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mr_godi [17]
3 years ago
15

Luwam is convinced that her product idea has great potential. She has decided to produce the product herself, but will use other

companies who specialize in storing and transporting products to help her move the product from where it is manufactured to the final consumer. These specialists Luwam uses will be part of her:
Business
1 answer:
Pachacha [2.7K]3 years ago
4 0

Luwam is convinced that her product idea has great potential. She has decided to produce the product herself, but will use other companies who specialize in storing and transporting products to help her move the product from where it is manufactured to the final consumer. These specialists Luwam uses will be part of her: "channel of distribution".

<h3>What is channel of distribution?</h3>

A product or service could travel down a distribution channel to reach the market. A corporation can sell to customers directly through a direct distribution channel, which is typically a website or physical store.

Some characteristics of channel of distribution are-

  • A distribution channel is a network of businesses or middlemen where the final consumer buys a product or service.
  • Wholesalers, retailers, distributors, and the Internet are examples of distribution channels.
  • The manufacturer sells directly to the customer through a direct distribution channel. Before the product reaches the customer, indirect routes use a number of middlemen.
  • The product, promotion, and price are other components of a company's marketing plan, which also includes a distribution channel, usually referred to as placement.

Therefore, the length of a distribution channel depends on how many middlemen are needed to distribute a good or service.

To know more about the distribution channel, here

brainly.com/question/15101442

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The modern enterprises reported all assets in the accounts at current market value. This action is a violation of:
maw [93]

This action is a violation of Cost Principle or Historical Cost Concept.

<h3>What is Historical Cost Concept?</h3>

The historical cost principle states that a company or business must account for and record all assets at the original cost or purchase price on their balance sheet and not at its market price.

The historical cost principle forms the foundation for an ongoing trade-off between usefulness and reliability of an asset.

Thus, if the modern enterprises reported all assets in the accounts at current market value. This action is a violation of Cost Principle or Historical Cost Concept.

Learn more about Historical Cost Concept here,

brainly.com/question/27622433

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4 0
2 years ago
If the value of risk-sensitive assets exceeded that of its liabilities, the bank's profit from the interest rate will:_____
Butoxors [25]

Answer:

Increase

Explanation:

The rate of a bank work or performance is mostly acted upon or influenced by the interest payments earned on its assets (loans and investments) relative to the interest paid on its liabilities (deposits). Bank will get profit from increasing interest rates only if the said assets have floating (adjustable) rates.

When the value of risk-sensitive assets is beyond that of its liabilities, the bank would profit from increase in interest rates.

5 0
3 years ago
Suppose the government finds a major defect in one of a company's products and demands that the product be taken off the market.
Shkiper50 [21]

Answer:

a. demand for existing shares of the stock and the price will both fall.

Explanation:

The stock price is formed by the interaction of supply and demand of companies's shares and when a news like this is released is expected that the future cashflows of that company will drop. Being share buyers rational actors, the demand for the company's shares will drop, therefore the price of the company will drop as well.

5 0
3 years ago
Southwest Airlines is famous for operating at low cost. They achieve low costs because they are very selective in the people the
kumpel [21]

Answer: Its competitive advantage

Explanation: Competitive advantage refers to a situation when a company has some superior position in market than other competing firms.

In the given case, Southwest airlines is operating at low cost due to their high standards in recruitment and cooperative behavior towards their employees. Thus, they are offering something that no other firm is. Hence, due to their special behavior towards their employees they are having low cost and competitive advantage in market.

6 0
3 years ago
Recently, the spot market price of U.S. hot rolled steel plummeted to $400 per ton. Just one year ago, this same ton of steel co
nevsk [136]

Answer:

The computation of given question is shown below:-

Explanation:

One year ago

Quantity supplied = 600 + 4P

Quantity demanded = 9,000 - 8P

600 + 4P = 9000 - 8P

Price one year ago = $700

Quantity one year ago = 3,400

Current market:-

Quantity supplied = 4200 + 4P

Quantity demanded = 9,000 - 8P

4,200 + 4P = 9,000 - 8P

Price for current market = $400

Quantity for current market = 5,800

C(Q) = 1,200 + 15Q2

A representative firm in a competitive market would produce steel where MC = P

MC = dC ÷ dQ = 30Q

The raw steel does a representative firm produce when the market price is $700

30Q = 700

Q = 23.33

The raw steel does a representative firm produce when the market price is $400

30Q = 400

Q = 13.33

7 0
4 years ago
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