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Lelechka [254]
3 years ago
9

The aircraft industry has long been dominated by two large aircraft manufacturers, Boeing and Airbus. The demand for major aircr

aft is low, and Boeing and Airbus aggressively compete for orders from airlines. What effect will these conditions have on the domestic airline industry
Business
1 answer:
lisov135 [29]3 years ago
6 0

Answer:

The correct answer is letter "A": It will make the airline industry more attractive because of decreased supplier power.

Explanation:

According to American Harvard Business professor Michael E. Porter (born in 1947), there are five (5) forces driving business: <em>Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, </em>and <em>Threat of New Entry</em>. Supplier Power involves the influence providers of goods or services have in the industry to change the price of their products. Usually, when there are more suppliers than buyers or when the suppliers are willing to join forces, they gain more power.

Thus, <em>as Boeing and Airbus compete for the aircraft market, they have few supplier power which could be attractive for investors interested in engaging the domestic flights market</em>.

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For a binomial experiment with r successes out of n trials, what value do we use as a point estimate for the probability of succ
trapecia [35]

Answer: \dfrac{r}{n}

Explanation:

If r is the number of successes out of n trials , then the sample proportion of success = \hat{p}=\dfrac{r}{n}

For binomial experiment , if the population probability of success p on a single trial is not given , then the best point estimate for probability of success p on a single trial is the sample proportion of successes.

i.e. a point estimate for the probability of success p on a single trial :

p=\hat{p}=\dfrac{r}{n}

Hence, a point estimate for the probability of success p on a single trial = \dfrac{r}{n}

4 0
3 years ago
Types of Financial Assets Match the description of the security to the type of financial asset. A security that provides a payof
IRISSAK [1]

Answer: Derivative security

Explanation:

Derivative security is referred to as the security that provides a payoff which depends on the values of other assets.

A derivative security is referred to as the financial instrument whereby the value depends on the value of another asset. There are different types of derivatives such as options, swaps, futures, and forwards. Example of derivative security is convertible bond.

6 0
3 years ago
. One of the most commonly used operations management tools is cognitive mapping which is used to better understandthe psycholog
Dennis_Churaev [7]

Answer:

The correct answer is letter "B": False.

Explanation:

Scientific Management also called Taylorism after American economist and father of this theory Frederick Winslow Taylor (1856-1915), looks for increasing companies' efficiency by improving labor productivity and understanding the psychology of workers.

That will be achieved by <em>hiring the correct workers for a job, monitoring their performance and providing training, and dividing the work between management and workers correctly so managers can take care of handling the business operations while employees of executing those operations.</em>

7 0
3 years ago
Mark is looking to buy his first home. His friends suggest that he check the style of the house and the number of rooms. He is,
Scrat [10]

Answer:

The correct answer is letter "B": anchoring.

Explanation:

Anchoring bias or focalism takes place when individuals make decisions driven by the first impression obtained on a certain matter. Under this situation, those individuals do not take well-educated decisions since there has not been an analysis of the pros and contras of picking that choice over others.

4 0
3 years ago
Suppose that web slinger provides internet service for all 40,000 homes that purchase internet service in the metropolitan area.
Nana76 [90]
This situation is a monopoly
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3 years ago
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