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In-s [12.5K]
3 years ago
5

If there is a market with the below noted market segmentation, what would the four firm market concentration ratio be?

Business
2 answers:
sergey [27]3 years ago
7 0

Answer:

b. 90

Explanation:

The concentration ratio is a term in business that is measured as the total summation of the market share percentage carried by the largest specified number of companies in an industry. The concentration ratio varies between 0% to 100%, and an industry's concentration ratio is considered to demonstrates the extent of competition in the industry.

However, the four-firm concentration ratio is calculated by summing the market shares—that is, the percentage of total sales—of the four largest companies in the given market.

Hence, in this case, we have 35%, 30%, 15% and 10% as the top four largest market share. There by, summation equals => 35+30+15+10 = 90.

BlackZzzverrR [31]3 years ago
4 0

Answer:

The correct answer is:

90 (b.)

Explanation:

A concentration ratio is the ratio of the combined market shares percentage held by the largest specified number of firms, compared to the given market size. The concentration ratio ranges from 0% to 100%. If the concentration ratio of an industry ranges from 0% to 50%, that industry is said to be perfectly competitive if the top 5 firms have a concentration ratio of 60% or more, oligopoly is said to occur, and if the competition ratio of one company is 100% it shows monopoly.

In our example, the concentration of the largest four market segments are:

35%, 30%, 15% and 10%

Therefore, the four firm market concentration ratio = 35 + 30 + 15 + 10 = 90    

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Nicholas is the production manager for a manufacturing firm. He has two supervisors who are experiencing conflict with each othe
siniylev [52]

Answer:

Avoidance

Explanation:

Conflict or disagreement usually occurs when individuals or members of a group engage in an expressed struggle that hinders a task accomplishment. This occurs mainly due to the real and perceived differences that exist among individuals or members of a group.

Communication

Simply deals with how individuals coordinate actions and achieve goals. It is usually refered to as the process by which information is exchanged between individuals via a common system such as symbols, signs, or behavior. People communicate differently and when you don't understand each other ways, attitude or method of communication, conflict is bound to occur.

Avoiding conflict-handling style

This is a type of conflict handling style that is generally of little/low concern for meeting the needs of both yourself and your group members. It is the act of deliberately ignoring or withdrawing yourself and hopingthe problem will go away and letting others to handle it. It is only useful when facing trivial/temporary issues, no chance to get what you want, when others can, when people need to cool down/get more information etc. But it usually makes other people perceive you as uncaring and a conflict simmers.

6 0
3 years ago
Which of the following actions ha NO impact on your credit score
mario62 [17]
Credit Karma. just kidding...<span>You may know that </span>credit<span> card balances, payment history and recent </span>credit<span>inquiries can cause </span>your credit score<span> to sink or soar. But when it comes to the three-digit number that </span>has<span> an </span>impact<span> on everything from </span>your<span> ability to rent an apartment to the interest rates on loans, there are a lot of misconceptions.</span>
6 0
2 years ago
Read 2 more answers
Suppose you've just inherited $10,000 from a relative. You're trying to decide whether to put the $10,000 in a non-interest-bear
kompoz [17]

<u>Solution and Explanation:</u>

  • When interest rate is 8%, opportunity cost is 800 dollar per year for 10000.
  • When interest rate is 10%, opportunity cost is 1000dollar per year for 10000.

McQ ans is C I.e. Qunatity demand decreases as interest rate rises because Md=KPY-hi

It is to kept in mind that with the change in the quantity that is being demanded may fluctuate with the change in the interest rate. The relationship between the price and demand goes hand in hand.  

7 0
3 years ago
Transactions for Buyer and Seller Sievert Co. sold merchandise to Vargas Co. on account, $148,600, terms FOB shipping point, 2/1
g100num [7]

Answer:

Part a

Debit : Accounts Receivable - Vargas Co. $148,600

Debit : Cost of Sales $89,160

Credit : Sales Revenue $148,600

Credit : Merchandise $89,160

Part b

Debit : Freight Expenses $2,100

Credit : Cash $2,100

Part c

Debit : Cash $133,740

Debit : Discount allowed $14,860

Credit : Accounts Receivable - Vargas Co. $148,600

Explanation:

A corresponding cost of sales must be recorded each time a sale is made. The freight costs are company costs for Sievert Co. and will be expensed in the income statement.

The payment due is at 90 % after the discount of 10% given that the payment is made within the credit term of 30 days.

8 0
2 years ago
_____ is the amount of information a communication medium can carry and the extent to which the medium enables the sender and re
asambeis [7]

Answer:

Information richness.

Explanation:

<u>Information richness</u> is the amount of information a communication medium can carry and the extent to which the medium enables the sender and receiver to reach a common understanding. This is the correct answer to your question.

Hope this helps!!!

Kyle.

8 0
2 years ago
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