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NEW QUESTION: 1
According to Bruce Henderson, competitive equilibrium is most likely to be stable when:
A. The product is undifferentiated.
B. One major factor is the critical factor.
C. One competitor has twice the market share of a second competitor.
D. Competitors are almost identical.
Answer: C
Explanation:
Bruce Henderson has analyzed firms' reaction patterns when confronted with competitive attacks. A key to the analysis is competitive equilibrium. When one competitor hasapproximately twice the market share of a second competitor, equilibrium exists. The costs of gaining market share outweigh the benefits to either party.
NEW QUESTION: 2
Company A bought a well-defined project deliverable from Company B.
Company A will pay a fixed total price plus a percentage premium for the schedule target achieved.
For which type of contract have they subscribed?
A. Fixed price with Economic Price Adjustment Contracts (FP-EPA)
B. Fixed-price-incentive-fee contracts (FPIF)
C. Firm-fixed-price-contracts (FFP)
D. Time and material contracts (T&M)
Answer: B
NEW QUESTION: 3
Which of the following is used to prevent the electronic emissions of a computer from being used by unauthorized users?
A. System hardening
B. Shielding
C. Spoofing
D. Auditing
Answer: B
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