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koban [17]
3 years ago
8

Industries that are viewed as specialty (instead of a commodity) have a high level of rivalry?

Business
1 answer:
nikdorinn [45]3 years ago
4 0

Answer:

Specialty goods are the products which require high efforts in purchasing because their cost is certainly high, consumers cant take a risk of buying them frequently, like sporting cars, high end cameras, luxury high end clothing etc. There are many industries in specialty goods in which you can see intense level of rivalry. For example, in sporting cars, you have multiple brands which have very severe kind of rivalry like Jaguar and BMW - Lexus and Lotus, they not compete in cars but they compete in their advertisements, evenest as well.

Whereas, when you consider, photographic camera industry, you will also find intense kind of rivalry between Canon and Sony, Leica and Olympus. Here they not only face direct competition from other camera brands, but they also have to face competition from the cell phone industry, which also provide high end cameras in their cell phones like iPhone, Samsung and Oppo etc.

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When a sales manager determines that her staff is not making sufficient progress toward meeting monthly sales quotas and develop
Studentka2010 [4]
When a sales manager determines that her staff is not making sufficient progress toward meeting monthly sales quotas and develops a plan of corrective action, which shows that <span>she is performing the management function of <span>CONTROLLING.
Because, </span></span> her important duty as a controller is to set a goal and performance standards.
7 0
2 years ago
Case A.
MA_775_DIABLO [31]

Answer:

Kapono Farms

Case A:

a. The loss that Kapono would recognize on the exchange is:

= $6,600.

The initial value of the new tractor is:

= $38,900.

b. The gain that Kapono would recognize on the exchange is:

= $6,500.

The initial value of the new tractor, if cash payment of $29,000 was made, would be:

= $52,000.

Case B:

c. The amount of gain that Kapono would recognize on the exchange is:

= $245,000.

The initial value of the new land is:

= $790,000.

d. The amount of the loss that Kapono would recognize on the exchange of land is:

= $109,000.

The initial value of the new land is $495,000, if payment of $59,000 is made.

e. If the exchange lacked commercial substance, there is no gain or loss.

The initial value of the new land would be the book value of the old farmland, which is:

= $545,000.

Explanation:

a) Data and Calculations:

Book value of old tractor = $16,500     $16,500

Fair value of old tractor =       9,900      23,000

Loss from the exchange =   $6,600       -6,500

Value of new tractor

Fair value of old tractor =     $9,900   $23,000

Cash payment to complete 29,000     29,000

Value of new tractor          $38,900   $52,000

Case B:

Book value of farmland = $545,000   $545,000

Fair value of farmland =      790,000     436,000

Gain from exchange =      $245,000   $109,000

Value of New Farmland:

Fair value of old farmland $790,000  $436,000

Cash payment to complete   59,000      59,000

Value of new farmland =   $849,000  $495,000

3 0
2 years ago
If the cross-price elasticity of two goods is negative, then the two goods are a. inferior goods. b. normal goods. c. complement
Solnce55 [7]

Option C. If the cross-price elasticity of two goods is negative, then the two goods are <u>complements.</u>

<u></u>

<u></u>

<u></u>

What is Cross-Price Elasticity?

  • Cross-price elasticity measures how sensitive the demand of a product is over a shift of a corresponding product price.
  • Often, in the market, some goods can relate to one another.
  • This may mean a product’s price increase or decrease can positively or negatively affect the other product’s demand.
  • A price increase of a complementary product will lead to lower demand or negative cross-price elasticity, and a price increase in a substitute product will lead to increased demand or a positive cross-price elasticity.
  • Unrelated products have zero cross-price elasticity.
  • For substitute products, an increase in the price of a substitute product increases the demand for the competing product.
  • This is often because consumers always try to maximize utility.
  • The less they spend on something, the higher the perceived satisfaction.

To know more about cross- price elasticity , refer:

brainly.com/question/15308590

#SPJ4

4 0
2 years ago
Which of the following transactions will increase an asset and increase a​ liability? A. Purchasing office equipment for cash B.
Mariana [72]

Answer:C. Buying equipment on account.

Explanation:

4 0
3 years ago
A company collected $10,000 cash from a customer as a deposit for goods that will be shipped next quarter.
Sholpan [36]

Answer:

(A) Total assets,

(C) Cash from operations and

(D) Total liabilities

Explanation:

A company collecting $10,000 cash from a customer as a deposit for goods that will be shipped next quarter is an example of an unearned revenue. It is receiving money from the customer in advance for the good or service yet to be provided.

And this is considered as a liability and recorded in the balance sheet as such because the company now owes the customer.

When the good or service is now provided, it increases the total assets.

8 0
3 years ago
Read 2 more answers
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