This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: According to the textbook, the single most important thing the founders of an entrepreneurial ... (Read 63 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
on: Jul 6, 2018
According to the textbook, the single most important thing the founders of an entrepreneurial venture can do is ________.
 
  A) start a board of advisors
  B) establish business partnerships
  C) make money
  D) select a limited liability corporation as opposed to an S-corporation
  E) establish a strong ethical culture for their firms

Question 2

The price of prescription medicine is high, partly because when someone is sick there is no real alternative to buying medicine if they want to get better.
 
  Which of Porter's five forces explains how this aspect of the prescription medicine industry helps keep profitability high?
  A) Rivalry among existing firms
  B) Threat of new entrants
  C) Threat of substitutes
  D) Bargaining power of buyers
  E) Bargaining power of suppliers


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dudman123

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jul 6, 2018
Answer to Question 1

E

Answer to Question 2

C


wenmo

  • Hero Member
  • *****
  • Posts: 540
Reply #2 on: Jul 6, 2018
Thank you


dudman123

  • Sr. Member
  • ****
  • Posts: 304
Reply #3 on: Jul 6, 2018
No problemo


« previous next »
 

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

It is important to ask patients what other health care providers they are seeing, such as the dentis It is important to ask patients what other health care providers they are seeing, such as the dentis
Animal carcasses like this South African wildebeest provide important nutrition for both hunters and Animal carcasses like this South African wildebeest provide important nutrition for both hunters and
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
George Herbert Mead (1863– 1931) is one of the founders of symbolic interactionism, a major ... George Herbert Mead (1863– 1931) is one of the founders of symbolic interactionism, a major ...
Important Land Ecoregions Important Land Ecoregions
Red, fleshy fruits of hawthorn plants (Crataegus) are an important food for cedar waxwings (Bombycil Red, fleshy fruits of hawthorn plants (Crataegus) are an important food for cedar waxwings (Bombycil
Video: Ciliate conjugation Animation

For a complete list of videos, visit our video library