Components inc., a maker of vehicle parts, refuses to sell to diy repair inc., a national vehicle service firm. the maker convinces the engine parts company, a competitor, to do the same. this is a group boycott.
Under competition law, a group boycott is a type of secondary boycott, unless two or more competitors in the relevant market agree to deal with an actual or potential competitor of the boycotting firm. Refuse to do business with the company.
Example: The FTC challenged the actions of several groups of competing health care providers, such as physicians, and refused to do business with insurance companies or other purchasers on terms other than those mutually agreed upon. That amounted to a group boycott of the illegal group.
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There are several first mover advantages including:
-Brand recognition: better chance of being recognized if you were the first to do something
- Economies of Scale: learn how to perfect and grown in the market before other competitors come along
-Switching costs: when customers are established with the first brand they are less likely to want to spend the money to switch to a new competitor
9% of annual rate of interest will she be earning on her investment .The price of borrowing money is reflected in the interest rate on a credit card.
<h3>What is annual rate interest ?</h3>
The price of borrowing money is reflected in the interest rate on a credit card. We utilize the annual percentage rate for this (APR). On the majority of credit cards, you can avoid paying interest on purchases if you pay your balance in full each month by the due date.
The term annual percentage rate of charge refers to the interest rate for an entire year rather than just a monthly fee or rate as applied on a loan, mortgage loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is an annual rate of a finance charge.
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Answer:
The sentence is unethical if there is a clear responsability on the mistakes. If the mistakes were made, and no one can be truly held accountable for that, then, the sentence is not unethical.
Explanation:
For example, if the government is corrupt, and officials actively commit embezzlement, the phrase "mistakes were made" is unethical because it is diverting the personal responsability of the corrupt officials.
But if for example, there is a volcano eruption, and the goverment tries its best to avoid casualties, but because of some involuntary mistakes some people still die, the phrase is not unethical because the mistakes were not voluntary and the consequences of those were not intended.
