Answer:
a. In the 17th century, the Dutch East India Company allied with a powerful leader in Indonesia to gain exclusive access to spices, and during the company’s existence, it carried about five times the shipping tonnage of its nearest competitor, an English company.
b. In the 1970s, the Sumitomo Bank of Japan bailed out two major corporate customers at a cost of over $1 billion, greatly hurting its profitability. However, its loyalty to its customers enhanced its reputation, and by 1981 it was Japan’s most profitable financial institution.
d. The Finnish company Stora Enso appeals to the world’s desire to use renewable resources by developing new packaging, paper, textile, and other products based on sustainably grown wood. Quarterly profit recently rose 38% year over year, and the company has garnered much recognition from environmental groups.
Explanation:
Basically there are 3 types of strategies that a company can carry out to try to gain a competitive advantage over its rivals:
- cost leadership strategy: sell the company's products at the lowest price usually through economies of scale. E.G. DUTCH EAST INDIA COMPANY
- differentiation strategy: sell a unique and different product, usually high quality or innovating products. E.G. SUMITOMO BANK
- focus strategy: focus the company's products towards a narrow target segment (niche) either through cost leadership or differentiation. E.G. STORA ENSO
Answer:
False
Explanation:
Angel Investors are investors who invest in new start-ups in order to help them get moving and be able to advance with their goals and visions for the business. They do this in exchange for an ownership equity of the startup that they are investing in. This being the case, since Ted wants to exercise sole ownership and control over the firm for as long as possible, it can be said that it will not be easy to find Angel investors willing to help him meet his financial needs.
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Answer:
$75,000
Explanation:
Accounts Payable = $60,000
Salaries and Wages Payable = $15,000
Mortgage Payable = $85,000
Total Liabilities = $160,000
Current liabilities operating liabilities are a significant part of the accounts of the company.
The total dollar amount of liabilities to be classified as current liabilities:
= Accounts Payable + Salaries and Wages Payable
= $60,000 + $15,000
= $75,000
Answer:<em> The correct option in this case is (c).</em><u><em> i.e. Economic profits induce firms to enter an industry and losses encourage firms to leave</em></u>
Economic profits is the difference between total revenues and total costs excluding opportunity cost.
For a instance when a firm generates economy profits then in that scenario it will be profitable to continue and expand .
