Based on an Analysis of the Five Competitive Forces, in Which

question 113

Multiple Choice

Based on an analysis of the five competitive forces, in which of the following industries is profitability likely to be lowest?

• A)pharmaceuticals
• B)wireless lighting systems
• C)wearable fitness and health monitors
• D)pizza restaurants
• E)delivery services using drones

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Definitions:

Order Filling

The process involved in gathering and packaging goods or materials to fulfil customer orders.

First Stage Allocations

The initial step in activity-based costing where overhead costs are allocated to various activities.

Overhead Cost

General operating costs not directly tied to a specific product or service, including utilities, rent, and administrative salaries.

Order Filling

The process of completing customer orders, including picking, packing, and shipping the requested items.