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Kipish [7]
4 years ago
8

Business firms that sell to retailers and other merchants, and/or to industrial, institutional, and commercial users-but which d

o not sell in large amounts to final consumers-are ________.
Business
1 answer:
kaheart [24]4 years ago
7 0
Business firms that sell to retailers and other merchants, and/or to industrial, institutional, and commercial users-but which do not sell in large amounts to final consumers-are called wholesalers. These are businesses that  would purchase product in very large amounts and sells them to other businesses or the retailers at a lower price whose target customers are the consumers. 
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Which of the following is typically the case for companies that operate in product markets where there is relatively little comp
Igoryamba

Answer:

Which of the following is typically the case for companies that operate in product markets where there is relatively little competition from other companies?

C) higher wages and higher profits

Explanation:

A situation where different organizations are striving to sell the same product is known as competitive markets. When the number of companies selling the same product is small, then we can say that the market has little competition from other companies. A market that has little to no competition has the following qualities;

1. Reduced efficiency

In a market where companies operating in a market have little competition, the efficiency in terms of processing time, and overall quality of finished products is very low since the demand for products is guaranteed whether the product is of high quality or not. The customers have no other choice but to buy from them.

2. Higher profits

In markets that there is little competition, the companies are always few. This means that the market share per company is relatively bigger than other markets. Bigger market shares translates to increases sales, thus higher profit margins.

3. Higher wages

Companies that have higher profits as a result of bigger market shares tend to pay their employees higher wages since the available disposable income is high.

6 0
3 years ago
Cusic Music Company is considering the sale of a new sound board used in recording studios. The new board would sell for $26,400
Sav [38]

Answer:

The correct answer is = $64,409,960

However, if we assume there are no Differed Tax, the answer will be

$47,371, 400

Explanation:

OCF stands for Operating Cash Flow.

The basic formula for Operation Cash Flow is =

Net Income + Non-Cash Expenses - Increase in working capital

Net Income:

Old Boards = 1,520 x 24,900 = $37,848,000

New Boards = 1500 x 26,400 = $39,600,000

Total Income = $77,448,000

Non-Cash Expenses:

Depreciation = 1.875 million + 2.9 million = $4,775,000

(Assumption) Differed income tax = 22% of Sales  = $17,038,560

Total Non-Cash Expense = $21,813,560

Increase in working Capital:

45% of Sales

i.e. $34,851,600

Hence:

77,448,000 + 21,81 3,560- 34,851,600

= $64,409,960

3 0
4 years ago
A sales proposal is likely to be considered as effective when it: Group of answer choices requires interpretation by the custome
Allisa [31]

Answer:

has a logical flow that a customer can easily follow.

Explanation:

No matter how good the deal is, if the customer cannot understand it, then it's no good. Customers must be able to understand what you are offering to them, and they must feel that their needs are being addressed by your offer.

A sales proposal is only going to be effective if it focuses on satisfying the customer's needs and how the customer perceives value. Canned proposals are usually not very effective since they are basically similar for every type of customer, it pays little attention to the buyer's requests or needs. Written proposals provide permanent record of the offer, intentions and possible claims.

But a salespersons ability to uniquely address a buyers problems and needs can make a huge difference during a sales presentation and proposal.

5 0
3 years ago
An auto shop normally charges $30.00 for an oil change, but they gave a 10% discount during a promotion sale. if a customer had
lisov135 [29]
$30.00x85%=$25.50

Because 10%+5%=15% discount, so 100%-15%=85%

So discounted cost of oil change is $25.50. Hope this helps.
3 0
3 years ago
In an economy in which decisions are guided by prices and individual self-interest, there isa. the potential to achieve efficien
S_A_V [24]

In a market economy, like the one described in the question, there is the potential to achieve efficiency in production. This is because producers can choose what they produce and can focus on the products they are good at. This can help with economies of scale and efficiency.

3 0
3 years ago
Read 2 more answers
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