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Elanso [62]
3 years ago
6

What are the characteristics differentiates a firm in an oligopolistic market from a firm in a perfectly competitive market?

Business
1 answer:
Black_prince [1.1K]3 years ago
6 0

Answer:

A firm in an oligopolistic market has to consider its own impact on price when making production decisions.

Explanation:

Hope this helps

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On average, managers spend the least amount of time doing which managerial activity?
Aleks [24]

On average, managers spend the least amount of time doing the managerial activity is networking.

What is networking?

Networking is the technique  of making connections with respect  of the business environment. Managers very often  get involved in developing  relationships and making their own networks. They are accountable for monitoring and completing the given task in an effective  way. So, they basically  focus on many managerial activities like decision-making, planning things, communicating the required information, managing employees, etc.

Which managerial function is the most important?

The  most important function of management is Planning. Planning means  setting objectives in order to achieve , a goal in a limited time period .Several alternatives are formulated in order to achieve the goals.

Learn more about managerial activity:

brainly.com/question/26106218

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6 0
2 years ago
For the year ended December 31, 2013, Mason Company has implemented an employee bonus program equal to 7% of Mason's net income,
statuscvo [17]

Answer:

Bonus liability = 7% x $3,500,000

Bonus liability = $245,000

Explanation:

Since the pre-bonus net income is $3,500,000  and the bonus is 7% of the pre-bonus net income, then, the estimated bonus liability is 7% x $3,500,000 = $245,000.

6 0
3 years ago
Accounts receivable arising from sales to customers amounted to $80,000 and $65,000 at the beginning and end of the year respect
Fittoniya [83]

Answer:

d. $165,000

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

The computation is shown below:

Cash flow from Operating activities  

Net income                   $150,000

Add: Decrease in accounts receivable $15,000      ($65,000 - $80,000)

Net Cash flow from Operating activities           $165,000

4 0
4 years ago
Explain the definition of Human Resources Management
Arlecino [84]

Answer:

Human resource management (HRM or HR) is the strategic approach to the effective management of people in a company or organization such that they help their business gain a competitive advantage. It is designed to maximize employee performance in service of an employer's strategic objectives. Human resource management is primarily concerned with the management of people within organizations, focusing on policies and systems. HR departments are responsible for overseeing employee-benefits design, employee recruitment, training and development, performance appraisal, and reward management, such as managing pay and Employee benefits benefit systems. HR also concerns itself with organizational change and industrial relations, or the balancing of organizational practices with requirements arising from collective bargaining and

Explanation:

The Oppoturnity to employ Workers and to make sure their comfortable

5 0
3 years ago
Heinrich established a scientific approach for accident causation by starting with the accident and working backwards
Simora [160]
<span>The answer for this question is b. False. The first scientific approach established by Heinrich is focus on Prevention and is a linear approach that looks like a Domino effect. His model starts with the possible mistakes and according to this model by eliminating one of the factor (mistakes or possible causes of accident) an accident can be prevented. Today this model is called Domino theory. Heinrich established this model and called it Scientific Approach for Accident Prevention.</span>
6 0
4 years ago
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