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sertanlavr [38]
2 years ago
9

An oligopolistic market structure is distinguished by several characteristics, one of which is market control by a few large fir

ms. Which of the following are other characteristics of this market structure? Check all that apply. Difficult entry
Mutual interdependence
No entry
Neither mutual interdependence nor mutual dependence
Either similar or identical products
Business
1 answer:
hichkok12 [17]2 years ago
5 0

Answer: Option A

Explanation: The basic organisational structure and several different characteristics prevailing in a business environment together constitutes a market structure. In an oligopolistic there are very few large firms which dominate the market, for example - auto industry.

As firms in the oligopolistic market are very high this results in high concentration in the market. Each firm in this market structure operates in so large scale that actions of one affects the operations of others.

Usually the capital need in such industries is too large making it difficult to entry also the need for several licenses acts as barriers to entry but there is no such thing like NO ENTRY in such industries.

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What action involves reconfiguring or redesigning work, jobs, and processes for the purpose of improving cost, quality, service,
katrin2010 [14]

Answer:

b. Reengineering

Explanation:

Business Process Reengineering or Business Process Redesign (BPR) involves radical overhaul of company's core business processes, work, jobs, etc to achieve radical performance improvement in terms of quality of service, cost reduction, productivity etc. Company's start from zero and re-think all the processes.

<em>Restructuring:</em> It is significant change made to operational process or structure of a company when the company is facing financial pressure.

For Example Debt Restructuring involves change in terms of debt and creating a way to pay off debt.

<em>Downsizing:</em> Downsizing involves terminating multiple employees at the same time to save money.

<em>Delayering:</em> It is a way to remove one or more levels of hierarchy from the organisational structure. It is a way to flatten the organisation's structure.

<em>Recruiting:</em> It is process of finding and hiring the qualified and suitable people for a given job.  

3 0
3 years ago
There is low interdependence, performance ambiguity, and costs of control in firms pursuing Multiple Choice a localization strat
amm1812

Answer:

Option A (localization strategy) is the right approach.

Explanation:

  • Localization strategy seems to be a method of transforming services or products to something like a unique language, culture as well as the appropriate "look-and-feel" community.
  • Preferably a good or product is designed such that it is fairly sufficient to accomplish this strategy. And it is, therefore, possible to obtain an internationalized products.

Certain options given aren't relevant to the contexts in question. So choice A is indeed the correct way to do things.

8 0
3 years ago
__________ is a widely recognized professional society for persons interested in operations and supply chain management.
Fed [463]

APICS is a widely recognized professional society for persons interested in operations and supply chain management.

Association for Supply Chain Management is a not-for-profit international education organization offering certification programs, training tools, and networking opportunities to increase workplace performance.

APICS merged with the Supply-Chain Council in 2014, and the American Society of Transportation and Logistics in 2015.

Examples of certification : CPIM, CSCP etc.

Read more about Supply Chain Council here brainly.com/question/14325556

#SPJ4

4 0
1 year ago
What is a type of short-term financing that consists of unsecured promissory notes that mature in 270 days or less? Multiple Cho
Ksenya-84 [330]

Answer:

Commercial paper

Explanation:

Commercial paper is a term in business or economics that describes money-market security issued by corporation, which is considered unsecured, so as to obtain funds to meet short-term debt or obligation, such as financing of payroll, and inventories.

It is supported only by issuing bank or company promise to pay the face amount on the maturity date often 270 days or less, as specified on the note.

Hence, COMMERCIAL PAPER is a type of short-term financing that consists of unsecured promissory notes that mature in 270 days or less.

4 0
2 years ago
The following information pertains to Hyde Corp.'s issuance of bonds on January 1, Year 1: Face value $1,000,000 Term 10 years S
stealth61 [152]
Why are all these questions so hard I don’t know the answer
7 0
3 years ago
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