The threat of substitutes is held constant in Porter's five forces model. (True or false?)

The threat of substitutes is held constant in Porter's five forces model.
  Indicate whether the statement is true or false

QUESTION 2

Which of the following are examples of job amenities?
 a. a child-care center at work
  b. a pleasant view
 c. a workplace gymnasium
 d. all of the above

QUESTION 3

The information to be gathered for a decision depends on which of the following?
 a. The current market conditions and on the expected costs and benefits of acquiring the information.
  b. The model that underlies a decision and on the expected costs and benefits of acquiring the information.
  c. The cost of the information and the current market conditions.
  d. The model that underlies a decision and the amount of information that is internally available.

QUESTION 4

Porter's five forces model is trying to identify things that leads to a company's success.
  Indicate whether the statement is true or false

QUESTION 5

Job amenities:
 a. have no impact on the supply of labor.
 b. are not part of the compensation workers receive from employers.
  c. help determine the position of the labor supply curve.
 d. never affect the monetary wages paid to workers.

QUESTION 6

The board of directors of Fast Food Inc, have the final say in all decisions made for the firm. Market conditions and recent poor performance has caused some discord among the board members. Which of the following statements is likely to be true?
 a. The decisions the board members take may lead to compromises that are not in the interests of the shareholders.
  b. Decision-making will be decentralized in this firm.
  c. People lower in the hierarchy of this firm will be better equipped to take decisions.
  d. The board's incentives are aligned with those of the firm's principals.

QUESTION 7

The bargaining power of customers is not one of Porter's five forces.
  Indicate whether the statement is true or false

QUESTION 8

Which of the following will result in a leftward shift of the market supply curve for labor?
 a. an increase in immigration
 b. a decrease in labor productivity
 c. an increase in the working-age population
  d. an increase in nonwage income