Chapter 12 suggested answers 1. It has been said that Porter’s five-forces analysis turns antitrust law on its head. What do you think this means? Antitrust laws are intended to protect‚ promote competition and to push industry profits towards competitive floor in order to resist market dominance. Porter’s five forces model reflects that an industry has absolute market power if threat of entrants and substitutes are low along with weak bargaining power among suppliers and buyers‚ and if industry
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Chapter 04 The External Environment Multiple Choice Questions 1. (p. 81) The external environment can be divided into various subcategories: A. Remote‚ political‚ social B. Remote‚ social‚ operational C. Remote‚ industry‚ operating D. Technological and social Difficulty: Easy Learning Objective: 1 2. (p. 81) A firm’s external environment includes a remote sector‚ industry sector and an operating sector. The remote sector includes which of the following categories
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September 2nd‚ 1886 August 31‚ 1886‚ was one of the worst days in Charleston‚ that day we had a major earthquake of the likes of which I have never felt. The day started off as a nice calm day. My mom and I were reading a book and then all of a sudden I could hear this rumbling sound that seemed to come from inside earth. It started off as a gentle vibration then after a few minutes the noise and the vibrations became more violent. It was as if the earth had a terrible stomach ache. The shake
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ASCO-GI. The company’s stock had surged on the announcement of topline data from this trial last October‚ but no detailed analysis was offered then‚ and little more is forthcoming now (AB Science’s dog drug data raise more questions than answers‚ October 31‚ 2012). Trial failed Although the trial had unequivocally missed its primary endpoint‚ what had caused the excitement was the revelation that two subgroups – patients with pain above a certain threshold and those with a particular genetic marker –
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US Entry into WWI “The War was decided in the first twenty days of fighting‚ and all that happened afterwards consisted in battles which‚ however formidable and devastating‚ were but desperate and vain appeals against the decision of Fate.” The following statement was made by Winston Churchill (Prime Minister of Britain from 1940-45)‚ and truly shines some light on multiple aspects of the World War I. During the First World War‚ which occurred from 1914-1918 and involved the majority of the European
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learned about this program long before I even entered high school‚ and although I dearly wished to attend since my freshmen year ‚ the lack of money kept me from doing so. When I found out that BISD was giving a few of us the chance to have the full experience of NHI with having to pay no expenses‚ I was overwhelemed with joy. I am aware of the impact that this program can have on you‚ and I want nothing more that to attend. I too‚ like many others that have already‚ want to be touched and moved by
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What is franchising? Franchising (from the French for free) is a method of doing business wherein a franchisor licenses trademarks and tried and proven methods of doing business to a franchisee in exchange for a recurring payment‚ and usually a percentage piece of gross sales or gross profits as well as the annual fees. Various tangibles and intangibles such as national orinternational advertising‚ training‚ and other support services are commonly made available by the entity licensing the ‘chain
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What is the importance of "fairytale mode" in Great Expectations? Great Expectations is like a fairy tale without a fairy tale ending‚ reinforcing the idea that we need to make our own way in life‚ and can’t expect it to be given to us. A poor orphan is granted riches by a secret benefactor. It sounds like the plot of a fairy tale. Great Expectations may start out as a fairy tale‚ but in the end the poor orphan is left not much better off than he started--except that he’s wiser for it. Like
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數校估，列出校估後之函數，並計算模式之 R 、透過 t 檢定(t-test)檢驗顯著性。 (3) 比較上述兩個模式之差異，討論孰優孰劣。 共 2 頁 第 1 頁 3. (30%) Mode Choice Model 考慮旅運者對三種運具的(負)效用函數： COSTk U k ak 0.3OVTk 0.15IVTk 0.02 13 WAGE b AUTOS k where k: drive-alone‚ shared-ride‚ transit for k=1‚2‚3‚ respectively OVTk : out of vehicle time in minutes for mode k IVTk : in-vehicle time in minutes for mode k COSTk : out of pocket travel cost in cents for mode k WAGE: wage rate in cents/min AUTOS: auto ownership ak : 0.0‚ +3.0‚ +0.3 for k=1‚2‚3‚
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Journal Entry #1: April 5‚ 200‚ Dawn‚ Chang’an Finally‚ I’m leaving. Within the past few days I have been gathering food and goods for the trip to Rome. I’m very nervous‚ I’ve never been that far away from home. Late last night I said bye to my wife and two children‚ my wife was very scared‚ for I would be gone for much longer than a year‚ I did not want to leave‚ but it was my duty. The ravenous terrain ahead of me now is astounding‚ there are steep mountains‚ vast deserts and I am going to
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