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noname [10]
3 years ago
11

Which of the following is an advantage of first movers? Group of answer choices they are not prone to mistakes they have an oppo

rtunity to exploit network effects and positive feedback loops they bear lower pioneering costs than later entrants do they only invest in the latest technology
Business
1 answer:
joja [24]3 years ago
6 0

Answer:

they have an opportunity to exploit network effects and positive feedback loops

Explanation:

The first mover advantage refers to competitive advantages that can be achieved by a firm that first enters a market or launches a new product first. E.g. Volkswagen has a first mover advantage in China because it was the first foreign car manufacturer to successfully a car factory there. Another type of first mover advantage would be the ones obtained by Apple for launching the first smartphone.

Network effects refers to a good or service becoming more valuable because more people purchase or use them, e.g. social media apps.  

Positive feedback loops occurs when a company's output is used as a positive input in the productive system, e.g. when a company uses information gathered by customer service (CRM) to improve the products or services it offers.

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The term crowding-out effect refers to a situation in which a government _______________ results in ______________ interest rate
Allisa [31]

Answer: Deficit; higher; a decrease

Explanation:

<em>The term crowding-out effect refers to a situation in which a government </em><em><u>deficit</u></em><em> results in</em><em><u> higher</u></em><em> interest rates, causing </em><em><u>a decrease</u></em><em> in private spending on investment and consumer durables.</em>

The Crowding-out effect is what happens when a Government increases its spending past its revenues and gets a budget deficit. In other to balance its books therefore it will borrow heavily.

If the Government is such a large one like the American Government or the British Government, the borrowing might be so large that it will have the effect of reducing the amount of loanable funds in the market thereby increasing the interest rates due to a reduced supply of loanable funds.

As there are now increased interest rates, it will be more expensive for companies to borrow to spend on investment or for consumers to spend on durables. It will have the effect of <em>crowding out</em> the private sector.

6 0
2 years ago
Amazon.com and barnes and noble are in the same industry, but their primary difference can be defined as two companies that have
Alenkinab [10]
<span>their primary difference can be defined as two companies that have different : business models Amazon provide a medium so other sellers could sell their books through their sites. This way, they won't need any space for their house cause they sell other's product. Meanwhile, barnes and nobles is a book retailer, which means they produce and put their own books to the stores.</span>
6 0
3 years ago
The trial balance of ABC Co. does not balance. АВС CO. TRIAL BALANCE JUNE 30, 2019 Debit Credit Cash 0 5740 Accounts Receivable
Vika [28.1K]

Answer:

ill do it of you make it more readable

Explanation:

4 0
3 years ago
According to the rational choice decision-making process, the first step in solving this problem would be:
ser-zykov [4K]

Answer:

The correct answer is: identifying the problem or opportunity.

Explanation:

Identifying the problem or opportunity is the first step in the rational decision-making process. To know which direction the firm is going to take, the main issue must be pointed out so based on the possible solutions the company can provide, the first steps can be taken towards achieving the solution.

4 0
3 years ago
Adam’s Computer Shop had the following transactions last week. Record the general journal below.
Setler [38]

Answer:

Oct 1

Dr Supplies $620

Cr Accounts Payable $620

Oct 6

Dr Cash $350

Cr Fees Earned $350

Octd 7

Dr Equipment $2500

Cr Cash$900

Cr Accounts Payable $1400

Oct 9

Dr Accounts Payable $620

Cr Cash $620

Explanation:

Preparation of the journal entries

Oct 1

Dr Supplies $620

Cr Accounts Payable $620

Oct 6

Dr Cash $350

Cr Fees Earned $350

Octd 7

Dr Equipment $2500

Cr Cash$900

Cr Accounts Payable $1400

($2,500-$900)

Oct 9

Dr Accounts Payable $620

Cr Cash $620

4 0
3 years ago
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