Answer:
The correct answer is option C.
Explanation:
`If firms can easily enter and exit the market, then firms operating in the market will earn zero economic profit in the long run. This is because the short run is too short for firms to enter and exit so potential firms will enter and exit in the long run.
If the existing firms will be having negative profits, the firms having loss will exit the market. This will reduce market supply. As a result, the price level will increase. This will go on until all firms will have zero economic profits.
Similarly, if the existing firms are having positive economic profits in the long run, the other firms will enter the market. This will increase the market supply such that the price level decreases. This will go on till all the firms will be having zero economic profits.
Answer:
The main difference between a generic market and a product-market is that: a generic-market involves a less similar set of needs than does a product-market. A basic difference between a "generic market" and a "product-market" is: how similar the competing sellers' products are.
Explanation:
B. Work/life balance so he can spend time with his children
Answer:
the value of the stock is $13.21 per share
Explanation:
The computation of the value of the stock is shown below:
The Value of the stock is
= Constant annual dividend ÷ discount rate
= $1.75 ÷ 0.1325
= $13.21 Per share
Hence, the value of the stock is $13.21 per share
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
The correct answer is c,alienating local suppliers
Explanation:
The presence of strong negotiator who is an expert in the field of sourcing is an advantage inherent in centralized purchasing,hence option A is not correct.
Cost and quality control implies that sourcing in large quantity gives the buyer entity a strong bargaining power and it is able to procure at the lowest price possible.Whereas,the control relates to the goods been received at central location before being dispatched to the department requiring it,implies that all items can be properly checked and confirmed fit for purpose.As result option is wrong as well.
The only odd option is C,as centralized purchasing is not aimed at alienating local suppliers since it is not global sourcing