All categories

3 years ago

Which of the following statements about market share is true?

Business

1 answer:

nekit [7.7K]3 years ago

8 0

Answer:

B. All businesses will need a percentage of the market share to survive.

Explanation:

Businesses with small market shares can be successful, but a larger market share means more profit potential, lesser effort to sell more, and a stronger barrier against competitors entering the market. A business that is below the optimal level for market share should plan to develop its market share, while a business at the optimal level should plan to fight to maintain it.

You might be interested in

The Oviedo Company is considering the purchase of a new machine to replace an obsolete one. The machine being used for the opera

Elza [17]

Answer:

Yes it should as the net present value at the firm WACC is positive $ 4,156.54

Explanation:

we are given with the after-tax cost for the machine and after-tax cost of the labor cost savings the new machine will provide

So we should check if the present value of the savings is greater or equal than the machine cost:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C $ 8,000

time 10 years

rate=WACC= 0.1

$8000 \times \frac{1-(1+0.1)^{-10} }{0.1} = PV\\$

PV $49,156.5368

Net present value:

inflow - cost

49,156.54 - 45,000 = 4,156.54

6 0

3 years ago

Walter heads a multinational company and he needs to communicate with certain people using a business letter. Pick out the corre

oksian1 [2.3K]

Try the third option my mans

4 0

3 years ago

Read 2 more answers

"Americans in this decade are less likely than in the prior decade to say they want to lose weight, with the average dropping fr

Scilla [17]

Answer a. Estimate a population proportion.

Explanation:

A population proportion denotes a specific attribute of a population measured in percentage, the above analysis is on losing weight by the populace.

A mean only refers to the average of the population without reference to a particular quality.

The analysis is not testing a claim but it's only making reference to earlier findings on the population. A claim would have given us a specific quality which the population has been predicted or established to adhere to.

4 0

4 years ago

What economic activities are not included in GDP?

laiz [17]

1. Illegal and unreported economic activity: While goods such as illegal drugs, gambling, and prostitution are sold in markets, the transactions are hidden for obvious reasons.

2. Home production and bartered goods/services: If cash doesn't change hands, the transaction will not be included in GDP. One of the somewhat misleading aspects of GDP is that whether certain things are included depends not on the nature of the good or service, but whether it was (openly) exchanged for cash.

5 0

3 years ago

2. Below are mixed SWOT factors of KFC case study. Fill the chart to Identify each SWOT factor. (2points each)

Ludmilka [50]

Answer:

Strengths :

1. With over 15,000 establishments in 120 countries, KFC is an internationally recognized venue.

2. Alongside KFC, Taco Bell and Pizza Hut also share the same corporate owner brands. Brands have the influence, power, and resources to improve KFC as a restaurant.

3. KFC became popular thanks to its good chicken

Weaknesses :

1. Serving high-fat foods; considering how health-conscious the public is these days, greasy chicken is not going to cut it anymore.

2. KFC follows a franchise management system, meaning each one is individually managed. It is not uncommon for one KFC to have high reviews while another, just down the street, is collecting bad press.

Opportunities :

1. By maintaining the same price point with new menu options, KFC is positioned to enter a new market without sacrificing the beloved chicken-focused meals

2. KFC is in the prime spot to dive into the vegetarian market. Adding new vegetarian options will improve the relationship between KFC and health-conscious and vegetarian consumers

3. Introduce new products fish and deals menu that will attract more customers.

Threats :

1. Increasing numbers of competitors.

2. Raw material prices are rising.

3 0

3 years ago