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sashaice [31]
1 year ago
9

a market is considered to be a(n) when the largest four firms in an industry control more than 40% or more of the market..

Business
1 answer:
Zarrin [17]1 year ago
4 0

The phenomenon "a market is considered to be a(n) when the largest four firms in an industry control more than 40% or more of the market" is known as an oligopoly.

<h3>What is an oligopoly?</h3>

Generally, an Oligopoly is a kind of market structure in which a few major sellers or manufacturers control a market or industry. Oligopoly may refer to either a market or an industry.

Oligopolies are often the consequence of a drive to maximize profits, which frequently results in a collaboration between competing businesses.

Oligopoly refers to a market structure that is defined by a limited number of enterprises that are aware that their pricing and production strategies are depending on one another.

The number of businesses is low enough that each one may have some influence on the market.

Read more about oligopoly

brainly.com/question/14093864

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aliya0001 [1]

Answer:

vii) Which of the following best describes the company-related considerations (beyond software type) for the choice of a process methodology in a software project?

1. Company size and culture and geographic team distribution

2. Start-up vs established company

3. Software size

4. Risk-taking vs. bureaucracy

Explanation:

8 0
3 years ago
The objective of general-purpose financial reporting in the conceptual framework is?
nlexa [21]

The objective of general-purpose financial reporting in the conceptual framework is to provide financial information about the entity to investors and lenders.

General-purpose financial reporting is the report that a business entity gives about its financial health, credit history, assets, etc. to present or prospective investors, lenders such as banks and financial institutions, to enable them to decide whether or not to provide loans to the entity or purchase shares in it.

The information may also be used by other entities such as credit analysts and stock market players. General-purpose financial statements may also include the income statement, balance sheet, record of cash flows, information about shareholder’s equity, and other disclosures.

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7 0
2 years ago
Which of the following statements is true of the justminusinminustime costing​ system? A. It results in increased inventory stor
Ganezh [65]

Answer: D. It increases the need for suppliers to deliver raw materials on time.

Explanation:

The just-in-time costing system is employed in the just-in-time management strategy that aims to minimize inventory, increase efficiency while decreasing waste by receiving goods only as needed for production. The just-in-time production process depends on steady production, high-quality workmanship, no event of machine breakdowns, reliable suppliers etc. As it aligns raw-material orders from suppliers directly with production schedules, it therefore increases the need for suppliers to deliver raw materials on time for production of orders.

8 0
3 years ago
The set of activities that relate to the creation of goods and services through the transformation of inputs to outputs is refer
lara31 [8.8K]

Answer:

Operations management

Explanation:

Operations management is the term which is defined as the administration of the practices of the business in order to create the highest level of the efficiency which is possible within the business.

It is related to the converting of the raw materials and labor into the services and the goods for the business.

Therefore, the operations management is the one which dealt with the set of the activities which relate to the creation of the goods and the services by the transformation of the inputs to output.

5 0
3 years ago
Research ________ are specific, measurable goals the decision maker seeks to achieve in conducting the marketing research
zvonat [6]
<h2><u>Answer:</u></h2>

<em>Research </em>objectives<em> are specific, measurable goals the decision maker seeks to achieve in conducting the marketing research.</em>

<h2><u>Explanation:</u></h2>

<em>Marketing research serves marketing management by providing information which is relevant to decision-making. Marketing research does not itself make the decisions, nor does it guarantee success. Rather, marketing research helps to reduce the uncertainty surrounding the decisions to be made.</em>

4 0
1 year ago
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