1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
omeli [17]
3 years ago
7

Magical Productions is a large production company that controls a major portion of the television industry's market share along

with two other firms. Despite its competitiveness with the two other firms, it is influenced by their actions and often has to consider their strategic actions before acting on its own. In this scenario, Magical Productions is most likely functioning in a(n) _____ industry.
Business
1 answer:
Daniel [21]3 years ago
3 0

Answer: Oligopolistic

Explanation:  

 The oligopolistic industry is one of the type of market structure where the small industries or the companies are compete with each other and earning the various types of economical profits.

The main purpose of this type of industry is that it help[s in reducing the competition in the market and also control the market share function.  

According to the given scenario, the magical production is one of the type of large production organization and this company perform various types of functioning in the Oligopolistic industry.  

 Therefore, Oligopolistic is the correct answer.

You might be interested in
After a new company has developed a customer base, management needs to build more structure into the organization. In Greiner’s
Colt1911 [192]

Answer:

The correct word for the blank space is: Phase 2 - Direction.

Explanation:

American Professor Larry Greiner (born in 1933) proposed his Growth Cycle model to explain the process businesses go through at the moment of conducting its operations. According to Greiner, the process faced five (5) stages: <em>Creativity, Direction, Delegation, Coordination, </em>and <em>Collaboration</em>,

In phase 2 - Direction, executives establish the organizational structure of the firm focusing on accounting and capital management at the moment of making decisions. Management is centralized.

6 0
3 years ago
What are the three main types of economic systems?
otez555 [7]

Answer:

command, market, and mixed

3 0
2 years ago
What was the result in the Lucy v. Zehmer case (referenced in the textbook) involving whether allegations of joking regarding th
iogann1982 [59]

Answer:

The Supreme Court ruled in favour of the Complainants, enforcing the contract.

Explanation:

The Lucy Vs Zehmer case was one of decision on if a contract was binding or not on the basis of the undisclosed intentions of the parties involved in the contract. Zehmer alleged that he had jokingly sold and transferred title to Lucy while drunk. However the court ruled that contract for the sale of land to Lucy was valid on the basis that the secret intentions of Zehmer was not known or disclosed in the sale of the land and only his actions count for the contract to be binding.

5 0
3 years ago
When other salespeople believe that a sales manager has valuable knowledge or skills in a given area, the sales manager is able
netineya [11]

Answer:

The correct answer is: expert power.

Explanation:

Expert power is power derived from the belief of workers that a manager or some other member of an organization has a high level of knowledge or some sort of unusual skills not acquired or displayed by other employees or coworkers of the company. This provides the skilled worker a certain influence at the moment of deciding workers of the same hierarchy.

6 0
3 years ago
1. Which of the following questions would be permissible to ask during an interview with a candidate who
Marina CMI [18]

Answer:

I would say the first one

Explanation:

beacuse you do need to know if there is anything that could be hard for them to do and make it where they cant do there job it also might depnd on the job of what you would ask them but I would say the fist one so it gets to the point and isent rude hope this helps :)

7 0
3 years ago
Read 2 more answers
Other questions:
  • JJ Enterprises has current assets of $10,406, long-term debt of $4,780, and current liabilities of $9,822 at the beginning of th
    13·1 answer
  • A study of about 1,800 U.S. colleges and universities resulted in the demand equation q = 9,900 − 2p, where q is the enrollment
    9·1 answer
  • What countries represent the largest global business opportunities for the next decade
    10·1 answer
  • Required information [The following information applies to the questions displayed below.] On October 1, Ebony Ernst organized E
    5·1 answer
  • Compute cost of goods sold for 2015 using the following information. Finished goods inventory, Dec. 31, 2014 $ 345,000 Work in p
    11·1 answer
  • Chelsea has vivid childhood memories of Saturday mornings when her father used to take her out to a restaurant for breakfast. It
    9·1 answer
  • Which type of cover letter would the above excerpt come from? a. Prospecting cover letter b. Networking cover letter c. Applicat
    5·2 answers
  • Fine dining, also known as white tablecloth dining, is an example of _____.
    11·1 answer
  • If you buy an investment for $800 and then sell it for
    6·1 answer
  • A manufacturing company has a pay structure based on job descriptions. As the company moves toward customizing production to mee
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!