manage your own portfolio of about twenty stocks. One of which is Honda Motors. The returns on Honda tend to move up and down with the economy as a whole
You decide to sell Honda and replace it with the common stock of Repo-Man Inc, an asset recovery company. Repo-Man's shares tend to rise when the economy falls, and vice versa. Your portfolio's beta should: A) Decrease B) Increase C) Remain unchanged D) Either Increase or Decrease
________ are large-scale high-speed centralized computers, used for internal corporate data processing needs.
A. Hosts B. Clients C. Mainframes D. NAS E. Thin clients