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Lyrx [107]
3 years ago
9

Your friends own a hair salon, buying it from a couple who decided to retire. Eventually your friends buy a shampoo company whic

h they use to supply their salon at a lower cost. This is an example of (5 points) Group of answer choices ending an oligopoly creating an oligopoly vertical consolidation horizontal consolidation
Business
2 answers:
Kobotan [32]3 years ago
7 0

Answer:

vertical consolidation.

Explanation:

Vertical consolidation is a process used by companies to increase their control on construction and distribution of a product.

In vertical consolidation there is usually purchase of firms up or down the supply chain.

In this scenario your friends buy a salon from a couple, and then buy a shampoo company that they use to supply the saloon product at lower cost. This is an example of vertical consolidation where your friends are obtaining more control in distribution big shampoo.

steposvetlana [31]3 years ago
4 0

Answer:

C

Explanation:

This answer is correct on the quiz

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Genna Raiter, the president and CEO of Car Keepers Garage, has asked several of her managers and employees to help establish a s
Nonamiya [84]

Answer:

The options for this question are the following:

A. payoff matrix.

B. mission statement.

C. tactical plan.

D. organization chart.

The correct answer is B. Mission statement.

Explanation:

A good mission statement is a useful tool for well-managed businesses. It is the "why" of business strategy.

A mission statement defines the objectives of what a company does by:

Your clients

The employees

Their owners

Some of the best mission statements also extend to include the fourth and fifth dimensions: what the company does for its community and for the world.

In terms of marketing, a mission statement is a brief paragraph that describes what your business does and why it exists. If that sounds like useless marketing that could be labeled as a long list of the most important things to do, you're not alone.

The reality is that many mission statements are ineffective. Usually, they are the ones written in minutes with very little thought from their creators.

7 0
3 years ago
"You get in a conversation with a man in the reception room at your doctor's office. He tells you he is establishing a barbersho
aleksklad [387]

Answer:

The answer is Limited liability partnership (LLP)

Explanation:

A LLP is a form of partnership where the majority of all partners have limited liabilities. A LLP possesses the characteristics of both a corporation and a partnership. Each partner in a LLP is not liable for negligence or misconduct of another partner. In the event of business failure, the personal properties of partners in a LLP are protected against legal action. Moreover, taxation of partners’ earnings in a LLP is done only once, that is, on the firm’s profit.  

7 0
3 years ago
Elizabeth is an account executive for a financial services firm that specializes in employee benefits services. She is meeting w
Alborosie

Answer:

The question is incomplete, it misses the option. The options are the following:

A. New-task

B. Straight rebuy

C. Modified rebuy

D. Contracted purchase

E. Limited modified buy

And the correct answer is the option A: New-task.

Explanation:

To begin with, in the field of business, the expresion of<em> ''new-task''</em> refers to the buying situation where the buyer purchases a product or a service for the very first time and therefore that he has no idea what to expect next accordingly to that new task because he has no information about it. Therefore that the buyer is looking for the help of Elizabeth in this case who represents a consultant that will help the buyer in this buying situation in order to try to make the best choice as possible.

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