<span>One measure of the extent of competition in an industry is the concentration ratio. what level of concentration indicates that an industry is an oligopoly? Most economists believe that a four-firm concentration ratio of greater than 40 percent indicates that an industry is an oligopoly.
An oligopoly is a market where there is a small number of large sellers. They dominate their market but also have their own market structure where they are able to keep a lot of firms from having influence over them. </span>
The use of teams in the workplace has increased so dramatically because using team work will enable a company to take on additional works without having to employ more staff. This will result in more revenue and profits for the company.
Answer:
A.Incorrect
B. Incorrect
Explanation:
a) A manager might reject a proposal using ROI that the manager would accept using residual income
The statement is incorrect. The reverse is true. Using ROI entails the manager comparing the ROI after a project to the ROI before, where implementing a project makes the ROI after to be less than what it before the project, the Manager would most likely not implement the project. This would happen notwithstanding that the project produces positive residual income.
b) Managers will be more likely to pursue projects that will benefit the entire company when being evaluated on ROI instead of residual income.
This statement is incorrect. ROI makes the manager to pursue his own interest and that of its division at the expense of the group objectives. It leads to sub-optimal decision
Answer:
$46,400
Explanation:
The computation of the absorption costing net operating income last year is shown below:
= Net operating income under variable costing + Fixed overhead deferred in ending inventory - Fixed overhead released in beginning inventory
= $74,000 + $0 - $27,600
= $46,400
All other information which is given in the question is not relevant. Hence, ignored it
The correct answer is the intensive distribution. An
intensive distribution is being defined as having to get products to many
outlets as possible by which the consumers are likely to encounter and see the
product everywhere that they may go to.