Answer:
Threat of New entrants
Explanation:
Opening a corner coffee shop is a relatively simple process with low-to-moderate start-up costs. The five forces model would suggest that in this industry, threat of new entrants is a strong force.
In the scenario, there is a low barrier to entry and it requires little capital to enter into the coffee shop industry, hence the factor of 'threat of new entrant' is a strong force.
Answer: $5,220,000
Explanation:
The cost of the video board will be the total amount spent on the video board. This will be:
Invoice price = $5,000,000
Add: Delivery and Installation costs = $100,000
Add: Air conditioning units = $120,000
Cost of the video board = $5,220,000
Therefore, the cost of the video board is $5,220,000
Answer:
An objective of the expense recognition (matching) principle is to have bad debt expense debited in ,Nation matching,
Answer:
Identify
Explanation:
When a logo is not only aesthetically-pleasing, relevant, and adequate, but also easy to identify, customers will tend to like the logo so much that some of them could make their decision to buy based on the logo alone.
An attractive logo is a crucial part of the marketing mix (is both part of the product and the promotion aspect), and the marketing strategy in general, and for this reason, a great degree of attention should be paid to designing the logo.
Some of the largest firms in the world have memorable logos that almost any customer can identify, for example, Apple, has its famous apple logo, and Microsoft uses the stylized window logo for its operating system of the same name.
Answer:
The firm should decrease output, because the market price is $5, which is lower than the marginal cost of producing one more unit of output: $6.
However, the average total cost of producing output in this market is $4, so the firm should only produce up to the point where this cost is still $4, so that it can make a profit of $1 in the market.