1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
LiRa [457]
3 years ago
7

An __________ industry has low entry barriers, suppliers and buyers with strong bargaining positions, strong competitive threats

from product substitutes, and intense rivalry among competitors.
Business
1 answer:
insens350 [35]3 years ago
3 0

Answer:

Unattractive industry

Explanation:

An unattractive industry is one where it is hard for a business to be profitable. If competitive forces are too strong then new entrants to the industry will most likely not survive.

Because profitability is low, there are low barriers to entry.

Factors that make an industry unattractive are power of the supplier, power of the buyer, threat of substitutes, degree of rivalry, and threat of new entrants.

You might be interested in
O que é racismo no futebol ?????me ajudem é para a manhã
atroni [7]

Mainly racism means judges anybody  to see his / her colour

6 0
3 years ago
Assuming the use of a 365-day year, Barry Bees, Inc.'s Cost of Goods Sold equals $10,000. A. Its Beginning Inventory was $800, a
Ket [755]

Answer:

The answer is 36.5 days

Explanation:

Average days to sell inventory is the number of days it takes a firm or business to sell its inventories in a year.

(Average inventory/cost of goods sold) x 365 days

Average inventory = ($800 + $1,200) ÷ 2

=$1,000

Therefore, Barry Bee's average days to sell inventory is ($1,000 ÷ $10,000) x 365days

=36.5 days

7 0
2 years ago
When establishing criteria to measure the success of a customer-oriented business, managers should:?
gavmur [86]
<span>Managers should conduct a 360 evaluation of staff performance. This includes gathering feedback from suppliers, customers, and other employees. Customer surveys, with an incentive, are an effective way to measure success and gather target feedback. A key performance indicator for this type of business is customer retention.</span>
7 0
2 years ago
A firm produces and sells two products, Plus and Max. The following information is available relating to setup costs (a part of
Ad libitum [116K]

Answer:

Apportioned set-up cost

Plus =$21,600

Max=$43,200

Explanation:

Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers.  

<em>Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers. </em>

<em>The cost driver in this scenario is the number of set-ups</em>

Activity rate per driver is calculated as:  

Activity overhead for the period / Total cost drivers for the period

So, we can apply this formula to the scenario above:

Set-up overhead= $64,800

Total set-ups for the period = 20 + 40 = 60

Overhead cost per set-up = $64,800/60=1,080

Set-up cost allocation:

Plus - 20 × 1,080=$21,600

Max- 40 × 1,080=$43,200

Apportioned set-up cost

Plus =$21,600

Max-=$43,200

3 0
2 years ago
In terms of microeconomic analysis, what is the function of utils?.
Tems11 [23]

Answer:  Utility function measures consumers' preferences for bundles of goods or services.

5 0
2 years ago
Other questions:
  • a machine produces 374 bolts in 33 minutes. At the same time rate how many minutes would it take to produce 272 bolts
    14·1 answer
  • On July 1, 2019, Pharoah Company purchased new equipment for $80,000. Its estimated useful life was 8 years with a $16,000 salva
    9·1 answer
  • Which statement about attitude is correct?
    9·2 answers
  • It is Micah's role at the company to plan, organize, and control the functions within the human resource department. Based on th
    15·1 answer
  • A notice is published stating that RMO 5% convertible preferred stock will be called at $60 per share. The preferred is converti
    6·1 answer
  • The manager at Vertical Wire Productions reported total sales revenue of $800,000. The variable expenses were $600,000, and ther
    14·1 answer
  • Personal finances-- multiple choice!
    10·2 answers
  • Rearrange the letters
    7·1 answer
  • A product's demand per period is normally distributed with a mean of 100 and standard deviation of 10. The in-stock probability
    8·1 answer
  • Marsha and Antonio make a contract in which Marsha agrees to sell Antonio an expensive and rare piece of art. In the contract, M
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!