____ refers to how passively or aggressively the businesses within an industry compete with each other
a. Threat of substitute products or services
b. Threat of new entrants
c. Degree of rivalry among existing competitors
d. Degree of external competition
c
Business
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Marcus Company gathered the following data about the three products that it produces:
Product Present Estimated Additional Estimated Sales Sales Value Processing Costs if Processed Further A $12,000 $8,000 $21,000 B 14,000 5,000 18,000 C 11,000 3,000 16,000 Which of the products should not be processed further? a) Products A and C b) Product B c) Product C d) Product A
Business
The major advantages in the use of company department managers as auditors are objectivity and lack of time pressure
Indicate whether the statement is true or false
Business