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NEW QUESTION: 1
Which domains of the Open Group Architecture Framework are included in the customer knowledge phase of Cisco Business Architecture?
A. business architecture, information systems architecture, technology architecture
B. preliminary, architecture vision, business architecture
C. business architecture, information systems architecture, technology architecture, opportunities solutions
D. business architecture, architecture vision, technology architecture
Answer: B
NEW QUESTION: 2
On a precedence diagram, the arrow between two boxes is called:
A. A constraint.
B. The critical path.
C. An activity.
D. None of the other alternatives apply.
E. An event.
Answer: A
NEW QUESTION: 3
Karen Parker wants to establish an environmental testing company that would specialize in evaluating the
quality of water found in rivers and streams. However, Parker has discovered that she needs either
certification or approval from five separate local and state government agencies before she can
commence business. Also, the necessary equipment to begin would cost several million dollars.
However, Parker believes that if she is able to obtain capital resources, she can gain market share from
the two major competitors.
The market structure Karen Parker is attempting to enter is best described as:
A. An oligopoly.
B. A natural monopoly.
C. Pure competition.
D. Monopolistic competition.
Answer: A
Explanation:
Choice "c" is correct. Major competitors and substantial capital requirements (high barriers to entry) are
oligopolistic market conditions.
Choice "a" is incorrect. Pure competition has small barriers to entry and numerous suppliers.
Choice "b" is incorrect. A natural monopoly suggests that economic conditions allow only one supplier for
efficiency purposes.
Choice "d" is incorrect. Monopolistic competition has easier barriers to entry and more firms competing to
supply the market than oligopoly.