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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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You have driven 800 miles on a vacation and then you notice that you are only 15 miles from an attraction you hadn't known about
Semenov [28]

you get out of the car take a photo and get back in and drive

i dont know if you want to use this answer btw

5 0
4 years ago
Holton Company has the following equivalent units for July: materials 20,000 and conversion 18,000. Production cost data are:
miskamm [114]

Answer:

$3.55; $3.13

Explanation:

Calculation to determine what The unit production costs for July are:

Using this formula

Unit product cost = (Beginning work in progress + Cost added) / Number of units

MATERIALS

Unit product cost=($8000+$63,000) / 20,000 units

Unit product cost=$71,000/20,000

Unit product cost=$3.55

CONVERSION

Unit product cost = ($3750+$52500) / 18,000

Unit product cost=$56,250/18,000

Unit product cost=$3.125

Unit product cost=$3.13 (Approximately)

Therefore The unit production costs for July are:$3.55; $3.13

6 0
3 years ago
Which of the following is NOT a risk of exporting? Select one: a. Delegation of marketing activities to a local agent b. Locatio
Sholpan [36]

Answer:

E. High manufacturing cost

Explanation:

Export involves the sales of goods and services to another country. It is part of the international trade whereby goods produced in a country are sold to other countries. Just like all business activities, there are risk involved. Risk of exporting is the likelihood that there will be a loss in the sales of goods and services to another country. Various risk factors includes tariff barriers, cost of transportation and so on.

However, high manufacturing cost is not a risk of exporting. High manufacturing cost is the increase in the cost of producing and manufacturing a certain good. When this increases or rather when it's high, the prices of the products manufactured also increases. So there is no potential loss posed by high manufacturing cost.

7 0
3 years ago
Read 2 more answers
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bezimeni [28]

Answer:

Red Cross took the right decision by reversing the original decision of diverting the donations. If it had diverted the donations donor will loose trust in the organisation and will not come forward to help. When it maintains a policy of honoring donor intent people will trust it to stand by it and they donated for the victims of the terrorist attack and the donations must be spent on it only. Then the trust of the donors will not fall and if the organisation wants donations for other ancillary operation sit can genuinely ask for donations and there are many people who would be willing to help. This gives both trust and respect and also the cause is served. Hence the decision to reverse the original one is correct and a good move.

7 0
3 years ago
Read 2 more answers
A trade union representing workers in particular job categories acts as a(n) ____________ when it attempts to influence policy.
Sveta_85 [38]
The trade union acts as AN INTEREST GROUP. An interest group refers to a group of people that seeks to influence public policy on the basis of a specific common concern or interest. An interest group can fall under one of two categories which are economic and non-economic interest groups.
7 0
4 years ago
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