All categories

3 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]3 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.

You might be interested in

When gathering information, which of the following tasks might you need to preform?

katovenus [111]

AnswerStudy objects, conduct tests, research written materials, and ask questions

Explanation: here is your anserw to you quetions please rate me the ,ost brainlest ow let me know if you got it right

8 0

3 years ago

A local pizzeria sells 500 large pepperoni pizzas per week at a price of $20 each. Suppose the owner of the pizzeria tells you t

kotegsom [21]

Answer: (1) 700 pizzas

(2) Its revenue increases by $2600.

Explanation:

Given that,

price elasticity of demand for his pizza = -4

Percentage change in price = 10%

Initial Quantity, $Q_{0}$ = 500 Pizzas

Elasticity of demand = $\frac{Percentage\ change\ in\ quantity }{Percentage\ change\ in\ price }$

-4 = $\frac{Percentage\ change\ in\ quantity }{0.1 }$

$\frac{Percentage\ change\ in\ quantity }$ = -4 × 0.1

$\frac{Q_{1}-Q_{0}}{Q_{0}}$ = 0.4

$\frac{Q_{1}-500}{500}$ = 0.4

∴ $Q_{1}$ = 700

Initial price, $P_{0}$ = $20

Changed price, $P_{1}$ = $18

Revenue at t = 0

$P_{0} Q_{0}$ = 500 × 20 =$10000

Revenue at t = 1

$P_{1} Q_{1}$ = 700 × 18 = $12600

Therefore, from the above calculations it was seen that his revenue increases by ($12600 - $10000)= $2600 and its sales increases to 700.

8 0

3 years ago

A group of shoe manufacturing firms purchases raw materials collectively from a single supplier to obtain better deals. this is

Sloan [31]

Answer: (A) Establishing alliances

Explanation:

Alliances is one of the type of business strategy which is used in for maintaining the relationship between the people, states and the group.

The main purpose of alliances is that it helps in balancing the power and also creating the separate business entity in an organization. It is also known as the type of agreement between the people that helps in binding all the joint venture in business.

According to the given question, the above given situation is an example of obtain the competitive advantage by establishing the alliances.

Therefore, Option (A) is correct answer.

4 0

3 years ago

How Much Capital Do You Need to Start Investing?

vekshin1

Answer:

How Much Capital Do You Need to Start Investing?

Jake

If he invests the $10,000 today, the terminal value of this initial investment in 40 years (earning an average 10% return) will be $452,580. This means that he must accumulate the remaining through his annual savings plan to obtain the full $500,000. Still assuming an average return on investment of 10%, the additional yearly investment required to reach Shen’s targeted financial goal within 40 years is $107.11.

Suppose instead that Jake had no capital saved and thus needed to accumulate the entire $500,000 in the next 40 years. In this case, his annual contribution would have to be_$1,129.71__.

When Jake starts with an initial investment of $10,000, the total amount that he ends up contributing to accumulate $500,000 is equal to the initial investment plus the additional yearly payments, for a total of_$14,285___.

When he starts with no initial capital contribution, the amount he ends up contributing is equal to the sum of all annual contributions you calculated in the no-initial-capital scenario, for a total of_$45,188__

Once Jake has determined the annual amount he needs to save, the next step toward achieving his goal is coming up with an investment plan.

The appropriate investment plan depends on the investment objective.

A. True

Explanation:

a) Data and Calculations:

Age of Jake now = 25

Age of Jake at retirement = 65 (25 + 40)

Retirement savings = $10,000

Expected total savings = $500,000

Period of savings = 40 years

Relevant Future Value Factor = 45.258 (40 years at 10% compounded annually)

With the initial retirement savings of $10,000

Jake must Save Every Year Until 65

Amount to Save Every Year: $107.11

Total Principal: $14,285

Total Interest: $485,715

Without the initial retirement savings of $10,000

Jake must Save Every Year Until 65

Amount to Save Every Year: $1,129.71

Total Principal: $45,188

Total Interest: $454,812

The terminal value of $10,000 in 40 years at 10% interest is:

= $10,000 * 45.258 = $452,580

Balance to save = $500,000 = $452,580 = $47,420

4 0

2 years ago

An income statement for Sam's Bookstore for the first quarter of the year is presented below: Sam's Bookstore Income Statement F

seraphim [82]

Answer:

$160,300

Explanation:

Calculation for what The contribution margin for Sam's Bookstore for the first quarter is:

Sales revenue $ 930,000

Less: Variable costs

Cost of goods sold $ 655,000

Variable selling expenses ( 930000/60)*5 $ 77,500

Variable administrative expenses (930,000*4%) $ 37,200

Total variable expenses $769,700

Contribution margin $160,300

($930,000-$769,700)

Therefore The contribution margin for Sam's Bookstore for the first quarter is:$160,300

8 0

3 years ago