All categories

4 years ago

Competitive position in the industry

1 answer:

3 0

A competitive position in an industry only occurs when a company is not a monopoly and has multiple companies that are in a state of competition against each other. An example of a competitive position in an industry would be in the clothing industry because there are many companies is attempting to sell clothing and it is a very competitive industry, meaning that companies that sell apparel are in a competitive position in the clothing industry.

You might be interested in

During November, TaskMaster purchased 208,000 pounds of direct materials at a total cost of $436,800. The total factory wages fo

aniked [119]

Answer:

See below

Explanation:

Given the above information,

Direct material price variance is computed as;

= (Actual price - Standard price) × Actual quantity

Actual price = $436,800/208,000

Standard price = $436,800/182,000

Actual quantity = 208,000

Direct material price variance

=[ ($436,800 / 208,000) - ($436,800 / 182,000 ] × 208,000

= ($2.1 - $2.4) × 208,000

= $62,400 unfavourable

8 0

3 years ago

The two managers are interested in hiring one of the applicants for the position. The process by which the managers determine th

kirill115 [55]

The two managers are interested in hiring one of the applicants for the position. The process by which the managers determine the relative qualifications of job applicants and their potential for performing well in a particular job is known as Selection.

The recruiting and selection process has quality components in each phase, from the initial choice to fill a post to the successful employee start. We hope you will gain something from the information offered at each stage of the process as you are one of the people in charge of ensuring a high-quality result. A fantastic employee is more likely to be hired at the conclusion of the process thanks to the information's important advice and suggestions for incorporating quality into EVERY step of the process.

Learn more about selection process here brainly.com/question/898302

#SPJ4

8 0

2 years ago

Wolf Den Craft Beers projects that it will need $50 million in total assets to meet the sales projection of $65 million. The p

ivanzaharov [21]

Answer:

$5 million

Explanation:

As we know the asset is financed from two capital sources equity and liability.

Using Accounting equations as follow

Assets = Equity + Liabilities

Total Assets Value = Equity Value + ( Account Payable + Accrued expenses + Long-Term Debt )

As we both sides are not equal, asset are more that the sum of equity and liabilities so we need more borrowing to finance the assets.

$50 million = $25 millions + ( $8 million + $2 million + $10 million ) + Additional Borrowing

$50 million = $25 millions + $20 million + Additional Borrowing

$50 million = $45 millions + Additional Borrowing

Additional Borrowing = $50 million - $45 millions

Additional Borrowing = $5 million

7 0

3 years ago

Economic growth in China has led to more Chinese people owning cars, which: increased demand for oil but decreased supply, causi

lisov135 [29]

Economic growth in China has led to more Chinese people owning cars, which "increased demand for oil, causing oil prices to rise".

<u>Answer:</u> Option C

<u>Explanation:</u>

Economic growth resulted from efforts made by Chinese population, imports and exports, tax collection etc, which allow people to invest more in buying new goods and services. Here for example if the market of car is increasing on development of economy than oil demand will increase, and after sometime it may lead to oil crisis. It is the common understanding in economy that the thing which become more in market demand, will always face crisis within completion of one cycle.

7 0

4 years ago

Financial markets make the process of borrowing large amounts of money easier because they simplify the negotiation process betw

Mekhanik [1.2K]

Answer:

Reducing risk

Explanation:

The two ways by which risk can be managed are;

✓ Risk avoidance

✓ risk reduction

risk reduction are activities needed to bring about lower likelihood of risk as well as severity of loss. We can reduce risk through reduction of allocation of our resources to risky situation. An example of reducing risk is in the instance of Financial markets that are making the process of borrowing large amounts of money easier because they simplify the negotiation process between borrowers and lenders.

3 0

3 years ago