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Salsk061 [2.6K]
4 years ago
6

BP's expansion plans were reduced, and its ability to compete with other large multinational oil companies like____ became limit

ed. Select one or more: a. Texaco b. Exxon Mobil c. Shell d. Sunoco
Business
1 answer:
g100num [7]4 years ago
3 0

Answer:

Exxon Mobil and Shell

Explanation:

-Both operate in the the same market, oil and gas, as BP.

-Both will benefit from BP's reduced expansion plan thereby increasing there market share in most of the strategic markets.

-BP will be left behind competition in the ever shrinking pie due to its reduced aggression.

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Explain the following statement in your own words: "Increasing productivity and also quality will result in increased capacity,
WARRIOR [948]

Answer:

Increased productivity and quality leads to consumer trust relationship that results in increase in demand and increase in the production capacity to meet the demands.

Explanation:

First when a company increases its productivity with commensurate increase in the quality of the goods produced or manufactured. The direct effect is that  the consumer base of the goods increase. In other words, consumers exhibit a level of confidence in the quality of the goods, they are attracted to patronize the company and since there is increased productivity, the company is able to meet the needs of its increasing consumers.

Furthermore, once the consumers are attracted and the company is able to meet demands, more consumers are also eager to join in purchasing the product, hence, the company is then required to increase its production capacity to meet the demands of its ever increasing customers.

<u>Why?</u>

The ability of a company to produce consistently quality goods and also meet the demands of its customers lead to a trust relationship between the customers and the manufacturer and such a relationship provides a solid platform for a continuous increase in consumer base that will warrant an increase in production capacity to accommodate more demands.

8 0
4 years ago
A company's inventory balance at 12/31/16 was $191,600 and $204,000 at 12/31/15. its accounts payable balance at 12/31/16 was $8
Ahat [919]
Company
Dec. 31. 2016
Assets
Cash- $191,600

Dec. 31. 2015
Assets
Cash- $204,000

Goods sold for 2016- $724,000

Liabilities
Dec. 31.2016
Accounts Payable- $88,000

Liabilities
Dec. 31. 2015
Accounts payable- $83,600

In order to find the company's total amount of cash payments for 2016, you find the minus the previous assets with the new assets..
Ex. $191,600 - $204,000 = -12,400

Then minus your answer with Goods Sold in 2016
Ex. $724,000 - $12,400 = $711,600

Then, minus the pervious amount of Accounts payable with the new Accounts Payable
Ex. $88,000 - $83,600 = $4,400

New payments for 2016-
Ex. Add $88,000 + $83,600 = $171,600

Then, $171,600 - $4,400 = $167,200

Thus, $167,200 equals the company's total amount of cash payments 2016.
3 0
3 years ago
Marilyn is the operations manager of a new hair salon in an upscale urban neighborhood. Customers in this neighborhood expect hi
Crank

Marilyn shall experience the critical problem in covering the operational cost for running the business if she is unable to find the way to meet customers' demand for quality

Explanation:

Retail business management needs to execute market research and should able to compare its nature of service with other retail services of the same business. As the Operations Manager, Marilyn should be able to capture the present pulse of the customers' needs which in turn increases the demand of the customers.

Absorbing the new market trend and fashion related to the profession of salon techniques, Marilyn should provide training to the staff in an upscale urban neighborhood. It will fetch the positive effects of fetching good results in attracting more demanded customers.    

5 0
4 years ago
Tax return 12-59 assignment
Sonja [21]
What?






Explanation:

Good Luck

7 0
3 years ago
Which section of a research poster or paper allows other scientists to repeat an experiment?
Triss [41]
The <span> section of a research poster or paper that allows other scientists to repeat an experiment is: The method sections
In method sections, a researcher could write a thorough explanation on how he/she conducted the experiment. It's being done so the readers could check the validity of the results</span>
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3 years ago
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