Answer:
Big buy must sell at large at a smaller price which will give tough time to Radio Shack and this is the threat that RadioShack don't want to bear.
Explanation:
Best Buy will choose large quantity because it helps in satisfying the needs of public at large at a lower price. This will force RadioShack to lower its price which will result in losses and this fear of losses will act as a enterance deterent. Though the profit on this strategy is lower but it will safeguard future revenues as RadioShack will not enter the market or get defeated very quickly.
Thanking /apprising business associates/customers
Answer:
Composure and time management
Explanation:
these are realistic goals that people can reach and will have a positive outcome (do you mind following)
Answer:
27.79%; $191,840
Explanation:
Given that,
Net sales = $763,000
Cost of goods sold = $551,000
Net Income = $20,160
Gross Profit
:
= Net sales - Cost of goods sold
= $763,000 - $551,000
= $212,000
Gross margin
:
= Gross Profit ÷ Net sales
= $212,000 ÷ $763,000
= 0.2779 or 27.79%
The operating expenses can be modeled with:
Net Income = Revenues - Expenses - COGS
$20,160 = $763,000 - Expenses - $551,000
Expenses = $191,840
Answer:
The correct answer to the following question will be "Mixed economy".
Explanation:
A Mixed economy is described in different ways as an economic structure that combines elements of markets along with the elements of socialist economies, free markets with state expansionism, or private enterprise with the social sector.
The key characteristics of the mixed economy are as follows:
- The co-existence of the public and private sectors.
- Private Sector Policy.
- Reduction of wealth and income inequalities.
- The motive of concern for business.
It's an economy where most decisions related to economic derive from the engagement between sellers and buyers in markets, but for which the government plays an important role throughout the distribution of resources.
Therefore, a Mixed economy is the right answer.
