The answer to this question is that federal express has a core competence. Core competence is the main strenghts or advantages of a business or the company in order for them to become competitive in the market. The concept of Core competency was introduced by Gary Hamel and Prahalad. Core competency is what the business or company can do to their customers and their expertise that is unique that can be valued by the customers.
the answer to this question is 4.70%
A manager's operation had sales this period of $89,775. last period sales were $85,500. So the manager's percentage sales increase for this period when compared to last period was 5% .
The percentage increase is the measure of the percentage change. The percentage increase is defined as the ratio of increased value to the original value and then multiplied by 100. Here the increased value can be calculated by taking the difference between the final value and the initial value. The formula to calculate increase is given by -
Percentage Increase = [(Final value – Original value) × 100] / Original value %
In this case, original value is $85500 and the final value is $89775, then the percentage increase is:
Percentage Increase = [(89775-85500) ×100]/85500
= 427500/85500
= 5%
So, the percentage increase will be 5% .
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Answer:
Trade creation
Explanation:
Trade creation is the process where there is increase in economics welfare as a result of joining a free trade area for example a customs Union.
Consumption experiences a shift from high cost producers to low cost producers causing expansion in trade.
In the given instance due to formation of free trade agreement, high cost plastic production is now replaced with low cost import of plastics from the other company.
There is a shift from high cost producers to low cost producers as a result of trade agreement between the two nations.
Answer:
The correct answer is letter "D": The firm must be subsidized or it will go bankrupt.
Explanation:
A subsidy is a benefit given to an individual, business or institution, typically by the government. Subsidies are given to promote a social good or economic policy. The government usually provides subsidies in the form of cash or tax breaks, low-rate loans, and certain types of rebates.
In the example, as the commission sets the price of the monopoly products below the average total cost, it will be translated in losses. Then, a subsidy will be necessary to be provided otherwise the company will file for bankruptcy.
