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yKpoI14uk [10]
3 years ago
8

Who “owns” tha vanguard group and what does this allow the company to do?

Business
1 answer:
MatroZZZ [7]3 years ago
4 0

Answer:

John C. Bogle is the founder of the group however it is owned by its customers/clients through the funds managed by the company.

It allows the company to exhibit extra drive and zeal to grow its customer base for future purpose. This is because of the company being highly dependent on its customers for its sustainability.

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First store was open in 1818

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zavuch27 [327]

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The answer is: B) The statement is false. A decrease in the price of digital cameras would decrease the demand for non-digital cameras, but a decrease in the price of non-digital cameras would not cause the demand for non-digital cameras to decrease.

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Suppose we are not currently living in 2019, instead we are back 12 years to 2007 (before the iPhone). Back then , digital cameras were still used by common "unprofessional" users. Digital cameras were an improvement compared to non-digital cameras, so the price of non-digital cameras were much lower than their digital counterparts.

If the price of digital cameras decreased, then the price of non-digital cameras would decrease also. For example, if luxury car companies like Mercedes Benz started selling sedan cars for $20,000, Ford and Chevrolet would be forced to lower the price of their cars since they wouldn't be able to compete with MB at the same price.

But a decrease in the price of non-digital cameras would never decrease their demand. Something else would have caused that decrease. Probably digital cameras became so cheap that everyone could afford one and since they were so much better than non-digital cameras, people simply stopped buying non-digital cameras.  

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The fact that companies can now organize and analyze vast amounts of data on individuals to determine individual behavior profil
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