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Vadim26 [7]
3 years ago
8

When a firm cannot realize the cost savings from economies of scale all by itself, it may join in a strategic alliance with othe

r firms so that together both firms will have sufficient volume to be able to gain the cost advantages of economies of scale.
True / False.
Business
1 answer:
stepladder [879]3 years ago
4 0
True I think sorry if I get it wrong
You might be interested in
The Harrisburg Store has net working capital of $2,715, net fixed assets of $22,407, sales of $31,350, and current liabilities o
Flauer [41]

Answer:

a. $1.08

Explanation:

Total assets include net fixed assets, working capital and current liabilities. Harrisburg Store's total assets are:

A= \$22,407+\$2,715+\$3,908\\A=\$29,030

The total asset turnover is the amount of money worth of sales generated from every $1 in total assets and is given by:

TAT=\frac{sales}{assets}=\frac{\$31,350}{\$29,030} \\TAT = \$1.08

$1.08 worth of sales are generated from every $1 in total assets.

7 0
3 years ago
Richard, an engineer, supervises the construction of a new mountainside roadway. When the road collapses in a landslide due to f
finlep [7]

Answer: Other Engineers.

Explanation:

In the event of a bridge collapse the engineer that supervised the project would be held responsible because he/she was unable to avoid all possible factors that could have led to the bridge collapse, as is required in the engineering profession. Therefore, when supervising a construction job the engineer in charge has to ensure that all possible factors that can lead to structure failure is eliminated.

6 0
3 years ago
If a new restaurant owner determines that she does not have sufficient funds to open a new location, where does this determinati
luda_lava [24]

Answer:

This determination belongs to "W" in SWOT analysis.

Explanation:

SWOT is an analyzing technique of the organizations. It stands for Strength, Weakness, Opportunities, and Threats. Here, strength includes various resources in which the company is doing better whereas weaknesses include the inefficiency of the company. Opportunity refers to various other alternatives for the company and threat includes various possibilities or situations that can harm the company, for example, emerging competition. Therefore, we can say that not having sufficient funds is a part of “W” in the SWOT analysis.

6 0
3 years ago
Smith operates a roof repair business. This year Smith's business generated cash receipts of $32,000 and Smith made the followin
rodikova [14]

Answer:

Net income = $20,940

Explanation:

Answer 1.

   

Accounts                                                                                                                

Cash Receipts                             32,000  

Expenses    

Advertising                    500    

Depreciation                 3,200    

Car & Truck Expense       1,360    

Employee Compensation  5,000    

Education                    1,000                          11,060  

Net Income                                               20,940  

   

Therefore, the net income that Smith should report from his business after considering all the cash receipts and all the expenditures associated with his business is $20,940. All the expenses are to be deducted from income.

6 0
3 years ago
If a firm offers a service that is valuable, rare, and costly to imitate, but a substitute exists for the service, the firm will
Shalnov [3]

Answer:

c. have a temporary competitive advantage

Explanation:

In this case, it is correct to say that the company has a temporary competitive advantage, as there is a substitute for its valuable, rare and expensive service to imitate.

The company gained a competitive advantage in the market for being the only one to offer that service, which by the attributes confer barriers of entry for new competitors, but when there is a substitute for the service and that have the same characteristics, it is correct to say that the company it will lose its competitive advantage in a matter of time, because with more competitors in the market it is common for there to be some loss of market share, so in this case it is ideal for the company to adapt and seek new attributes to innovate, generate more value for consumers and so seek a differential that will guarantee you a higher position in the market.

5 0
2 years ago
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