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tekilochka [14]
3 years ago
13

Please select the word from the list that best fits the definition a market structure in which a large number of firms produce t

he same product
Business
2 answers:
Leona [35]3 years ago
6 0

Answer:

perfect competition

Explanation:

Perfect competition in a market means that none of the agents can influence the price of the good or service, that is, both sellers and buyers are price-acceptors.

It is a market in which there are a large number of producers of a very homogeneous product or service, where the demand curve is perfectly elastic and the market price (or equilibrium) arises from the interaction between suppliers and applicants.

When we talk about perfect competition we mean an almost ideal and unlikely economic situation in reality, in the real world there is no such simple and ideal economy. However, this model is very useful in the economic study of markets that, in some cases, may come to resemble.

Shkiper50 [21]3 years ago
3 0

Answer:

Perfect competition is a market structure in which a large number of firms produce the same product.

Explanation:

Items at a grocery store are an example of perfect competition. onsumers have many options at multiple price points.

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The company estimates future uncollectible accounts. The company determines $4,400 of accounts receivable on January 31 are past
Salsk061 [2.6K]

Answer:

Journal entry

Explanation:

Before passing the journal entry we need to do the following calculations

Uncollected amount is

= $4,400 × 50%

= $2,200

Uncollected amount is

= ($4,400 - $2,200) × 0.03

= $2,200 × 0.03

= $66

So, the total amount is

= $2,200 + $66

= $2,266

Now the journal entry is

Bad debt expense $2,266

        To Allowance for uncollectible accounts $2,266

(Being the uncollectible account is recorded)

4 0
3 years ago
deluge writing is preparing to launch a new product. the cfo has been asked to present a financing plan to the board. what would
aliina [53]

As the CFO has been asked to present a financing plan to the board, his best approach to keep the company from being heavily leveraged from product launch will be to maintain a moderate debt level.

<h3>What do we mean by Financial leverage?</h3>

Basically, a leverage means the use of debt (borrowed capital) in order to undertake an investment or project. The result of the process is to multiply the potential returns from a project but it will also multiply the potential downside risk in case the investment does not pan out.

Going forward, when we refers to a company as "highly leveraged," this  means that item has more debt than equity. In conclusion, most investors use leverage to significantly increase the returns that can be provided on an investment.

Read more about Financial leverage

brainly.com/question/23841033

#SPJ1

8 0
1 year ago
Gord Larose and his friend David Allan worked in Ottawa at Nortel Networks, a giant telecommunications-equipment maker. One Frid
butalik [34]

Answer:

intrapreneurs

Explanation:

An intrapreneur is an employee who is tasked with developing an innovative idea or project within a company.

An intrapreneur works inside a company to develop an innovative idea or project that will enhance the company's future.

The intrapreneur is generally given autonomy to work on a project that may have a considerable impact on the company. Over time, an intrapreneur may turn into an entrepreneur.

5 0
3 years ago
Is eminent domain reserved only for the federal government
Alex777 [14]

No, state governments can also exercise eminent domain

4 0
3 years ago
Chevron initially utilized ___________ to improve their supply chain, followed by employee-driven ________ initiatives, and then
Ainat [17]

Answer:

The correct answers that fills the gaps are: BPR; BPI, BPM.

Explanation:

Process Reengineering, or BPR (Business Process Reeingeniering), consists of the fundamental review and radical redesign of processes. In this way, spectacular improvements will be achieved in critical and contemporary performance measures, such as costs, quality, service and speed.

Another aspect of the reference definition is the notion of rupture. It is assumed that processes are carried out in organizations that do not work and have to be replaced.

Business Process Management (BPM) is a management discipline composed of methodologies and technologies, whose objective is to improve the performance (efficiency and effectiveness) and the optimization of the processes of an organization, the same through process management that must be designed, modeled, organized, documented and optimized continuously. Therefore, it can be described as a process of continuous process improvement.

The BPM is the understanding, visibility, modeling and control of the business processes of an organization. A business process represents a discrete series of activities or task steps that may include people, applications, business events, tasks and organizations.

Business Process Improvement (BPI) focuses on incrementally improving existing processes. There are many approaches, including the popular Six Sigma approach. The BPI usually focuses closely and applies continuously at various stages during the life of a process.

BPI includes the selection, analysis, design and implementation of the process (improved). This generally results in an initiative or project to improve the performance of a particular process in alignment with the organization's strategy and customer expectations.

8 0
3 years ago
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