When Microwave Ovens Were Originally Introduced,they Posed a Potential Threat

question 82

Multiple Choice

When microwave ovens were originally introduced,they posed a potential threat to the producers of conventional ovens.Over several decades,the effect of microwaves on the sales of conventional ovens has been minimal;in fact,most homes today utilize both appliances.Also,technology has not advanced much in this area and industry profits are flat.Based on this information

• A)the threat of new entrants for either type of oven is high.
• B)the threat of competitive rivalry for either type of oven is high.
• C)the threat of new entrants for either type of oven is low.
• D)the threat of substitutes for either type of oven is high.
• E)the regulatory influence on these ovens is high and changing.

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Definitions:

Cumulative Earnings

The total amount of money earned by an employee since the start of employment or over a specific accounting period before deductions.

Federal Income Tax

Government-imposed earnings tax for entities operating within the United States, calculated based on income brackets.

Pay Period

Pay period refers to the recurring length of time over which employee wages are calculated and distributed, such as weekly, bi-weekly, or monthly.