Which of the Following Is Not One of the Examples

question 20

Multiple Choice

Which of the following is not one of the examples of Porter's threat of substitute products and services?

• A)Relative performance of substitutes.
• B)Relative price of substitutes.
• C)Switching costs.
• D)Buyer propensity to substitute.
• E)Economies of scale.

Understand the utilization of special bank accounts for payroll processing.

Understand the concept of payroll and its associated liabilities.

Recognize the components and significance of proper payroll accounting methods.

Identify the types of taxes and deductions involved in calculating net pay.

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Definitions:

Social Facilitation

The tendency for people to perform differently when in the presence of others than when alone, typically performing better on simple or well-rehearsed tasks.

Groupthink

is a psychological phenomenon that occurs within a group of people, where the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Groupthink

A psychological phenomenon occurring within a group of people, where the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Discrediting Information

Information intended to undermine or reduce the credibility of a person, concept, or theory.