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White raven [17]
3 years ago
13

Many new business will run at a loss in the beginning? A.TRUE B. FALSE

Business
1 answer:
makkiz [27]3 years ago
6 0

the answer is ( true )



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An oligopoly exists when a firm offers a product that has no close substitutes, making the firm the sole source of supply.
Mademuasel [1]

Answer:

B) False

Explanation:

That would be a monopoly (only one supplier).

An oligopoly is a market where there are very few suppliers, and competition is very limited since the barriers to entry are very significant.

For example, the automobile industry is an oligopoly. There are only a few car manufacturers in the world, and they all are very large corporations. It costs hundreds of millions of dollars to introduce a new car model, and every time that happens, the corporations must carry on expensive advertising and promotional campaigns.

4 0
3 years ago
In the event of death, this insurance covers the entrepreneur's business and helps family face the financial challenges.
allsm [11]

Answer:

a

Life

Explanation:

Life insurance is a contract where the insurance company undertakes to pay the amount stated in the policy document upon the insured's death. The insured, in turn, pays periodic insurance premiums to keep the contract in force.

Life insurance renders financial protection to the family and the insured upon their death. For an entrepreneur, the insurance company will compensate their family for the loss of income occasioned by their death.

8 0
3 years ago
Omega, Inc. is considering international expansion and wants to know if it is likely to command a high price for its fitness pro
baherus [9]

<u>Answer:</u> Option C

<u>Explanation:</u>

International expansion is a strategy where the organizations enter into global markets for the benefit of making quick profits and business development in new segments. Omega Inc can fix higher prices when their products provide a greater value to the customers in that foreign market.

In the other given situations the company cannot fix a higher price for the fitness products in foreign market. Other situations given are easily available products, low expected sales volume and low price of the competitors.

7 0
3 years ago
Charlie wants to register a name for his company. He wants a name that is specific to the company and makes the company easily i
sweet-ann [11.9K]

Answer:

The name of the company isLaunch Business As

6 0
2 years ago
Read 2 more answers
• Identify where Moisturizing Black Soap Shampoo is currently positioned in the product life cycle.
Scorpion4ik [409]
I believe the Moisturizing Black Soap Shampoo which is capable of both moisturizing and cleansing at the same time, had long been introduced in the industry. This product is currently in its maturity stage as many are still unaware of its existence. Thus, the need for further advertising. 
5 0
3 years ago
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