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kherson [118]
4 years ago
5

what obstacles would you encounter opening a business in a free enterprise system where the competition is well-established​

Business
1 answer:
joja [24]4 years ago
6 0

If the competition is well established, you would encounter issues with brand recognition, economies of scale, barriers to entry such as start up costs. Even with a "free enterprise system" there can be many barriers to entry, especially in an established market.

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Initially, three firms A, B, and C share the market for a certain commodity. Firm A has 30% of the market, Firm B has 45%, and C
AlexFokin [52]

Answer:

Please see attachment .

Explanation:

Please see attachment .

6 0
3 years ago
Which of the following is NOT an end goal of BOTH quality improvement programs and continuous process improvement? Select one: a
Mazyrski [523]
<h2>Achieving specific set of goals does not come under Quality improvement programs and continuous process improvement.</h2>

Explanation:

Option B: Reducing errors and defects: Quality improvement means it includes avoiding / reducing errors too. The same can be considered as an improvement in the process too.

Option C: Improving efficiency: Continuous improvement should reflect the efficiency in improving performance and standards and thus enhancing the quality.

Option D: Improving profit: The ultimate aim to is have profit through quality product deliverable and continuous improvement in producing those. So Option D is valid

The given programs are not for achieving a specific goals. So Option A is invalid

8 0
4 years ago
What is a tangible symbol that communicates the features, benefits, and advantages of a particular product to consumers?
Zarrin [17]

Answer:

A brand logo is a tangible symbol that communicates the features, benefits, and the advantages of a particular product to consumers.

Explanation:

Logo can be defined as any symbol that is said to represent any particular brand and also depicts the features of that given brand. Many companies often succeed in showing the advantages and benefits of the products in the logo. It is tangible because we can see the image and design and sometimes can touch the image as well.  A well-known example of a brand logo is that of e-commerce company Amazon, which in its logo depicts that the company sells everything from A to Z with the help of an arrow below the alphabets A and Z of the word AMAZON. Therefore, the correct answer to the question is the brand logo.

4 0
3 years ago
What does a background check consist of for employment?
Crazy boy [7]
It checks to see if you've had a background of like doing drugs or something illegal.
6 0
3 years ago
Cynthia jones recently surveyed 200 of her classmates to get a sense of the demand for a new software product she is working on.
Mazyrski [523]

The answer is primary research. This falls under the type of research in which the study is being processed in means of going out and collecting the data needed for the study. This usually made use of instruments such as surveys or interviews and even made use of ethnographic research.

5 0
4 years ago
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