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Marina CMI [18]
3 years ago
7

.Can competitors imitate FedEx’s approach in international markets and take market share away from the company? Why or why not?

Business
1 answer:
Zinaida [17]3 years ago
3 0

Answer: why, to ward off threat from their competitors. Why not, they should avoid unholy competition fair practices and exhibit only those practices that are capable of sustaining perfect competition.

Explanation:

Courier service : This is a service provided by a private postal organizations that specializes in fast, quick delivery of mail's, parcels for people,. FedEx is an American multinational company that specializes in the provisions of these services both local and around the world. Their services ranges from the provisions of quick delivery of mail's and parcels to their destinations promptly, ensure that their customers goods or parcels are delivered safely to their destinations that is their is no loss of goods in transit, they also provides extended hours of services to their customers. In addition, they also insure the goods or parcels with the insurance company in order to provide an insurance cover for the goods or parcels in case of loss.

The competitors are the firms operating within the same industry and providing similar or substitute product or services. The aim of every competitors in the market is to gain the largest share of the market. The competitors want to become the market leader. The question now is why or why not, to answer the question of why, the competitors should imitate the approach of their competitors in order to learn about the operations of their competitors with a view to ward off whatever threat that may come from them.they can do these by looking at the competitors product packaging, pricing policies, Discount structures, promotional and distribution strategies. All these need to be well understood. The knowledge of these would help the organization to understand and respond positively to pressures from their competitors. For instance, if their competitors has been making use of advertising, the firm should consider other alternatives such as promotion or publicity.

To answer the question of why not, a firm should not imitate the approach of FedEx in the international market and take market share away from the company, because a firm should avoid a reckless and damaging competition rather they should see one another as partners in progress. They should avoid an unholy competition fair practices, they should always exhibit only those practices that are capable of sustaining perfect competition.

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Temple Square Inc. reported that its retained earnings for 2005 were $490,000. In its 2006 financial statements, it reported $60
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Answer:

Dividend = $40,000

Explanation:

Given:

Temple Square Inc. reported that its retained earnings for 2005 were $490,000.

In its 2006 financial statements, it reported $60,000 of net income,

It ended 2006 with $510,000 of retained earnings. ( Ending retained earnings )

Question asked:

How much were paid as dividends to shareholders during 2006 ?

Solution:

Here given that Temple Square Inc. reported that its retained earnings for 2005 were $490,000, means this amount will carry forward and will be considered as Beginning retained earnings for 2006.

Now, we have to find, how much dividends were paid to shareholders during 2006.

As we know:

Ending retained earnings = Beginning retained earnings + Net income - Dividend

510,000 = 490,000 + 60,000 - Dividend

510,000 = 550,000 -  Dividend

Subtracting both sides by 550,000

- 40,000 = -  Dividend

Adding both sides by minus ( - )

Dividend = $40,000

Therefore, Temple Square Inc. paid $40,000 to shareholders during 2006.

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Jeanie realizes that her values differ significantly from some of her younger subordinates. what should jeanie do to understand
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<span>Seek out others' points of view and perspectives</span>
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Ben has ​$2 comma 000 in his savings account and the bank pays an interest rate of 14 percent a year. The inflation rate is 9 pe
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After Tax Real Rate - 3.6%

Explanation:

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The After Tax Real Rate therefore caters for tax from the Nominal rate and then deducts Inflation.

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Answer:

A. 2

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Cr Deferred Revenue $94,600

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