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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.

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Market size and growth of the total U.S. beer market was estimated to be around $106 billion. The total economic impact of the b
RUDIKE [14]

Answer:false

Explanation:

The current gdp of us is estimated to about $21427.1 billion.

So if beer market is estimated to be $106 billion, the percentage is ($106/$21427.1)*100

= 0.004947*100

=0.4947%

0.497% is not up to 2%

6 0
3 years ago
If the Fed engages in an open market sale with a bond dealer, the bond dealer's bank's transactions deposits liabilities will __
Sliva [168]

Answer:

The correct answer is option c.

Explanation:

If the Federal bank sells securities to a bond dealer, the dealer will need to pay back the Fed. This will cause a reduction in the dealer's bank's transaction deposits liabilities.

A reduction in deposits liabilities will further cause a reduction in the total reserves of the bank. Consequently, it will cause a decrease in the money supply. In this way, the federal reserve bank can curb inflationary pressures.

4 0
3 years ago
Hardigree Corporation uses a job-order costing system. Beginning balance in Work in Process $ 36,000 (1) Raw materials purchased
Katena32 [7]

Answer:

$242,000

Explanation:

Calculation of the total amount of manufacturing overhead actually incurred:

Particulars                                                    Amount

Indirect Materials                                         $42,000

Indirect labor                                                $101,000

Depreciation On factory equipment           $42,000

Additional Manufacturing Overhead          <u>$57,000</u>

Total Manufacturing Overhead incurred <u>$242,000</u>

7 0
3 years ago
If a firm has set up a revolving credit agreement with a bank, the risk to the firm of being unable to obtain funds when needed
Paladinen [302]

Answer:

True

Explanation:

the risk to the firm of being unable to obtain funds when needed is lower than if it had an informal line of credit.

3 0
3 years ago
One important managerial function is controlling, and the first step in the controlling process consists of
dezoksy [38]
One important managerial function is controlling, and the first step in the controlling process consists of setting clear performance standards.
<span>The goal of the controlling is to control that standards are met and stated goals of the organization are achieved .
</span>Standards are used to measure the actual performance and are the benchmarks towards which efforts of entire organisation are directed. Some examples of standards are: revenue to be earned, c<span>ost to be incurred., improved motivation, improved quality of products,..</span>
6 0
3 years ago
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