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svp [43]
3 years ago
14

Question Workspace 1. Read the following scenario and answer the question in 5-10 sentences. You run a small janitorial service

in your town. You know that a rival company has the contract to clean the public areas at the local college. You send advertisements to almost every business in town, including the college. Those advertisements focus on your all-natural cleaning products, your commitment to helping your clients recycle, and your reduction in waste. Your advertisement is accurate and widely distributed. You receive a call from the college administration asking you when you can begin your sustainable work at the college. Soon after starting, you are sued by your rival for wrongful interference. Explain whether or not your actions constitute wrongful interference.
Business
1 answer:
Schach [20]3 years ago
5 0

Answer:

Yes it was a wrongful interference.

Explanation:

Reason as below:

·         This case comes under United States antitrust law

·         Which is also called as Competition law

·         This law is in place to encourage fair competition.

·         It also comes under Breach of contract

·         In this case the college should have first cancelled the contract with the old vendor and then you should have tried getting the business.

·         Approaching before that and doing the work is unlawful and the competitor has the right to sue you.

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profit maximization pricing objective a. is a status quo oriented pricing objective. b. is a sales-oriented pricing objective. c
nika2105 [10]

Answer:

e. does not always lead to high prices.

Explanation:

Profit-maximization pricing means fixing prices so that total revenue is more as compared to total costs. This pricing strategy is used by a monopolist.

It is the short run or long run process by which the price and output level is determined by the firm that can give the maximum profit.

The price per item has been set higher than its total cost of production make to sure that the company makes a profit on each sale. As a result, the company makes a profit on every sale and to reduce risk and uncertainty factors in business operations.

Profit maximization pricing objective <u>does not always lead to high prices</u>.

5 0
3 years ago
A new security system has a price-tag of $8,000, but should save your company $3,600 each year for the next 10 years in reduced
tensa zangetsu [6.8K]

If the required rate of return is 7.2%, no such security shall be purchased.

<h3>What does the required rate of return mean?</h3>

The required rate of return is the expected percentage of returns on investment at the time the investment is made. The required rate of return, in this case, is 7.2%.

The actual returns earned from purchasing the security for $8000 and receiving returns of $3600 are calculated to be around a 3.6% return.

As a result, if the required rate of return on investment is 7.2%, the security should not be purchased.

Read more about the required rate of return here:

brainly.com/question/13987385

#SPJ4

3 0
2 years ago
You are considering a stock investment in one of two firms (Lots of Debt, Inc. and Lots of Equity, Inc.), both of which operate
Luden [163]

Answer:

Debt Ratio = Total Debt Total/ Assets

Equity Multiplier = Assets/Equity

<h2>Lots of Debt</h2>

Debt Ratio

= 32.5/34.25

= 0.95

Equity Multiplier

= 34.25/2

= 17.13

<h2>Lots of Equity </h2>

Debt Ratio

= 2/34.25

= 0.06

Equity Multiplier

= 34.25/32.25

= 1.06

6 0
3 years ago
Direct Materials Purchases Budget
dimaraw [331]

Answer:

Since there is not enough room here, I prepared an excel spreadsheet

Explanation:

Download pdf
6 0
3 years ago
Describe your biggest achievement when you worked in team​
Annette [7]
Success because u are helping each other out and y’all could win
4 0
3 years ago
Read 2 more answers
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