1. 15.1.3 Intensity of rivalry among existing firms in an industry increases when I. Products are relatively undifferentiated II. Consumer switching costs are low A. I only. Answer (A) is incorrect. Low consumer switching costs also increase rivalry. B. II only. Answer (B) is incorrect. A low degree of product differentiation also increases rivalry. C. Neither I nor II. Answer (C) is incorrect. Both low consumer switching costs and a low degree of product differentiation increase
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(Chapter 3 Test Bank Questions) Multiple Choice: 1. Which method is used to change data from one map projection to another? a. Georeferencing b. Scaling c. Defining projections d. Reprojecting 2. Which method is used to align an unreferenced dataset with one that has spatial reference information? a. Scaling b. Reprojecting c. Georeferencing d. Defining projections 3. Which of the following describes the use of a real-world coordinate system for identifying locations? a. Spatial
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Quiz 1 1. Sociologists study information systems with an eye to understanding: a. how systems affect individuals‚ groups‚ and organizations. b. how human decision makers perceive and use formal information. c. how new information systems change the control and cost structures within the firm. d. the production of digital goods. 2. From a business perspective‚ raw data is transformed systematically during various stages‚ transforming it into valuable information‚ in a process called:
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3 | Differentiate between investing activities‚ financing activities‚ and operating activities.Investing activities include lending money and collecting interest‚ financing includes borrowing money and paying interest and operating is the rest of it. | 6 | Identify the following items as (1) operating‚ (2) investing‚ or (3) financing activities: purchase of land; payment of dividends; cash sales; and purchase of treasury stock.Investing‚ financing‚ operating‚ financing. | 7 | Unlike the
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1) If you believe in the _____ form of the EMH‚ you believe that stock prices reflect all information that can be derived by examining market trading data such as the history of past stock prices‚ trading volume or short interest. 2) If you believe in the _____ form of EMH‚ you believe that stock prices reflect all available information including information that is available only to insiders 3) A common strategy for passive management is 4) Researchers have found that most of the small firm effect
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1. Federal income tax laws allow a firm to deduct all legitimate business expenses when calculating its taxable income. A) True B) False Correct Answer(s): | False | 2. A major criticism against sales quotas is that: A) Activity quotas usually lead to high-pressure selling. B) Quotas are not fair to the sales force. C) Quotas cannot stimulate sales of profitable products. D) Quotas are not realistically attainable. E) It is very difficult to set quotas accurately. Correct Answer(s):
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• Question 1 10 out of 10 points Which of the following statements about purchasing enterprise system packages is false? Answer Selected Answer: ERP systems typically involve a lot of custom interfaces to legacy systems. • Question 2 10 out of 10 points Which criterion should a firm consider when evaluating candidate software packages? Answer Selected Answer: all of the above • Question 3 10 out of 10 points Which of the following is a factor
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Julia’s Food Booth MAT 540: Quantiative Methods Professor Paul Hollandsworth February 28‚ 2013 Julia’s Food Booth * (A) Formulate and solve an L.P. model for this case. * Please see attached excel file. * (B) Evaluate the prospect of borrowing money before the first game. * Julia does not need to borrow money if she does not want to. She can still make over $1000 profit without it. However‚ She will not be able to hire help and stay above $1000. If she was to decide to
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Mat 540 Quiz 3 Question 1 .2 out of 2 points Correct The following inequality represents a resource constraint for a maximization problem: X + Y ≥ 20 Answer Selected Answer: False Correct Answer: False Question 2 .2 out of 2 points Correct Graphical solutions to linear programming problems have an infinite number of possible objective function lines. Answer Selected Answer: True Correct Answer: True Question 3 .2 out of 2 points Correct Surplus variables are only associated
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Julia’s Food Booth Based on the LP model to maximize profit with the established constraints Julia should sell pizza and hotdogs and not BBQ sandwiches. Based on this model Julia will earn $2250.00 in profit. After buying food supplies for the next game she will have $750 remaining ($2250-1500). Julia’s goal was to clear $1000 in profit which she was not able to meet. It is not clear how Julia is paying for the booth rental each game‚ but assuming she is covering the costs with her profits from
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