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3 years ago

Give an example in the marketplace that describes the principles of the free market and competition.

Business

1 answer:

iren2701 [21]3 years ago

4 0

Answer:

Global market

Explanation:

In the global market the countries has a free setting of their prices to compete with the world. There, no organization is big enough to regulate the global market and therefore countries are free to negotiate the prices without the intervention of a regulatory institution. Some organizations, as OPEC e.g tried to monopolize and regulate the petroleum production, but a free-market can operate against the high prices generally originated from a cartel, offering a low price alternative. No cartel is big enough to cover all production in a global scale.

Decisions about what is produced, in what quantities, by what methods and in which locations are made with the aim of satisfying consumer demands. In the global market case, the countries demands. When companies operate in an environment of free competition, they must strive to discover as quickly as possible what their consumers want, as they can only make profits when they meet the consumer's wishes. Otherwise, your business will fail; because the consumer can buy from another company or simply not buy your product or hire your service.

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The ________ holds that the organization’s task is to determine the needs, wants, and interests of target markets and to deliver

allochka39001 [22]

Answer:

Societal marketing

Explanation:

Societal marketing: The societal marketing is that marketing concept which focuses on serving the society at their best level by satisfying their needs, wants, and interest and keep the profit motive aside.

It aims to produce such goods and serving those services which helps to improves the business organization image, goodwill, reputation to a larger extent. By satisfying the society at large, the organization can strengthen its long term success.

This market concept is closely related to the Corporate Social Responsibility (CSR)

So, According to the given definition, the most appropriate term is Societal marketing

6 0

3 years ago

Example of direct cost

vichka [17]

Answer:

Direct labor.

Direct materials.

Manufacturing supplies.

Wages for the production staff.

Fuel or power consumption.

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7 0

3 years ago

Assuming Dell sales will grow 50% in 1997, how might the company fund this growth internally?

stealth61 [152]

Dell can fund this growth internally by:

The $469 million increase in current liabilities serves as a source of funds.
The estimated increase in net profits to $395 million is approximately $123 million.
The short-term investment is assumed to be the same as in 1996, namely $591 million.

<h3>What is funding?</h3>

Business financing is a funding option that allows business owners to obtain business loans to cover expenses such as temporary cash flow interruptions, expansion projects, stock and equipment, and seasonal spikes in activity.
Retained earnings, debt capital, and equity funding are the three major sources of corporate financing.

So, according to the given chart:

As a result, an additional operating asset of $794 million is required to sustain growth.
The $469 million increase in current liabilities serves as a source of funds.
The estimated increase in net profits to $395 million is approximately $123 million.
The short-term investment is assumed to be the same as in 1996, namely $591 million.
As a result, we can confidently predict that growth will be funded internally.

Therefore, Dell can fund this growth internally by:

The $469 million increase in current liabilities serves as a source of funds.
The estimated increase in net profits to $395 million is approximately $123 million.
The short-term investment is assumed to be the same as in 1996, namely $591 million.

Know more about funding here:

brainly.com/question/25887038

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8 0

2 years ago

The George Company has a policy of maintaining an end-of-month cash balance of at least $40,000. In months where a shortfall is

Amiraneli [1.4K]

Answer:

A.$130

B. $13,130

Explanation:

Loan taken at the beginning of april in order to maintain cash balance of $40,000 = $40,000 - $27,200 = $12,800 = $13,000 (Increment of $1,000)

Interest payment estimated for april = $13,000*12%*1/12 = $130

Solution b:

Cash balance at the end of april = $27,200 + $13,000 - $130 = $40,070

Cash balance at the end of may before financing effect = Cash balance at the beginning + Excess of cash collected over cash payments

= $40,070 + $31,200 = $71,270

Total financin effect for may = Loan repayment + Interest repayment = $13,000 + $13,000*12%*1/12 = $13,130

3 0

3 years ago

You write one MBI July 139 call contract (equaling 100 shares) for a premium of $17. You hold the option until the expiration da

Bogdan [553]

Answer:

$600 loss

Explanation:

A call option is defined as a contract that exists between ba buyer and seller of a call option to exchange securities held at a particular price within a specific period.

To calculate the profit realised on the investment

Profit from call option= (150- 139) * 100

Profit from call option= $1,100

Profit from premium= 17 * 100

Profit from premium= $1,700

Profit on investment= Profit from call option - Profit from premium

Profit on investment = 1,100 - 1,700 = -$600

So there is a loss of $600

4 0

3 years ago

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