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Advocard [28]
3 years ago
12

A monopolistically competitive firm is currently earning a positive economic profit. If other firms enter the market, we would e

xpect that the added competition will cause this firm to adjust its output such that it
a.

will no longer be at its efficient scale.

b.

might move either closer to or further from its efficient scale.

c.

will operate further from its efficient scale.

d.

will operate closer to its efficient scale.
Business
1 answer:
Hunter-Best [27]3 years ago
5 0

Answer:

C.

Will operate further from its efficient scale.

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Philip Morris bought Miller Brewing and used its marketing expertise to improve Miller's market share. This justification for di
olga2289 [7]

Answer:

The correct answer is the option B: Capitalizing on core competencies.

Explanation:

To begin with, in the field of business when we talk about "core competencies" we use the term to refer to something that a company can add to its business strategy with the purpose to add more value to the final benefit that the final consumer will obtain from the consumption of the good. Therefore that it means that capitalizing on core competencies refers to the situation where a company decides to add a superior value to its product by achiving diversification in its strategy and more specifically in this case, in its marketing campaign so that is why that Philip Morris will capitalize on core competencies by using marketing expertises from the other firm that has just bought.

3 0
3 years ago
Because of its size and relative power, Walmart can easily impose controls on small manufacturers, such as Brown Betty Dessert B
Liono4ka [1.6K]

<u>Answer:</u>

<em>Walmart’s various marketing channel relationships offer examples of different forms of an (b) administered vertical </em>

<em></em>

<u>Explanation:</u>

This is a "type of marketing system", different categories of distribution channel, usually producers, retail outlets, and wholesalers, cooperate as a unit to convey items to end clients. Under a common framework, each piece in the circulation channel works as an independent business and attempts to build its very own benefits, frequently to the detriment of different organizations in the chain. Vertical marketing systems help to lessen these sorts of contentions to the common advantage of all gatherings.

8 0
4 years ago
An industrial company contacts John Deere to design a specific type of equipment for use in its manufacturing facility. If John
Anestetic [448]

Answer:

product design

Explanation:

Based on the information provided within the question it seems that this process is called a product design. This process is the creation of an idea that leads to a brand new product, and is created from a set of specifications provided by the designer on a blueprint. Such as what the two company's must make if they accept the offer.

7 0
3 years ago
A company had expenses other than cost of goods sold of $175,000. determine sales and gross profit given cost of goods sold was
faust18 [17]
581,000 is your answer hope it wasint to late 
7 0
4 years ago
John Pablo works in the accounting department of a multinational manufacturing company. His job includes updating accounts recei
lara [203]

Answer:

The options are given below:

A. revenue cycle.

B. expenditure cycle.

C. financing cycle.

D. production cycle.

The correct option is A

Explanation:

The revenue cycle is a term that is used in accounting and business which describes the journey pathway a product or service will take from when it is produced to when it is sold.

The revenue cycle starts when an organization delivers a product or provides a service, and ends when the customer makes payment for the product or service.

In the scenario above, we can see that John Pablo's responsibilities are part of the company's revenue cycle because updates accounts receivable based on sales orders and remittances, and sales of products are a part of the revenue cycle of a business organization.

5 0
3 years ago
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