What are the reason for market dominance

1 answer:

3 0

Market dominance is a measure of the strength of a brand, product, service or firm, relative to competitive offerings. In defining market dominance, you must see what extent a product, brand, or firm, controls a product category in a given geographic area.

You might be interested in

The ________ shows the change in the firm's working capital since the beginning of the year. 1. balance sheet 2. income statemen

Sedbober [7]

Answer: The statement of cash flows.

Explanation:

The statement of cash flows is an accounting record where the record of financial income of a company is taken record of and also the statement of cash flow shows the amount spent on running a business.

7 0

3 years ago

Which type of retailer carries a narrow product line with deep assortments within those lines?

Romashka-Z-Leto [24]

<span>This is a specialty store. These types of stores typically cater to a specific clientele, and typically have expertise in a narrow area. Unlike big-box retailers, these specialty stores will more often have a specific product category and will only offer products that fit that description, instead of an all-encompassing line of offerings.</span>

8 0

3 years ago

The fair values of all of Sirius's assets and liabilities were equal to their book values except for inventory that had a fair v

lubasha [3.4K]

Answer:

Explanation:

The fair value is the value above the book value. The financial statements are prepared at historic cost and when the value of assets rises a revaluation account is created to present financial statements accurate. The fair values of Sirius's assets are equal to book value and all assets are presented at cost or book value. There will be no revaluation charged to the consolidated statement.

5 0

3 years ago

Royal Chocolatier, a British manufacturer of chocolates, granted U.S. company American Candy Inc. the right to produce and sell

WINSTONCH [101]

Answer:

Royal Chocolatier is licensing their product line to American Candy.

Explanation:

Licensing agreements are useful because both the licensee (company receiving the license) and licensor (company granting the license) are benefited:

The licensor benefits since the licensee bears all the costs and risks of the new activity.
The licensee is able to sell a well established and recognized brand without having to develop the brand themselves.

Licensing results in the licensee bearing the costs and risks.

8 0

3 years ago

While in the process of posting from the journal to the ledger, a company failed to post a $500 debit to the equipment account.

shepuryov [24]

While in the process of posting from the journal to the ledger, a company failed to post a $500 debit to the equipment account. the effect of this error will be that <u>the </u><u>trial balance</u><u> will not balance. </u>Option E

This is further explained below.

<h3>What is an equipment account.?</h3>

Generally, The cost of the equipment is reported through an accrued liabilities or long-term asset account known as the equipment account.

In conclusion, A corporation made a critical error while they were uploading transactions from the journal to the ledger because they forgot to report a debit of $500 to the equipment account.

The trial balance will not be accurate as a result of this error because it will throw off the calculations. Option E