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4vir4ik [10]
3 years ago
6

In a ____, a market rarely remains the domain of one organization for long; thus, competition ensues almost immediately

Business
1 answer:
GaryK [48]3 years ago
5 0
In a free enterprise system, a market rarely remains the domain of one organization for long. Thus, competition ensues almost immediately. It is a type of economy wherein the determination of products, services and prices are done by the market rather than being done by the government. It is an economy  that is not being controlled by the government.
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A regional airline owns 10 aircraft and employs 20 pilots. The airline makes an average of three trips per day with each of its
marishachu [46]

Answer:

a short-run decision because the number of aircraft is held constant while the labor input is changed.

Explanation:

In the short run, at least one variable or factor of production is fixed and cannot be changed. In the long run, all factors of production can be changed.

In this case, the number of aircraft is the fixed factor of production (capital) while labor is variable because more pilots can be hired. Regulation state that pilots must rest a certain amount of time in between flights, so if you want to increase the amount of flights you need to hire more pilots and cabin crews since regulations do not require planes to rest.

6 0
3 years ago
Janice Hartley works as a writer at a fashion magazine in New York. She was recently asked by her editor to write an article on
N76 [4]

Answer:

C

Explanation:

Affective component has been displayed as mood and feelings have been touched as a result of the feedback Janice got from her boss.

Cheers

5 0
4 years ago
Someone criticizes the government for increasing interest rates but approving the increase in government spending. They are crit
yarga [219]

When a pressure group criticizes a  government for increasing interest rate but praise them for increase in government spending, then, they are criticizing the government’s fiscal policy and praising the government monetary policy.

<h3>What is a fiscal and monetary policy?</h3>

Basically, a fiscal policy means the method of using a spending and tax policies to influence economic conditions while  monetary policy means the general control of the quantity of money available in an economy

In conclusion, whan a pressure group criticizes a  government for increasing interest rate but praise them for increase in government spending, then, they are criticizing the government’s <u>fiscal policy</u> and praising the government <u>monetary policy</u>.

Read more about fiscal policy

<em>brainly.com/question/6583917</em>

7 0
3 years ago
The net current asset investment (ncai) is defined as the change in current assets minus the change in sum of the accounts payab
-Dominant- [34]

The net current asset investment (NCAI) is defined as the change in current assets minus the change in the sum of the accounts payable and accruals. - True.

Net current assets refer to the difference between the aggregate amount of all current assets and the Aggregate amount of current liabilities. It is also known as working capital or shareholder's equity. It is regarded as an important parameter for determining an organization's financial health on a balance sheet.

The net current assets are the tangible assets which encompass cash, inventory, and receivable, which denotes the money owed to a company. There is a positive working capital ratio when the net current assets are sufficient enough to pay the current liabilities. The opposite of this situation represents a negative working capital ratio.

Learn more about current assets: brainly.com/question/10322678

#SPJ4

7 0
2 years ago
How would you characterize the strategy for competing internationally that ford was pursuing prior to the arrival of alan mullal
miskamm [114]

1. Prior to the arrival of Alan Mullay, Ford was following a strategy of offering products that were modified as per the tastes and preferences of the local market. It did not pusrue a strategy of standardization. For Ford, the focus was to meet the particular demands of local consumers. The benefits of this strategy was that particular tastes and preferences of loacl consumers were satisfied by producing models with different specifications for different markets. For example, Americans love SUVs and trucks while Asian and European consumers have a preference for fuel efficient cars. This strategy helps Ford to cater to all the different needs.

In terms of costs, such a stratgey increased the production and operations costs as the economies of scale could bot be achieved. Further advantages of standardization like common parts, sharing of development costs could not have been reaped by Ford, thus increasing costs. Ford was pursuing this strategy due to the autonomy of different regions within Ford's organization.

<span>2. With the One Ford initiative, Mullay is trying to create car platforms that can be used accross the globe without any need for modifications and customizations. The benefits of this strategy is that development costs will be shared among different markets, common parts can be procured for a car model and eventually economies of scale can be achieved. For example, small cars like</span> Focus will have the same set of requirements accross the globe and can be standardized easily. In terms of drawbacks, Ford will not be able to cater to regional nuances in the taste of customers belonging to different markets.

<span>3. The One Ford initiative does not imply that Ford will now disregard national and regional differences in demand. It will merely cut down the number of platforms that stands at 15 currently to around five platforms. Minor modifications will be allowed under the platform and these minor modifications will ensure that national and regional differences in demand is satisfied. This is specially the case for smaller cars like  Focus, or the Escape SUV.</span>

<span> </span>

5 0
4 years ago
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