Apple and Toshiba Are Deciding Whether to Develop and Sell

question 21

Multiple Choice

Apple and Toshiba are deciding whether to develop and sell a laptop-tablet hybrid to compete with the one developed by Intel.This best describes which of the five competitive forces?

• A)the bargaining power of buyers
• B)the threat from potential entrants
• C)competition from substitute goods or services
• D)the bargaining power of suppliers

Recognize different forms of power and how followers’ perception influences the effectiveness of leadership.

Understand the role and characteristics of a free-rein leader and the type of followers they require.

Identify and explain the sources of legitimate and expert power within organizations.

Describe the concept of a group, including its characteristics and reasons why individuals join groups.

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Definitions:

Manufacturing Overhead

All indirect costs related to the manufacturing process, such as utilities, maintenance, and salaries of supervisory personnel.

Variable Manufacturing Overhead

Costs in manufacturing that vary with the level of production output, such as utilities and certain labor costs; they do not remain constant as production levels fluctuate.

Fixed Manufacturing Overhead

Represents the indirect costs associated with manufacturing that do not vary with the level of production, such as factory rent, salaries of factory supervisors, and depreciation of factory equipment.

Machine-Hours

A unit of measure representing the operating time of machines used in the production of goods.