In the tech world, about 90% of the world's nearly one billion PCs use Microsoft's operating systems and 80% use Intel's microprocessors. This represents which aspect of the Porter's five forces model?
A) bargaining power of suppliers
B) bargaining power of buyers
C) threat of substitute products
D) rivalry among competitors
E) threat of new entrants
A
Business
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Using the data in the preceding question, assume accounts receivable had a beginning balance of $67,400 and net credit sales for the current year totaled $807,800. How many days did it take Schultz to collect its average level of receivables?
a.) 49 b.) 35 c.) 29 d.) 26
Business
Because of who owns them, the brand names of producers such as Kellogg's, Sherwin Williams, Harley-Davidson, and Ocean Spray are called which of the following?
a. manufacturers' brands b. master brands c. individual brands d. family brands
Business