Answer:
The new entrant of UBER has led the taxi fares to drop by significant amount. The competition has increased and customers have now choice available to choose from lowest fares.
Explanation:
The taxi market is competitive industry but since there was no specific organization behind the taxi union which governs the taxi fares, the taxi drivers were free to charge the fare they want. The entry of UBER in the industry has enables the customers to switch from normal taxi to UBER as it provides ease of online booking with lowest possible standard fares.
Answer:
C) Jean's department has developed a subculture
Explanation:
Based on the information provided within the question it can be said that Jean's department has developed a subculture. This refers to a culture within a larger culture. Which seems to be the case since the company itself focuses solely on low risk taking and high attention to detail. While Jean's department focuses mainly on high team orientation including working together and socializing through various activities.
Answer:
where are the options for these questions
Answer:
The correct answer is the option A: means that the firm's cost structure is not to low enough to allow it to attractively price its products and that its products are not sufficiently differentiated to create value for its target customer.
Explanation:
To begin with, the term called<em> ''stuck in the middle''</em> is known in the business world for the main reason of <em>being stuck in a situation where the costs of the firms are to high</em> to allow them to have competitive and attractive prices and and that also<em> these companies do no differentiate their product enough</em> in the way to generate value to the customer they want to reach and therefore it is said that these firms are stuck in the middle due to the fact that <u><em>they can not improve their benefits</em></u> because of their high cost structure and low differentation.
Answer:
Allison should record the purchase at $5880
Explanation:
The net method for recording purchases implies that the purchases is recorded net of the envisaged cash discount on the transaction since the purchaser believes they would settle their account before the cash discount period expires.
Based on the above, the purchases would be recorded as shown below:
cost of purchase=original purchase value*(100%-discount rate)
original purchase price is $6,000
discount rate is 2%
cost of purchase=$6000*(100%-2%)
=$6000*98%
=$5880
