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NEW QUESTION: 1
Under which of the following conditions is the supplier most able to influence or control buyers?
A. When the industry is controlled by a large number of companies.
B. When the supplier's products are not differentiated.
C. When the purchasing industry is an important customer to the supplying industry.
D. When the supplier does not face the threat of substitute products.
Answer: D
Explanation:
Choice "b" is correct. When there are few good substitutes for a supplier's product, the supplier has
market power (think of a monopoly). As a result, the supplier is better able to control buyers and act as a
price setter rather than a price taker. Choice "a" is incorrect. When supplier's products are not
differentiated, buyers will be indifferent about which supplier they purchase from. In other words, if firms
sell identical products (think of perfect competition) the product of one firm is a perfect substitute for the
product of another firm. In this case, firms are price takers, not price setters. Choice "c" is incorrect. When
there are a large number of firms, no one firm has much market power. This is the case of either perfect
competition (if all firms sell identical products) or monopolistic competition (if all firms sell slightly
differentiated products). Choice "d" is incorrect. If the purchasing industry is an important customer of the
supplier, the purchasing industry (i.e. the buyer) will have some market power. This will diminish the
ability of the supplier to influence or control the buyer.
NEW QUESTION: 2
Which feature helps to simplify and scale branch IT operations?
A. Quality of service to BYOD applications
B. WAN optimization for every size site
C. Selection of optimal path by application type and priority
D. Visibility into encrypted wireless traffic
Answer: B
NEW QUESTION: 3
The term "quality audit" can refer to the appraisal of the quality system of
I. An entire plant or company.
II. One product.
III. One major quality activity.
A. II and III only
B. I and III only
C. I, II and III
D. I only
Answer: C
NEW QUESTION: 4
フォーマットが定義されていないが、分析を可能にする自己記述型の構造を持つデジタルデータのタイプはどれですか。
A. 準構造化データ
B. メタデータ
C. 半構造化データ
D. 構造化データ
Answer: C