Carbon Automotive manufactures engines for different cars. The company supplies its products to leading car manufacturers in Europe and America. Which of the following statements indicates that Carbon has high bargaining power?
A) Carbon has only four customers and all of them are large companies.
B) Carbon's customers do not expect differentiation in its engines from one vehicle to another.
C) The selling point of many cars is that they contain Carbon engines.
D) The automobile industry in the U.S. is characterized by low levels of competition.
C
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A mortgage where the interest owed changes in response to movements in a specific market-determined interest rate is called a(n)
A) HELOC. B) fixed-rate mortgage. C) adjustable-rate mortgage. D) second mortgage.
Which of the following statements about mobile Web sites is not true?
A) Mobile Web sites run on a firm's servers, just like a traditional Web site. B) Mobile Web sites can be built using standard Web tools such as server-side HTML, Linux, PHP and SQL. C) Generally, mobile Web sites operate more quickly than traditional Web sites viewed on a desktop computer connected to a broadband office network. D) Most large firms today have mobile Web sites.