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BARSIC [14]
4 years ago
5

What do new trade theorists point to as the reason for gaining a first-mover advantage? Multiple Choice supply conditions govern

ment policy factor endowments innovation and luck tariff and nontariff barriers
Business
2 answers:
Luba_88 [7]4 years ago
7 0

Answer:

The answer is Innovation and luck

Explanation:

In Business, we identify first movers and the fast followers. The first movers are those who identify a new market segment or a new market opportunity in the prevailing market and moves in first.

The move is risky. There is the risk of product failure and the risk of customers rejecting the new product / service yet the higher risks bear high returns.

If the customers accept the product or if the first movers can quickly respond to the market movements, the momentum can be sustained and the followers will not be able to challenge the first mover.

This is mainly because te ability of the first movers to innovate after the initial entry into the new segment. Then the followers will have to copy yet the customer loyalty and the brand name is already established by then.

kkurt [141]4 years ago
5 0

Answer:

INNOVATION

Explanation:

First Mover Advantage is the gained competitive advantage due to being first  entrant in the market & hence occupying significantly powerful place in that market segment.

First Mover advantages can be : Economies of Scale, because of higher demand (strong loyal customer base) & streamlined supply processes (old supply chains & supplier's connections) etc.

Old Trade Theorists suggested Factor Endowments as a reason for acquiring First Mover Advantage. New theorists highlight that 'Innovation' plays the main role in today's Knowledge Economies & endogenous growth approach (focusing on human capital, innovation & knowledge) era. Example : Amazon gained first mover advantage in E Commerce as it was first pioneer of innovative idea of selling goods at online platform.  

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Most students are on strike. Very few students were crossing the picket line. In fact, the postal employees refused to deliver m
brilliants [131]

Answer:

TRUE.

Explanation:

A secondary boycott is an attempt to influence the actions of one business by exerting pressure on another business. It is a situation where one refuses to do business with a company in an attempt to persuade them not to do business with another company where the employees are striking or involved in a disagreement with their employees.

Typically a labor union involved in a dispute with an employer will arrange a secondary boycott if less drastic measures to reach a satisfactory accord with the employer have been ineffective. Secondary boycotts have two main forms: a secondary consumer boycott, in which the union appeals to consumers to withhold patronage of a business, and a secondary employee boycott, in which the union dissuades employees from working for a particular business.

Since the postal employees refused to deliver mail claiming that they were honoring the strike for their fellow service union members. Therefore, it is TRUE that the postal employees were participating in a voluntary secondary boycott.

4 0
4 years ago
Eddie was known for driving 30 miles just to save a dollar on the price of his favorite beverage. Eddie perceived price as _____
Inessa [10]

Answer:

Here answer to the first fill in the blank is money paid and answer for the second fill in the blank is overall sacrifice.

Explanation:

Here Eddie has perceived price as money paid for the purchase of his favorite beverage, he is ready to drive 30 miles for this beverage , just because he is saving a dollar on it, so from the Eddie's point view , driving 30 miles to get the beverage is worth it . But as per the most of the customers , Eddie is making an overall sacrifice by driving 30 miles to get the beverage , just because he is saving dollar on it, so from the most customers point of view , driving 30 miles is not worth it and a lot of sacrifice is being made.

7 0
3 years ago
​Today, the typical American works fewer than 40 hours per week. In​ 1890, the typical American worked 60 hours per week. Would
maria [59]

Answer:

Understates

Explanation:

The difference between the real GDP per capita in 1890 and the real GDP per capita today understates the difference in the​ population's economic​ well-being because although it is a given that the higher the GDP is higher the standard of well-being of the population, <u>however the understatement comes from the fact that GDP has a short-coming of failing to include the value of leisure time.</u>

<u>GDP includes exchanges of value. for example if you employ a maid to take care of house chores and pay the maid, that is an exchange of value and will be captured by GDP but will not be captured if you do it yourself, and there are a lot more people doing things themselves today and the population is far more than in 1890</u>

4 0
4 years ago
If someone gets a 1000 dollar loan how much will their monthly payment be
SCORPION-xisa [38]

Answer:

the monthly payment column represents the principal and interest payment for each $1,000 you borrow. For example, if you borrow $100,000 for 30 years at 4.25%, your monthly payment per $1,000 borrowed would be $4.92. Multiply that factor (4.92) by 100 (100,000/1,000) to estimate your monthly payment of $492.00.

8 0
2 years ago
According to lan Redpath and Robert Lickwar, which of the following is correct regarding calculation of the business interest li
finlep [7]

Answer:

B, For a partnership, it is calculated at the entity level.

Explanation:

For a partnership, it is calculated at the entity level. This is to ensure that double income computation is avoided.

3 0
3 years ago
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