ABC Motors Is the Largest Manufacturer of Cars

question 58

Multiple Choice

ABC Motors is the largest manufacturer of cars.The company purchases raw materials from many small-sized sellers across the globe.In this case, ABC Motors ________.

• A) faces very low threat of substitute products
• B) has high bargaining power over its suppliers
• C) faces very low threat of new entrants to market
• D) has very high bargaining power over its customers

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Definitions:

Organizational Performance

A measure of how efficiently and effectively an organization meets its objectives and achieves its goals.

HR Metrics

Quantitative measures used to gauge and track the performance and effectiveness of human resource activities within an organization.

Business Objectives

Defined goals and aims that an organization seeks to achieve over a specific period of time.

Full-Time Equivalent Employees

A calculation used by organizations to represent the number of full-time workers by considering the hours worked by part-time employees.