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Alika [10]
1 year ago
12

Switching costs, the number of buyers, and if the items represent a relatively small portion of the cost of finished products ar

e key considerations regarding the ________.
Business
1 answer:
Murrr4er [49]1 year ago
7 0

Switching costs, number of buyers, and if the items represent a relatively small portion of the cost of finished products are key considerations regarding the bargaining power of buyers.

Switching costs are the costs which are paid by a consumer as a result of switching brands, suppliers, or products. Some companies may employ high switching costs in order to prevent customers from moving to another brand.

Suppose if the customer purchases large volumes of standardized products from the seller, then the buyer's bargaining power is quite high.  Also, when substitute of a product is available in the market, the buyer power increases.

Hence, most prevailing switching costs are monetary in nature.

To learn more about switching costs here:

brainly.com/question/15561738

#SPJ4

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Labor Recruiters, Inc., has been ordered to appear at a hearing before an administrative law judge of the National Labor Relatio
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8 0
3 years ago
On June 15, Kersee Company sold merchandise on account to Eng Co. for $1,000, terms 2/10, n/30. On June 20, Eng Co. returns merc
Nookie1986 [14]

Answer:

The amount received on June 24 is $686

Explanation:

given data

sold  account = $1,000

terms = 2/10, n/30

returns merchandise = $300

to find out

amount of cash received on June 24

solution

we know here that payment is made within the discount period

that is discount period  =   10 days

so amount received will be here

amount received = sold  account  - returns

amount received = $1000 - $300

amount received = $700

and discount is here

discount = 2% of amount received

discount = 2% × $700

discount = $14

so

amount of cash received is = amount received - discount  

amount of cash received is = $700 - $14

amount of cash received is $686

8 0
2 years ago
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8 0
3 years ago
When managers determine that an organization is not making sufficient progress toward achieving its goals and objectives and the
Alekssandra [29.7K]

Managers are involved in controlling when they conclude that an organization is not making adequate progress toward reaching its goals and objectives and develop remedial actions.

  • Control is a management activity that aids in the detection of problems and the implementation of corrective actions. This is done to reduce deviation from standards and guarantee that the organization's overall goals are met as desired.
  • Controlling is the process of assessing an organization ’s objectives toward its objectives. It comprises monitoring the implementation of a strategy and correcting errors from that plan.
  • Control management is a process that helps your firm spot problems, make adjustments, and keep project management on track. Control management increases your firm's chances of achieving its goals.
  • Controlling is one of the most important management duties of a goal-oriented organization. Management control approaches are classified into two types: modern and classic control strategies. Feedforward, feedback, and concurrent controls are examples of management control techniques.

Thus the correct answer is controlling.

To learn more about controlling, refer: brainly.com/question/28109846

#SPJ4

7 0
10 months ago
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