All categories

3 years ago

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.

You might be interested in

Sonic Corp. operates and franchises a chain of quick-service drive-in restaurants in most of the United States. Customers order

podryga [215]

Sonic corporation, founded as Sonic drive-In and more generally called Sonic "The force-In," is an American power-in speedy meals restaurant chain owned with the aid of inspire manufacturers, the discern employer of Arby's and Buffalo Wild Wings.

The agency, based by way of Troy N. Smith Sr. (1922–2009), opened its first location in 1953, below the name top Hat drive-In. Initially, a stroll up root beer stand out of doors a log cabin steakhouse selling soda, hamburgers, and hotdogs; Sonic, presently has three,549 locations inside the united states.

The employer's core products include the "Chili Cheese Coney", "Sonic Cheeseburger combo", "Sonic Blasts", "master Shakes", and "Wacky p.c. youngsters food." The organization also has a breakfast menu. although Sonic has operated because the early 1950s, Sonic Corp. incorporated in Delaware in 1990. It has its company headquarters in Oklahoma city; the headquarters building features a dine-in Sonic eating place in an adjacent building. prior to its acquisition by way of encourage manufacturers, its inventory traded on NASDAQ with the symbol SONC. Most eating places are owned and operated with the aid of franchisees. Total 2016 sales were around $100 million with internet profits of $18 million.

Learn more about Sonic Corporation here:-

brainly.com/question/25583824

#SPJ4

4 0

2 years ago

Move to Green Computing. Your organization is a leader in the development of renewable energy sources based on enhanced geotherm

loris [4]

Answer:

B and C

b. Green computing will result in the safe disposal or recycling of computers and computer-related equipment.

c. Demand for the firm's goods and services will increase as existing and potential customers recognize its leadership in the use of environmentally friendly equipment.

Explanation:

Green computing is the environmentally friendly way of using resources, it involves manufacturing, using, and disposing of computer technology in such a way that the environment is not affected. For example getting involved to electronic recycling, limiting printing, and recycling paper.

Direct results from implementation of green computing will result in the safe disposal or recycling of computers and computer-related equipment.

Demand for the companie's goods will also increase due to its use of green computing because environmentally friendly practices are more sustainable.

5 0

3 years ago

The top managers of Promedium Inc. are creating a master budget for the company. They require a statement of the budget goals fr

Anettt [7]

Answer:

The correct answer is budget slack.

Explanation:

Budget slack occurs in a company when one or more people with budgetary responsibility create a budget that overestimates expenses and / or underestimates projected income or income.

Intentional budget slack can occur because a manager feels under the weapon to "make their numbers", often in response to previous quarters where revenues fell below projections and, more importantly, did not meet expectations of the owners or shareholders.

4 0

3 years ago

Shona is buying a rug for her room. Store A has the rug for $45 with a 10% discount. Store B has the same rug for $46 and is off

telo118 [61]

Store A= 45 x .10 = 4.5 45 - 4.5 = 40.5 40.5 x .06 = 2.43 40.5 + 2.43 = 42.93 nowStore B = 46 - 10 = 36 36 x .06 = 2.16 36 + 2.16 = 38.16so 40-38.6 that will be 1.84so correct option is B hope it helps

7 0

3 years ago

Read 2 more answers

Exercise 06-2 Computing unit and inventory costs under variable costing LO P1 Trio Company reports the following information for

storchak [24]

Answer:

Trio Company

1. Using Variable Costing:

a. Product Cost per unit = $35 (see below)

b. Cost per unit of finished goods = $35 (see below)

2. Using variable cost, the cost of ending finished goods inventory = 6,000 * $35 = $210,000

b. Using total cost, the cost of ending finished goods inventory =

6,000 * $43 = $258,000

Explanation:

a) Calculation of Costs:

Cost per unit Total Costs

Direct materials $15 $300,000

Direct labor $16 $320,000

Variable overhead $4 $80,000

Total Variable $35 $700,000

Fixed Cost $8 $160,000

Total Cost $43 $860,000

b) Cost of Goods sold 14,000 x $43 = $602,000 using total cost per unit.

c) Cost of Goods sold 14,000 x $35 = $490,000 using variable cost per unit.

d) Variable costing is a method of assigning only variable costs to a product while the fixed overheads are treated as period expenses.

8 0

3 years ago