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oksian1 [2.3K]
4 years ago
9

When a firm enjoys a competitive advantage, it attracts a significant amount of attention and its products or services can be at

risk due to: direct imitation or substitution social complexity. Causal ambiguity value erosion?
Business
2 answers:
Elis [28]4 years ago
6 0

When a firm enjoys a competitive advantage, it attracts a significant amount of attention and its products or services can be at risk due to social complexity. Social complexity is used to describe how society works and how it is broken into different categories. When studying the social complexity theory it allows us to better understand how relationships form and happen depending on the people, situation and circumstance of the relationship.

svetoff [14.1K]4 years ago
5 0

Answer: Direct imitation or Substitution

Explanation: When a  Firm enjoys competitive advantage it attracts significant attention from its competitors. the competitors attempt to take over this resource advantage in order to negate the firms resource advantage. This can be done in two ways, either by imitating the resource in which the firm has a competitive advantage ( <u><em>direct imitation)</em></u> or by substituting the firms product by providing a similar product or service referred to as <em><u>substitution</u></em>.

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Harris Company had checks outstanding totaling $4,948 on its May bank reconciliation. In June, Harris Company issued checks tota
Elis [28]

Answer:

$20,665

Explanation:

The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items. These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.

To reconcile the two balance moving from the bank statement balance to the cash account balance;

The amount of outstanding checks on Harris Company's June bank reconciliation is the net to amount of checks cleared and the total of checks written. This amount

= $4,948 + $41,405 - $25,688

= $20,665

The Company's customers of $348 was also returned marked "NSF is a part of the outstanding checks.

7 0
3 years ago
Read 2 more answers
Swifty Corporation purchased a machine for $66000 on July 1, 2020. The company intends to depreciate it over 8 years using the d
Lostsunrise [7]

Answer:

Depreciation expense= $7,612.5

Explanation:

Giving the following information:

Purchase price= $66,000

Salvage value= $5,100

Useful life= 8 years

<u>First, we need to determine the depreciation expense for the whole year. We will use the following formula:</u>

<u></u>

Annual depreciation= 2*[(book value)/estimated life (years)]

Annual depreciation= 2*[(66,000 - 5,100) / 8]

Annual depreciation= $15,225

<u>For 2020:</u>

Depreciation expense= (15,225/12)*6= $7,612.5

3 0
3 years ago
According to the quantity theory of money, the quantity of money is related negatively to the nominal interest rate:
galben [10]

Answer:

d. positively to the nominal gross domestic product

Explanation:

The quantity theory of money :

M = (P x Y ) / V

Where m = quantity of money

P × Y = nominal GDP

V = velocity

Velocity is assumed to be constant in the short run. It is also believed that Y is constant in the short run. Therefore, movement in price level is determined by the quantity of money.

I hope my answer helps you.

3 0
4 years ago
Categories of expenditures Gilberto and Juanita Jones live in Swarthmore, PA. Juanita's father, Lorenzo, lives in Sweden. For ea
kotegsom [21]

Answer:

a. Imports

b.Exports or Consumption

c. Consumption

d. Government Spending

e. Consumption.

Explanation:

a. if Gilberto buys Italian wine in the US that is part of consumption spending because the store that Gilberto buys from already imported the wine from Italy and paid all the costs that go with it but if Gilberto orders the wine from Italy that will be part of imports because the wine will have to be imported then have all those importing costs on it.

b. Juanitas father will be exporting the syrup if its from the US even though he might buy it online as he lives in Sweden .

c. Juanita will be part of consumption spending for goods and services as this will be part of the US GDP consumption spending.

d. This is part of government purchases as the government will spend on everything that includes repaving the high way.

e. Consumption spending because they are manufactured in the US and they are in the US therefore its part of the US purchases of goods and services.

8 0
3 years ago
For a product like video cassette recorders (VCRs), which is in the decline stage of its product life cycle__________.
slavikrds [6]

Answer:

due to DVD's which are also declining as movies are now easily accessible online through i-tunes, appleTv, illegal downloads etc. This means DVD stores are starting to close down as demand isn't present.

Therefore it can be predicted that DVD's would most likely suffer the same fate as VCR's.

6 0
4 years ago
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