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neonofarm [45]
3 years ago
6

Which of the following statements about price wars is true? Multiple Choice a. Firms that have to deal with the possibility of p

rice wars often have sticky prices. b. Price wars tend to increase the short-run flexibility of prices. c. Firms that have to deal with the possibility of price wars often have extremely flexible prices. d. Firms that do not have to deal with the possibility of price wars often have sticky prices.
Business
1 answer:
ira [324]3 years ago
3 0

Answer:

The statement which is true about price war is A) firms that have to deal with the possibility of price often have sticky prices.

Explanation:

A price war can be defined as a situation where two or more firms compete with each other over the prices of goods and service by reducing their prices to earn profit or gain or maintain market share.

Sticky prices also called as price stickiness , it is a situation where prices of goods and services doesn't change quickly when there are shifts in demand and supply curve.

Statement A is true because firms that are engaged in wars have sticky prices because they don't want to change their prices more often or too low such that they start losing market share or incurring losses.

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Within organizations, leaders are needed to ________ and managers are needed to ________.
velikii [3]
Pay , work hope this helped you have a good day
4 0
3 years ago
What is the after-tax cost of debt for a firm if it pays at 21% of tax rate, and pays 15% on its debt
FinnZ [79.3K]

Answer:

= 11.85%

Explanation:

After tax cost of debt = (1 - tax rate) x debt

(1 - 0.21) x 15%

0.79 x 15% = 11.85%

5 0
3 years ago
Explain instances which render leadership unnecessary
Scilla [17]

Leadership is not needed when:

  • It will make processes inefficient due to time wasting
  • It is being used to oppress people
  • Subordinates don't need leadership

Leadership is usually quite good as it can galvanize subordinates to be better workers due to better organization as well as inspiration.

There are instances where it is not needed however such as when:

  • It slows down processes - sometimes leaders will need to give permission for a subordinate to do something. If this thing is time conscious and the leader is not available to give their ascent, the whole process could suffer.

  • It oppresses people - when a leader is an oppressive one and acts in such a way that their subordinates suffer, that leadership is not needed.

  • Subordinates are fine without it - sometimes workers have the necessary skills and experience to operate independently without a leader. In such a case, a leader is not needed.

In conclusion, while a leader is quite important in many ways, there can be situations where it is best that they are not used.

<em>Find out more at brainly.com/question/24150490.</em>

3 0
2 years ago
describe the communication process model, and explain how social media are changing the nature of business communication.
neonofarm [45]

Communication process model is the communication model made up of seven parts:

the communication source

encoding

the message

the channel

decoding

the receiver and

feedback.

Social media has forced different past favorites to recreate themselves into new formats while new social media companies have penetrated existing markets and businesses.

Social media has transformed internal as well as external business communication, so that it is now becoming more democratic, more open, and more participatory than ever before.

To know more about communication model here:

brainly.com/question/12999799

#SPJ4

8 0
1 year ago
Assume that a parent company owns a 100% controlling interest in its long-held subsidiary. On December 31, 2013, a parent compan
Vlad [161]

Answer:

Related to the transferred equipment, the items that is true regarding the preparation of the consolidated financial statements for the year ending December 31, 2013 is:

C. The consolidation entries will include a $26,000 debit to "Gain on Sale of Equipment."

Explanation:

a) Data and Calculations:

Original cost of the equipment to the parent = $180,000

Transfer of equipment to subsidiary =                 (118,000)

Accumulated depreciation to December 31,        (36,000)

Unaccounted balance =                                          26,000

b) The unaccounted balance of $26,000 needs to be credited to the parent's Equipment account to remove it from the account.  This will have a corresponding debit entry in another account.  The only correct entry among the options is C.

5 0
3 years ago
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