Answer:
Difficult entry, Mutual interdependence, Market is control by a few large firms.
Explanation:
An Oligopolistic market very few organisations control a particular market share. Likewise, when another organisation attempts to enter the market, there are obstructions set up by the current organisations. Similarly, if one organisation changes or alter a commodity, it affects all other firms and organisations. So there is mutual interdependence in the oligopolistic market. There is high mutual interdependence because firms produce identical or the same goods and services.
When a shortage occurs, some consumers are fortunate enough to benefit from a lower price if they purchase the good or service before the price increase occurs.
Answer:
You need to deposit $58,481.53 today.
Explanation:
a) Data and Calculations:
Future value expected = $125,000
Period of investment = 7 years
Interest rate = 11% compounded quarterly
The amount of deposit needed today to earn $125,000 in 7 years at annual interest rate of 11% is calculated as follows:
N (# of periods) 28
I/Y (Interest per year) 11
PMT (Periodic Payment) 0
FV (Future Value) 125000
Results
PV = $58,481.53
Total Interest $66,518.47
Unity of Direction states that a particular team of employees with the same goals as well as the same objectives need to work together to achieve those common goals for the success of the company. It has facilitated several organizations in achieving the objectives of firms that they want to have in the industry.
Answer:
10,000 books
Explanation:
Knowns:
Fixed Costs: $50,000
Variable Costs: $4 (price marketing company charges per book sold)
Sale price: $9 per book
We can solve break even (BE) by using the following formula:
BE = (Fixed Cost) / (Sale price-Variable costs)
BE = ($50,000) / (($9-$4)
BE = $50,000 / $5
BE = 10,000 units
I hope this helps!
-TheBusinessMan
