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2 years ago

Describe at least two advantages a large company has over a smaller company. (1-4 sentences.

2 answers:

4 0

A larger company can benefit from <em>economies of scale</em>, meaning they can get discounts by purchasing and producing in bulk which a smaller company wouldn't have the ability to do. A larger store also has the potential for higher revenue because they have more goods and services to sell.

timurjin [86]2 years ago

4 0

There are many advantages of having a large company over a smaller one.

As asked in the question, two main, of the many, advantages are described below.

Large companies are established companies. They have usually large number of stakeholders. So they are financially sound companies. They are usually not in a threat of being bankrupt. And they have a greater access to funding.

Secondly, they can somehow lower their costs when they are having huge sales volumes. This cannot be done by smaller companies.

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Suppose that Spain and Denmark both produce rye and wine. Spain's opportunity cost of producing a bottle of wine is 5 bushels of

34kurt

Explanation:

By comparing the opportunity cost of producing wine in the two countries, you can tell that Spain has a comparative advantage in the production of wine and Denmark has a comparative advantage in the production of rye.

Spain can gain from specialization and trade as long as it receives more than 5 of rye for each bottle of wine it exports to Denmark. Similarly, Denmark can gain from trade as long as it receives more than 1/10 of wine for each bushel of rye it exports to Spain.

The terms of trade (that is, price of wine in terms of rye) would allow both Denmark and Spain to gain from trade :

9 bushels of rye per bottle of wine

8 bushels of rye per bottle of wine

6 0

2 years ago

Which type of account typically has very high liquidity, low or no interest, and low minimum balance? AChecking Account BCertifi

mel-nik [20]

Is checking account
commonly, company using checking account for a specific purpose, i.e: checking account for travel, checking account for supplies
, etc.

7 0

2 years ago

Read 2 more answers

Olenka [21]

Answer:

hope this helps

Explanation:

organizing

4 0

2 years ago

Eve earns $68,000 per year as a lecturer. Each year, she spends $36,000. In addition, she gives $1,000 to charity and pays $16,0

lord [1]

Answer:

Her personal savings rate is 25%

Explanation:

The formula to compute the personal saving rate is shown below:

= (Earning amount ÷ Net income amount)

where,

Earning amount or saving amount is $68,000

And, the net income or current income equal to

= Earnings - taxes

= $68,000 - $16,000

= $52,000

Now put these values to the above formula

So, the value would equal to

= $13,000 ÷ $52,000

= 0.25 or 25%

3 0

2 years ago

Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.41 = $1.00, and the exchange rate between the U.S. dolla

Sphinxa [80]

Answer: 2.0143

Explanation:

From the question, we are informed that the exchange rate between U.S. dollars and Swiss francs is SF 1.41 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.70 euro.

The cross rate of Swiss francs to euros will be the exchange rate between U.S. dollars and Swiss francs which is SF 1.41 = $1.00 multiplied by the exchange rate between the U.S. dollar and the euro which is $1.00 = 0.70 euro. This will now be:

= (1.41/1.00) × (1.00/0.70)

= 1.41 × 1.4285714286

= 2.0143

The cross rate of Swiss francs to euros is SF 2.0143 = 1 euro

6 0

2 years ago