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Nana76 [90]
4 years ago
5

A firm maximizes its profitability when it: creates products similar to the products of its competitors. strips all the value ou

t of its product offering. minimizes the value provided by its products. picks a position on the efficiency frontier that is not viable. configures its internal operations to support the position selected by it on the efficiency frontier.
Business
1 answer:
sineoko [7]4 years ago
6 0

A firm maximizes its profitability when it<u> "configures its internal operations to support the position selected by it on the efficiency frontier".</u>


In economics, profit maximization is the short run or long run process by which a firm may decide the value, information, and yield levels that prompt the best benefit.

The general guideline is that the firm maximizes profit by delivering that amount of yield where negligible income breaks even with peripheral expense. The profit maximization issue can likewise be drawn closer from the information side.

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If your company’s product is mobile phones, do you think it would make better strategic sense to employ a multidomestic strategy
Blababa [14]

A global strategy would be appropriate since most mobile phones are constructed to work globally and buyer needs across the world are relatively universal.

Companies adopting cross-border strategies are seeking a middle ground between multilateral and global strategies. Such companies try to balance the desire for efficiency with the need to adapt to local tastes in different countries.

Unlike the Strategy, the Global Strategy is centralized and managed from headquarters, seeking to maximize global efficiency. With this strategy, the products are much more standardized than tailored to the local market.

Four major global strategies form the basis of the organizational structure of a global company. These are domestic exporters, multinationals, franchisors, and multinational corporations. Each of these strategies is pursued with a specific operational organizational structure

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4 0
2 years ago
Because eric is a price taker, this last condition can also be written as
charle [14.2K]

Answer:

The question is incomplete, I need more elements to answer.

Explanation:

7 0
4 years ago
Illustrate your understanding of how to use the adjusted trial balance to prepare a statement of retained earnings by completing
ki77a [65]

Answer:

a. Retained earnings

b. Net income

Explanation:

The statement of the retained earning is shown below:

Retained Earning statement

For the year ended

Beginning balance of retained earning XXXXX

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Ending balance of retained earning  XXXXX

With the help of the retained earning, net income, and the dividend the statement of the retained earnings should be prepared.

5 0
3 years ago
2×+y=11 7x=14 systems of Equations
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X = \geq  \lim_{n \to \infty} a_n 14 , y∈r
6 0
3 years ago
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Which of the following is not one of the main factors that contribute to fraudulent activity?
Reil [10]

The correct answer is choice b, incompatible duties.

There are three primary reasons why people commit fraudulent activity, which is represented in the Fraud Triangle. The three primary factors that lead to fraud are opportunity, financial pressure and rationalization.

7 0
4 years ago
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