Worldwide auction leader ebay started operations in japan just five months after yahoo! launched its japanese auction service. but ebay was never able to mount a credible threat and ended up pulling out of the market. this example shows that: a) online auction markets are characterized by constant shifts in market dominance. b) firms should always subsidize initial adoption of their products and make them cheaper than their competitor's products. c) national markets tend to be influenced by factors that are not necessarily localized. d) market dominance in the global marketplace translates to an equivalent position in national markets. e) it's imperative to move first in markets influenced by network effects.

One question from a survey was "how many credit cards do you currently have? " the results of the survey are provided. complete parts (a) through (g) below. click the icon to view the survey results. (a) determine the mean number of credit cards based on the raw data. the mean is 3.113.11 credit cards. (type an integer or a decimal. do not round.) (b) determine the standard deviation number of credit cards based on the raw data. the standard deviation is 1.9111.911 credit cards. (round to three decimal places as needed.) (c) determine a probability distribution for the random variable, x, the number of credit cards issued to an individual. x (# of cards) p(x) x (# of cards) p(x) 1 0.280.28 6 nothing 2 nothing 7 nothing 3 nothing 8 nothing 4 nothing 9 nothing 5 nothing 10 nothing (type integers or decimals. do not round.)

The face of a company is often that of the lowest paid employees who meet the customers. select one: true false

Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%