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Anna [14]
1 year ago
14

Enterprise Machinists is always improving upon its core competencies by training its machinists constantly so that they are equi

pped to deal with technological changes and advancements. Based on this information, this is an example of which concept
Business
1 answer:
german1 year ago
6 0

The concept of Dynamic capabilities is used by the firm to improve its core competencies.

<h3>What is the concept of Dynamic capabilities?</h3>

This entails a firm ability to integrate and build its competencies to address rapidly changing environments.

Hence, as the firm trains its machinists constantly so that they are equipped to deal with technological advancements, it is adhering to concept of Dynamic capabilities.

Read more about Dynamic capabilities

<em>brainly.com/question/17102004</em>

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If each of two competing monopolists undertakes equal advertising efforts to attract consumers away from the other, the total re
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Complete Question:

If each of two competing monopolists undertakes equal advertising efforts to attract consumers away from the other, the total result is

Group of answer choices:

A. they will both increase market share.

B. they will simply neutralize one another's efforts.

C. they will both lose market share.

D. they will both improve their industrial position.

Answer:

B. they will simply neutralize one another's efforts.

Explanation:

If each of two competing monopolists undertakes equal advertising efforts to attract consumers away from the other, the total result is they will simply neutralize one another's efforts.

A monopolist can be defined as an individual who is engaged in selling a unique product in a market without any competitor. Also, a monopolistic competition involves various firms engaged in monopoly competes with one other, but selling products that are unique and distinct from the other.

Hence, when two competing monopolists undertakes equal advertising efforts to attract consumers away from the other, this would result in one monopolist effort canceling or nullifying the effort of the other. This simply means that, it would have been as though none of them had made any effort at all because they were both involved in doing the same thing. Thus, making the market the same as it were originally prior to their advertising efforts.

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Answer and Explanation:

The Journal entry is shown below:-

Bad debts expense Dr, $2,000

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(Being write off is recorded)

Here we debited the bad debt expenses as it increased the expenses and we credited the accounts receivable as it reduced the assets so that the proper posting could be done  

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A. The proposed new project would have more stand-alone risk than the firm's typical project.

Explanation:

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A monopoly exists when _____ provides a good or service.
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A company controls the market for a good or service
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