Suppose you are a sales representative for Advanced Micro Devices (AMD) in Japan. You are trying to convince Toshiba to buy your company's superfast Opteron microprocessor for its new laptop computer
Toshiba's representative seems interested, but eventually does not actually place an order. Confidentially, the representative tells you that he is afraid that Intel will withhold shipments of its Pentium 4 if he does business with AMD. Thinking about Intel's role in this scenario, which of the following elements of the five forces model is evident here?
A) barriers to entry
B) bargaining power of suppliers
C) bargaining power of buyers
D) threat of substitute products
E) threat of new entrants
A
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You have brought an action in negligence against Rose Nielson, an architect. You must prove, among other things, that her conduct fell below an acceptable standard of care. What is the standard?
A) That she acted to the best of her ability. B) That she acted as may reasonably be expected of a normally skilled architect C) That she acted as a reasonably prudent person D) That she acted sincerely and with goodwill E) Both A and D
Explain the relationship between quality and cost
What will be an ideal response?