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atroni [7]
3 years ago
5

Large firms with significant slack resources (i.e., are able to launch a greater number of competitive actions) but that remain

flexible and act like small firms (i.e., are able to launch a variety of actions) will be more successful against rivals.
1. True
2. False
Business
1 answer:
Black_prince [1.1K]3 years ago
7 0

Answer:

True.

Explanation:

It is true that large firms with significant slack resources but who remain flexible and act like small firms will be more successful against rivals.

Larger firm with significant high resources need to manage these resources with additional responsibility and there is a high risk of these resources to be remain unutilized or inappropriatly used, which may affect the company´s growth and does not remain flexible in taking risk, however, they can take greater number of competitive actions.

Small firm with lesser resources and less liability help them to be flexible and can take higher risk to be competitve in the market. They learn to optimum utilize the resources and plan new strategy that help them to be more successful against rivals. They are called "Dark horses" in the market.

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Abed carries an average monthly balance of $800 in his checking account. If his bank charges $9.00 per month as a minimum servic
Ray Of Light [21]

Answer:

Abed must earn 13.5% or $108 annual interest to cover the monthly fee.

Explanation:

Abed should earn minimum $9 of interest on deposit each month to cover the  bank charges expense.

Average Monthly Balance = $800

Bank Charges = $9.00 per month

Monthly interest rate = (Monthly bank charges / Monthly average balance ) x 100

Monthly interest rate = ( $9.00 / $800 ) x 100 = 0.01125 x 100 = 1.125%

Annual Interest rate = 0.01125 x 12 = 0.135 = 13.5%

Annual Interest = $800 x 13.5% = $108

7 0
3 years ago
The price elasticity of a good will tend to be larger:
gregori [183]
The price elasticity of a good will tend to be larger the longer the relevant time period.
5 0
3 years ago
According to forbes how many billionaires are there?.
Alenkinab [10]

Answer:

there is 614.

Explanation:

see answer.

6 0
3 years ago
On January 1, 2021, Nana Company paid $100,000 for 8,000 shares of Papa Company common stock, which represents 10% ownership. Pa
inna [77]

Answer:

$360,000

Explanation:

According to the scenario, computation of given data are as follows,

Nana company bought shares = 8,000

Fair value of share = $45 per share

So, we can calculate the amount to be reported in balance sheet by using following formula,

Amount to be reported in balance sheet = Number of shares bought × Fair value per share

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Seasons Construction is constructing an office building under contract for Cannon Company and uses the percentage-of-completion
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Answer:

(C) $4,650,000 $ 5,250,000

Explanation:

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