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3 years ago

Companies that stay at the forefront of technological advances in their industries are said to have_________.

Business

2 answers:

shusha [124]3 years ago

6 0

Answer:

c. first mover advantage.

Explanation:

First mover advantage is the edge a company gains by being the first to occupy a market segment by gaining technological leadership or obtaining resources early.

Usually first entrant to the market uses control of resources to gain competitive advantage similar to a monopoly

Competitors try to copy success of first mover advantage but most times the companies that have first mover advantage maintain market dominance for some time.

nydimaria [60]3 years ago

5 0

Answer:

Explanation:

First mover advantage tend to enjoy competitive advantage. These are firms that always at the forefront of advances in their industries. First mover advantage may be gained by early purchase of resources or by technological leadership.

First movers can be rewarded with huge profits margins if its capitalize on its advantage.

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Without the government or foreign sector in the income expenditure model consumption equals what?

lubasha [3.4K]

Answer:

Explanation:

3 0

3 years ago

Suppose the total market value of all the final goods and services produced in the country of Rushya was $8 billion in 2008 (mea

Advocard [28]

Answer:

Option 4 is definitely correct: Whether real GDP increased cannot be determined with the information given.

Explanation:

The information that is given only states that there has been an increase in the market value of final goods and services in two years. So, we cannot conclude that production increased in Rushya or average price levels increased there as per Option A and C respectively, because market value can be increased by both increase in production or price levels. Even Option B cannot be concluded as the real GDP is dependent on other variables as compared to the total market value.

Thus, only appropriate statement is option D: we cannot determine increase in real GDP with the given information.

3 0

3 years ago

Uniform Supply accepted a $6,300, 90-day, 8% note from Tracy Janitorial on October 17. If the note is dishonored, but Uniform Su

Dovator [93]

Answer:

Debit Cash $6,426; credit Interest Revenue $21; credit Interest Receivable $105, redit Notes Receivable $6,300.

Explanation:

Based on the information given the appropriate journal entry that Uniform Supply should make on January 15 of the next year will be:

Debit Cash $6,426

($6300+$105+$21)

Credit Interest Revenue $21

($6300*8%*15/360)

Credit Interest Receivable $105

(6300*8%*75/360)

Credit Notes Receivable $6,300

6 0

3 years ago

On November 1, 2018, ABC signed a $100,000, 6%, six-month note payable with the amount borrowed plus accrued interest due six mo

Kryger [21]

Answer:

ABC

In recording the payment of the note plus accrued interest at maturity on May 1, 2019, ABC would: __________

Journal Entries:

May 1, 2019:

Debit Interest Payable $1,000

Debit Interest Expense $2,000

Debit Notes Payable $100,000

Credit Cash $103,000

To record the payment of the note plus accrued interest at maturity.

Explanation:

a) Data and Calculations:

November 1, 2018:

6% 6-month Note Payable = $100,000

December 31, 2018:

Accrued interest = $1,000 ($100,000 * 6% * 2/12) for 2 months

May 1, 2019:

Interest Expense = $2,000 ($100,000 * 6% * 4/12) for 4 months

Transaction Analysis on May 1, 2019:

Interest Payable $1,000 Interest Expense $2,000 6% Notes Payable $100,000 Cash $103,000

6 0

2 years ago

When you decide to go and have a dinner with your friends in a world class hotel such as the Golden Tulip or La Pleasure Beach,

bezimeni [28]

Answer:

A. Price makers

B. Brand name

Explanation:

A. The hotels charge very high prices for wine and soft drinks because they are not price takers. They do not consider the price prevailing in the market for the products they are offering to the customers. They are price makers and select to charge the price they want to maintain their current hospitality. It their perception that wine and soft drinks are part of luxury. The food is an essential and people are not allowed to bring outside food in the hotel so they will buy it but when they will consume food they will also require the drinks as a part of their meal.

B. The people in today's world are so much brand conscious. They will pay for a name tag so they will be regarded for their high status in the society despite of low quality products. The ease of shopping at the branded stores is another reason for their high sales.

5 0

3 years ago