When Men's Wearhouse fired a salesperson who wasn't sharing walk-in customer traffic, and total clothing sales volume among all salespeople increased significantly, the company reduced destructive internal competition.
<h3>What is a destructive competition?</h3>
- Multiple producers being driven out of the market by competition.
- When there are numerous manufacturers of a good, prices are frequently driven down to the point that nobody makes a profit, which is when destructive competition takes place.
<h3>What do you mean by internal competition?</h3>
- The aforementioned components are the foundation of our concept of internal competition, which is senior management-sanctioned duplication or overlap of activity within the firm's boundaries in an effort to resolve market or technology uncertainties.
<h3>Is competition is constructive or destructive?</h3>
- However, competition can really be divided into two types: healthy competition and unhealthy competition.
- Two competitors may work better together or may just cause mutual stress, similar to waves crashing into one another to create a larger wave.
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Answer:
The profit maximizing output level declines by 2.5 units and the price rises by $100.
Explanation:
In a monopoly market the inverse demand curve is given as,
P = 1,200 - 40Q
The marginal cost of production of the last unit is $200.
The total revenue is
= 
= 
The marginal revenue of the last unit is
= 
= 1,200 - 80Q
At equilibrium the marginal revenue is equal to marginal price,
MR = MC
1,200 - 80Q = 200
80Q = 1,000
Q = 12.5
Putting the value of Q in the inverse demand function,
P = 
P = $700
Now, if the marginal cost rises to $400,
At equilibrium the marginal revenue is equal to marginal price,
MR = MC
1,200 - 80Q = 400
80Q = 800
Q = 10
Putting the value of Q in the inverse demand function,
P = 
P = $800
Collections of stocks and bonds that are traded on securities exchanges but themselves are traded more like individual stocks than mutual funds?
The correct answer is an exchange-traded fund (ETF)
<h3>
What are exchange-traded funds?</h3>
ETFs, or "Exchange Traded Funds," as the name implies, are funds that trade in exchange-traded funds and typically track a particular index. Investing in ETFs gives you a bundle of assets that you can buy and sell during market hours. It has the potential to reduce risk and exposure while helping to diversify the portfolio.
ETFs have several advantages over traditional open-ended funds. The four main benefits are transaction flexibility, portfolio diversification and risk management, low cost, and tax benefits.
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Answer:
Capability ratio = 1.04166
Explanation:
Given:
Length of a shoe (not deviate) = 1 mm
Standard deviation of this length = 0.32 mm
Number of standard deviations = 3
Find:
Capability ratio = ?
Computation:
Capability ratio = [Length of a shoe (not deviate) / Standard deviation of this length] / Number of standard deviations
Capability ratio = [1 / 0.32] / 3
Capability ratio = 3.125 / 3
Capability ratio = 1.04166
Capability ratio is greater than 1, therefore process is capable.
Answer:
Option "C" is the correct answer to the following statement.
Explanation:
Decision-makers are usually highly skilled in Forecasting Inflation, they educate themselves to get knowledge and skill which will help them to Anticipate inflation slow market rates.
Decision-makers probably expect with a particularly high level of certainty with these forecast many industries change their plans according to inflation.
