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harina [27]
3 years ago
8

Competition in a market system denotes a condition where A. the diffusion of economic power limits its potential abuse. B. any g

iven product can be purchased at a wide range of prices. C. contractual agreements among individual firms are restricted and avoided. D. a few large, dominant sellers are constantly jostling for market share.
Business
1 answer:
iragen [17]3 years ago
7 0

Answer:

The answer is: A) the diffusion of economic power limits its potential abuse.

Explanation:

Ina market system, producers will be willing to offer what consumers are willing to pay. That means that consumers are "kings" if competition exists in a market. Consumers should be able to choose what product suits them best and satisfies their needs. A large number of suppliers guarantees more consumer satisfaction.

Problems start when competition starts to vanish and monopolies appear.

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Peyton sells an office building and the associated land on May 1 of the current year. Under the terms of the sales contract, Pey
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Answer:

$2,466,000

Explanation:

Given that,

Cash Received = $1,600,000

Mortgage assume by purchaser = $950,000

Broker's commission = $75,000

points paid by seller = $9,000

Peyton's amount realized:

= Cash Received + Mortgage assume by purchaser - broker's commission - points paid by seller

= $1,600,000 + $950,000 - $75,000 - $9,000

= $2,466,000

Therefore, the amount realized by Peyton is $2,466,000.

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The total or agreed-upon rate of pay or salary is called
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If you were Marshall, what types of concerns would you want to be sure to bring up with the accountant?
damaskus [11]

Answer:

If I would be a Marshal, I would like succeeding apprehensions should to be indisputable with accountant.

  • Recognize the environment- accountant must appreciate the industry, responsibility or the organization in very clear style. He should clearly recognize and go with the administrative goals.
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  • Flexibility- as the rules and policies are changes time to time, accountant must flexible enough to accept the changes easily.
  • Strong Ethics- moreover the applied ethics, accountant should also have durable moral ethics.
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  • Precise and Detailed evidence- the accounts organized by accountant must be precise and very clear. It also should be thorough. Proper foot notes should be stated in financial statements.
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3 0
3 years ago
While making organizational decisions, managers should take into consideration the needs and interests of the employees, supplie
Art [367]

Answer:

Stakeholders.

Explanation:

Stakeholders are the group of people who may be interested in the processes of a particular company. They are formed by the group of employees, suppliers and customers, who are the stakeholders in the organization.

Therefore, it is necessary that strategic actions and business processes are aimed at satisfying the interests and needs of stakeholders, who are the company's public, that is, the reason for the existence of a company.

It is important for the company to identify who its stakeholders are and how they directly impact the business, so that it can shape a strategy that is aligned with its interests and what they expect from the company.

Satisfying stakeholders and adopting corporate governance, contributes to the company having a strong market position and achieving several competitive and strategic advantages in the market, increasing its results and profitability.

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