The automobile industry is characterized by many manufacturers and intense competition among them. According to Porter's five forces model, this statement illustrates ________
A) low threat of substitutions
B) high bargaining power of suppliers
C) high levels of rivalry
D) low bargaining power of customers
C
You might also like to view...
An outside specialist may assist the auditor in obtaining sufficient, appropriate evidence concerning the analysis of complex tax compliance issues
a. True b. False Indicate whether the statement is true or false
Which of the following is the IIA's stated position regarding the internal auditing activity?
a. All responsibilities for internal auditing activity can be outsourced. b. An in-house liaison, such as an executive or senior management member, should be assigned the responsibility for internally managing the internal auditing activity. c. All internal auditors involved in the internal auditing activity must be CIAs. d. Internal auditors for the internal auditing activity should be supervised by CPAs.