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makkiz [27]
3 years ago
10

Define the role of competition commission

Business
1 answer:
arlik [135]3 years ago
5 0
The Commission is an independent statutory body established under the Competition Ordinance (Cap. 619) (the Ordinance) which was enacted in June 2012. The objective of the Ordinance is to prohibit conduct that prevents, restricts or distorts competition, and to prohibit mergers that substantially lessen competition in Hong Kong. The scope of the application of the merger rule is limited to carrier licences issued under the Telecommunications Ordinance
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Warby Parker, an online retailer for prescription eyewear, offers a free, try-on at home program for its customers. Customers br
VikaD [51]

Answer:

e. trialability

Explanation:

Trialability is the ability to give an idea, process, product, or system a trial before making a final decision.

It indicates the degree to which a product or innovation can be experimented by the customer before they finally buy.

Warby Parker has leveraged on this strategy by allowing customers browse frames on Warby Parker’s website and select five pairs they would like to try on before buying—or not. Warby Parker handles all the shipping costs and provides all the return packaging

7 0
3 years ago
Assume that Corn Co. sold 7,600 units of Product A and 2,400 units of Product B during the past year. The unit contribution marg
Afina-wow [57]

,Answer: a. 9,450 units

Explanation:

You need to find the weighted average contribution margin for both products.

Product A

Weighted average contribution margin = Contribution margin * Units sold / Total units sold

= 34 * 7,600 / (7,600 + 2,400)

= $25.84

Product B

= 59 * 2,400 / 10,000

= $14.16

Breakeven point in units = Fixed costs/ (Weighted average contribution margin of both A and B)

= 378,000 / (25.84 + 14.16)

= 9,450 units

5 0
3 years ago
The top management of Myers Corp are planning a reorganization of their company to cut costs and increase efficiency. The differ
melamori03 [73]

Answer:

C. substitutes

Explanation:

This scenario reflects the operation of substitutes in replacing the support and ability offered by leaders

6 0
4 years ago
Which cancer has the highest incidence (but not the highest death rate) for women in the united states?
nataly862011 [7]
I did some research on this a while ago, I'm pretty sure it's Breast Cancer.
6 0
3 years ago
Smith entered an oral agreement hiring and authorizing Jones to sell fraudulent identification cards produced by Smith. Smith an
Marina CMI [18]

Explanation:

We have to note an important point here is that, Smith has plan to sell fraudulent identification card through Jones and he has done only Oral agreement.

An oral agreement does not have a proof. Any oral agreement cannot be taken as a proof legally. There must be a proper written agreement required to prove the relationship. There are certain standard too in written agreement.

For Example, agreement written on a normal white paper cannot be accepted. The agreement should be legally signed according the bond paper provided and authorized by the Government.

Considering all the above discussion, Jones stands right.

3 0
3 years ago
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