1. The stronger the competitive forces in a market:
A) The HIGHER the margins and the LOWER the profitability of the firms in the industry
B) The HIGHER the margins the HIGHER the profitability of the firms in the industry
C) The LOWER the margins the HIGHER the profitability of the firms in the industry
D) The LOWER the margins the LOWER the profitability of the firms in the industry
2. Employment at will:
a. usually applies absent an agreement to the contrary
b. is the presumed status of employees in the U.S.
c. may be modified by an implied agreement
d. may be invoked for a termination based on criticism of the company on Facebook
e. all of the above