1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BartSMP [9]
3 years ago
8

Explain why the supermarket industry is an oligopoly

Business
1 answer:
Misha Larkins [42]3 years ago
4 0

Answer and explanation:

An oligopoly is when the market is controlled by a small group of two or more companies. Oligopoly firms may consent to market collusion, and build obstacles to new trade entry. If the businesses do not, they will be forced to lower their prices and open the markets to new and smaller firms.

<em>Supermarkets are oligopolies because in every market there are a few companies offering the same products just like them with small differentiation between one and another, providing those goods to relatively similar prices. </em>

You might be interested in
The Comil Corporation recently purchased a new machine for its factory operations at a cost of $328,325. The investment is expec
Solnce55 [7]

Answer: 15%

Explanation:

IRR is the discount rate that makes the NPV equal zero. Required rates of return that are less than the IRR will therefore result in a positive NPV and those that are higher will result in a negative NPV.

Use Excel to find the IRR.

= IRR(-328325,115000,115000,115000,115000)

= 15%

As the required rate of 13% is less than the IRR of 15%, the new machine will have a positive NPV.

6 0
3 years ago
Select the TRUE statement about the Incident Action Plan.
klasskru [66]
TRUE. C. Establishes the overall incident objectives, strategies, and tactics.

Incident Action Plan is a formal documentation of incident goals, operational period objectives, and the strategies that will be implemented in response to the incident defined by command during the response planning.
5 0
4 years ago
What does a good business plan contain?​<br><br>helppppp pls
Nostrana [21]

The Executive Summary. This is a concise one- to four-page summary illustrating the key points that are detailed in each section of the ensuing business plan. The Executive Summary should stand on its own as a separate document.Business Overview. Offer a description of the business, including: The legal structure, Business formation history, The type of business, Location. Means of doing business (Internet, storefront operation, mail order) Operations Plan. Offer an explanation describing how the business will function, including the physical setup and responsibilities for specific tasks. Market Analysis. Include an overview of the market as a whole, with specific data and charts or graphs, if appropriate. Define your target market and your plans for catering to this specific audience. Products and Services. Describe the products manufactured or sold or the services offered. Classify the different types of products or services and provide a brief description of each. Sales and Marketing. Outline pricing and sales information. Include rationalizations for why your audience will buy your products or services and how you will reach them through marketing and advertising efforts. Competitive Analysis. Analyze the strengths and weaknesses of your direct and indirect competitors. Demonstrate how you will gain a competitive edge against your competition. Management Team. Provide pertinent, concise background information on all key players involved in the business. Financial Plan. Include all financial information, from startup costs to balance sheets. The financial section should outline: The amount necessary to start or maintain the business, The amount needed over the next two, three, and even five years, Plans to use funds, Anticipated need for additional funding, Ongoing business expenses, including salaries, insurance costs, promotional expenses, etc. Projections. Provide projected income statements and balance sheets for at least two or three years. Good luck!

8 0
3 years ago
What car company has the slogan 'Built To Last'?
marshall27 [118]
GMC. Except GMC now also says "We are professional grade" as well
8 0
3 years ago
Need the answer 34 points
Paul [167]

Answer:

I believe the answer would be C

Explanation:

A conflict of interest is a situation where an individual has competing interests or loyalties. In the example given in C, the employee is supposed to be loyal to the company but appears to be taking advantage of it.

3 0
3 years ago
Read 2 more answers
Other questions:
  • he income elasticity of demand for haircuts is​ 1.5, and the income elasticity of demand for food is 0.14. You take a weekend​ j
    9·1 answer
  • Midyear on July 31st, the Digby Corporation's balance sheet reported:
    8·1 answer
  • Northwest Fur Co. started 2021 with $105,000 of merchandise inventory on hand. During 2021, $480,000 in merchandise was purchase
    15·2 answers
  • Camden Biotechnology began operations in September 2021. The following selected transactions relate to liabilities of the compan
    8·1 answer
  • Miranda Company borrowed $125,000 cash on September 1, 2019, and signed a one-year 5%, interest-bearing note payable. Assume no
    11·1 answer
  • What is a good way to improve your marketability to employers?
    12·2 answers
  • A company currently has 100 items in inventory. The demand for the next four months is 500, 800, 900, and 300 units. Determine t
    14·1 answer
  • Which provision of the purchase and sale agreement describes the circumstances under which the closing agent must withhold or no
    14·1 answer
  • caribbean coral reef communities have been strongly influenced by an unknown pathogen that causes white-band disease. how can th
    12·1 answer
  • You are a network administrator for your company. A user calls and tells you that after stepping on the network cable in her off
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!