A firm’s relative position within its industry determines whether a firm’s profitability is above or below the industry average. The fundamental basis of above-average profitability in the long run is:

What type of supporting activity is purchasing inputs such as material, supplies, and equipment?

Summer Jewelry Company offers inexpensive, nickel-free jewelry, gifts, and other accessories to young women ages 18-34. Which strategy is being described here?

Consider the following Value Chain for Ford Motor Co., as analyzed for the past decade of the company’s operations. The percentages shown is the proportion of value added to the manufacturing of a Ford automobile.  Which process adds the least value to the manufacturing of Ford automobiles?

Which of these situations is likely to cause high bargaining power of suppliers?

Following are possible examples of Entity

Entities in an ERD can be

Consider the given ER Diagram for the Student-Faculty Relationship. What is the degree of this relationship?

Consider the given Employee-Department ERD. The following must be true given this diagram:

Consider the given ERD Diagram for a Student-Faculty Relationship. The given ERD Diagram represents the following entities.