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aleksley [76]
3 years ago
8

At one time, AT&T and T-Mobile wanted to merge but were prevented from doing so by the Justice Department. The government ma

intained that to permit the merger would eliminate choices for the consumers because these companies represented the majority of the cell phone service industry. What is the name given to this kind of merger?
Business
1 answer:
antiseptic1488 [7]3 years ago
3 0

Answer:

If such a merger happened between the two largest companies in the market, it will turn in to a "Monopoly".

Explanation:

A Monopoly is a condition where a single entity in the industry possess the exclusive control of the supply or trade in that industry. Monopoly is not considered to be beneficial to the customers as the Monopolistic organization holds a powerful grip of the market, specially when it comes to the quality of the product and the price. Customers have only a little to say about the quality or the price as they are primarily decided by the monopoly.

AT&T AND T-mobile both hold a significant market share in the telecommunications industry.

A merger of these top  two companies would mean that they will have the ultimate authority and power to decide on the data costs, call chargers and etc. This will probably eliminate the consumers' choice to chose better or suitable options as the rest of the other organizations operating in the industry are not as capable as these companies to cater quality services to the customers.

Apart from this, monopoly could arise in several ways such as,

  1. Having exclusive rights to access natural resource
  2. Patent rights
  3. Logistical advantages (if the extraction and the delivery of certain resources are too expensive, this may naturally lead to monopoly condition)
  4. Government interventions and regulations
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Accelerated Finance is deciding whether to purchase new accounting software. The cost of the software package is $ 67 comma 000​
sammy [17]

Answer:

The answer is: Expected annual net cash savings are $16,750.

Explanation:

Please find the below for detailed explanations and calculations:

Payback period is defined as the time it takes an investment to recover its initial investment.

In this case, the initial investment is the cost of software package at $67,000, while the payback period is four years.

We apply the payback period formula to calculate payback period to calculate the Expected annual net cash savings:

Payback period = Initial investment / Net cash flow per period <=> Net cash flow per period = Initial investment / payback period = 67,000 / 4 = $16,750.

So, Net cash savings annually is expected at $16,750. In other words, if the firm is to save $16,750 per year from owning the software, it will take the firm 04 years to recover its initial investment.

3 0
3 years ago
Fashion Mart Corp., a clothing company, offers the best quality material made using the finest threads and advanced textile mach
const2013 [10]

Answer:

a differentiation advantage

Explanation:

This scenario best illustrates a differentiation advantage. This is basically when a company is able to offer a product that, despite being the same as the competitor's product, is slightly different or offers something that the competitors do not. This small difference is what attracts the customers and increases profits. In this case, Fashion Mart Corp is differentiating their product by providing a guarantee of quality, which the competitors offering similar products cannot offer.

7 0
3 years ago
Shawn and Harry signed a contract for Shawn to build a house for Harry according to the specifications provided by Harry. The co
Nostrana [21]

Answer:

C) if the court finds that Shawn has substantially performed, he will be able to recover the contract price less any damages caused by his failure to perform as promised.

Explanation:

From the question Harry signed a contract with Shawn to build a house. Harry made some specification to build the house. But Shawn did not follow the specifications now Harry doesn't want to pay him the contract amount.

Under doctrine of specific performance, Harry can pay less money than the contract price. Because Shawn has performed substantially, he is not entitled to receive the contract price as agreed.

4 0
3 years ago
What method would salespeople use to find new customers?
abruzzese [7]

Answer:

B.  prospecting

Explanation:

<em>The method that sales people would use to find new customers would be </em><em>prospecting</em><em>.</em>

In sales, prospecting means the identification of potential customers for a particular good/service. It represents the first step in sales process.

<u>After the list of potential customers have been created, the next step would be to find a way of reaching out to these customers in order to create leads which can end up in sales and turns a prospective customer to a paying customer.</u>

5 0
3 years ago
Cardinal Industries purchased a generator that cost $11,000. It has an estimated life of five years and a residual value of $1,0
gogolik [260]

Answer:

2080 dollars

Explanation:

Given that Cardinal Industries purchased a generator that cost $11,000

cost of generator = 11000

Estimated life       = 5 years

Residual value     =1000

Hours                    =5000

Depreciation per unit hour = (Cost - residual value)/total lifetime hours

=\frac{11000-1000}{5000} \\=2

For first year the generator was used for 1,040 hours.

Hence depreciation to be charged in I year

= 1040(2)\\=2080

answer is 2080 dollars.

3 0
3 years ago
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