Which of the Following Is True of New Entrants

question 72

Multiple Choice

Which of the following is true of new entrants?

• A)They will have records on customers' purchase habits.
• B)They have strong customer loyalty.
• C)They can lock in suppliers to gain a competitive advantage.
• D)They are yet to develop relationships with suppliers.

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Definitions:

Complement Rate

In finance, it usually refers to the difference between 100% and the given rate of interest, used to calculate discount or markup rates.

Net Price

The final price after any discounts, rebates, or other deductions have been applied.

Complement Method

A technique used in mathematics and computer science to subtract one number from another by complementing one of the numbers and performing addition.

Trade Discounts

Reductions in the listed price of goods or services offered to buyers in a particular trade or industry, often provided for bulk purchases or to maintain business relationships.