I can help with question two, but not question three.
The answer to question two is that biotech companies are part of the global industry from day one. Because capital is global, diseases know no borders, people are mobile, and you can get science anywhere in the world, there is an immediate competition with all other bioscience companies in the world.
In other words, when you start a biotech company in the US, you are immediately competing with biotech companies in Japan, the UK, etc. because you're all competing for the same capital, the same consumers, the same pharmacies, etc.
My best guess for question three is just that regulations are always important for global businesses (or really any business in general) as they protect both the businesses, the employees, and the consumers. In the case of biotech businesses, they protect people from false advertising of the benefits of products for example.
Hope this helps!
Answer:
yes this very true bc as you get older the less opportunity's you get to things
A. Transportation on land
The New Nationalism
New generation of political leaders
1816: Congress chartered Second Bank of the United States and passed a mildly protective tariff
Support for national internal improvements
<span>The accelerating growth of a national market was due in large measure to the fact that the cost of transportation and land dropped by 95% between 1825 and 1855.</span>
Answer:
Explanation:
The journal entry is shown below:
Work in Process-Molding A/c Dr $3,000
To Accounts Payable Control $3,000
(Being the purchase and used production is recorded)
The computation of the purchase amount is shown below:
= Number of kgs purchased × price per kg
= 500 kgs × $60
= $3,000
The other information which is given is not considered. Thus, ignored it
Control of a key resource is the barrier to entry of the startup of a major league sports team because existing professional teams have contracts with the best players and long-term leases on stadiums.
<h3>What is the barrier of control over key resources?</h3>
A monopoly is a market in which there is only one seller or a few sellers and no close substitutes for the seller's product or service. The term "monopoly" is technically applied to the market as a whole, but it is now widely applied to the sole vendor in a market as well.
The market may become a monopoly when one team has major control over a resource required for the startup of a team.
Thus, Control of a key resource is the to entry.
For further details about the control of a key resources, click her:
brainly.com/question/24180690
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