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NEW QUESTION: 1
Sampson Aerospace is a publicly-traded U.S. manufacturer. Sampson supplies communication and navigation control systems to manufacturers of airplanes for commercial and government use. The company operates two divisions: Commercial Operations and Government Operations. Revenues from the Government Operations division comprise 80% of Sampson's total company revenues. Revenues for other companies in the industry are also driven primarily by sales to the U.S. government.
Sampson has gained a reputation for offering unique products and services. Sampson's market share has been increasing, and its net profit margin is among the highest in its industry.
As part of its business strategy, Sampson seeks out opportunities to enhance internal growth by acquiring smaller companies that possess new technologies that would allow Sampson to offer unique products and services. To this end, Sampson CEO, Drew Smith, recently asked his acquisitions team to consider the purchase of a controlling interest in either NavTech or Aerospace Communications, both software applications firms. Smith provides his acquisitions team with an aerospace analyst's industry report that addresses many key issues within the industry. Selected passages from the report are reproduced below:
Sales in the aerospace electronics industry depend primarily on government military spending, which, in turn, depends on defense budgets. Sales depend on commercial travel to a much lesser extent. The government defense spending budget outlook is fairly bleak as the current administration is looking for ways to reduce the budget deficit. We feel the commercial airline segment has more upside than downside, especially as the global economy improves, so we might see a gradual shift in industry focus toward the commercial airline sector. Companies that already have a foothold in the commercial sector are well-positioned to grow during the global recovery. Even so, companies in this industry will remain highly sensitive to government spending for their revenues. Research and development costs are high and the industry is highly capital intense. While there are only a few companies in this industry, good opportunities exist, especially for companies that have developed sustainable profits through wise acquisitions, cost containment, and the ability to secure long-term government contracts.
Sampson Aerospace recently announced that it is reducing its investment return assumption on its pension assets from 6% to 5%, and that it has entered negotiations to possibly acquire controlling equity interests in communications software firms, NavTech and Aerospace Communications. NavTech recently has decided to capitalize a significant portion of its research and development expense, and Aerospace Communications has restructured and reclassified many of its leases from operating to financial leases.
Sampson CEO Drew Smith recently announced that Sampson had dropped out of negotiations with Knowledge Technologies, claiming it was likely not a sustainable business model.
Consensus forecasts for NavTech and Aerospace Communications are presented in Exhibit 1.

Which of the following is most likely a negative factor in assessing the profitability of Sampson over the medium to long term?
A. Bargaining power of suppliers.
B. Bargaining power of customers.
C. New entrants to the industry.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Since 80% of Sampsons business is with one customer (the U.S. government), we can expect a great deal of bargaining power from that customer. The government will likely use competitive bidding to encourage strong price competition. There is no indication that suppliers have great bargaining power. The threat of new entrants is likely low because of barriers to entry, including high capital expenditures required to enter the industry and perhaps proprietary knowledge about production and company-owned patents. (Study Session 11, LOS 37.b)

NEW QUESTION: 2
You are creating a Web application that maintains profile data of users on the Web site.
The Web.config file of the application contains the following code fragment.
<configuration>
<system.web>
<profile enabled="true" defaultProvider="AspNetSqlProvider">
<properties>
<add name="ZipCode" type="String"/>
<add name="State" type="String"/>
<add name="Settings" type="MyNamspace.MySettings"/>
</properties>
</profile>
</system.web>
</configuration>
You need to save profile data to the database only when users edit the profile. You need to achieve this goal by using the minimum amount of code.
Which two tasks should you perform? (Each correct answer presents part of the solution. Choose two.)
A. ContinueWithProfileAutoSave=false; }
B. Add the following code segment to the Global.asax file. void Profile_ProfileAutoSaving(object sender, ProfileAutoSaveEventArgs e){
C. Set the automaticSaveEnabled attribute to false. Add the attribute to the <profile> node of the Web.Config file.
D. Add the following code segment to the Global.asax file. void Profile_ProfileAutoSaving(object sender, ProfileAutoSaveEventArgs e){
E. Call the Profile.Save method each time the user modifies the profile.
F. ContinueWithProfileAutoSave=true; }
G. Set the automaticSaveEnabled attribute to true. Add the attribute to the <profile> node of the Web.Config file.
Answer: C,E

NEW QUESTION: 3
Select each description on the left and drag it to the correct property mode on the right.

Answer:
Explanation:

NEW QUESTION: 4



A. Option D
B. Option C
C. Option B
D. Option A
Answer: D