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
dem82 [27]
3 years ago
6

Multimarket competition occurs when firms: a. have a high level of awareness of their competitors' strategic intent. b. simultan

eously enter into an attack strategy. c. compete against each other in several geographic or product markets. d. sell different products to the same customer.
Business
1 answer:
cestrela7 [59]3 years ago
4 0

Answer:

compete against each other in several geographic or product markets.

Explanation:

Multi-market Competition is a form of competition when two or more firms compete in several market across the geographies by selling different products. Multi-market competition leads to different strategies of business growth than that of  a single market competition because if a company A plays aggressive strategy in one market another company B may play against it in another market where company A is vulnerable. Hence it leads to situation called “Mutual forbearance “. It is generally seen that such companies do not play price war. Barriers to entry in such market is low due to availability large number of markets.  

Example of this could be Procter and Gamble competing Hindustan Uni-Lever limited. Both of them have diverse portfolio of products and both of them sell their product in different market across geographies.

You might be interested in
Suppose that the Town of Mapledale is considering hiring an additional firefighter. The expected benefit is estimated to be wort
Radda [10]

Answer:

(B) Hire the firefighter if the cost of the new firefighter is less than $75,000.

Explanation:

The city should hire the Firefighter only if the cost of new firefighter is less than $75,000.

Since $5 x 15000 residents = $75, 000.

Therefore it is still beneficial to hire a new firefighter if the cost is less than $75, 000

5 0
4 years ago
Technology has not really affected the hospitality industry.<br> True or false
drek231 [11]
False. think about x-rays and radio graphs if we didn't have these a lot of people would die because of these life saving technology
8 0
3 years ago
Read 2 more answers
Which of the following statements is false? A. Cash dividends should be recorded as a liability when they are declared by the bo
xenn [34]

Answer:

The answer is: B) FICA taxes withheld from employees' payroll checks should never be recorded as a liability since the employer will eventually remit the amounts withheld to the appropriate taxing authority.

Explanation:

FICA taxes (or payroll taxes) are based on an employee's salary. Both employees and employer pay FICA taxes for Social Security and Medicare. Employers withhold these taxes from their employees' paychecks, and then pays them to the Internal Revenue Service (IRS).

3 0
3 years ago
Automakers began rewarding dealers with financial incentives long before dealership customers started getting them, too. Recipie
frozen [14]

Answer:

Spiff

Explanation:

Spiff: It is an financial incentive paid by manufacturer or employer to the salesperson for directly selling it´s product., sometime it is paid on achieving sales target by salesperson. It encourage seller to make more sales. Spiff stand for Sales performance Incentive Fund and it is paid quicker than commission.

In the given case, Automaker is paying spiff to dealers to encourage sales of it´s own brand over a competitor's product sold at the same store.

8 0
3 years ago
The slope of the _________________ is determined by the relative price of the two goods, which is calculated by taking the price
sleet_krkn [62]

Answer:

C) budget constraint

Explanation:

The budget constraint is a graph of all the combinations of goods and services a consumer can purchase given prices and income of the consumer.

The absolute slope of the budget constraint is the relative price of the two goods represented on the graph.

I hope my answer helps you

8 0
3 years ago
Other questions:
  • The UCC permits terms to be added into a contract or filled in as gap fillers; however, a contract between merchants cannot be e
    6·2 answers
  • Which of the following is not an attribute of every leader?
    6·2 answers
  • What is the difference between regular potato salad and Amish potato salad
    10·1 answer
  • In the liquidation of a partnership, any gain or loss on the realization of non-cash assets should be allocated:_____.
    8·1 answer
  • Fetzer Company declared a $0.35 per share cash dividend. The company has 200,000 shares authorized, 190,000 shares issued, and 8
    10·1 answer
  • Cash Flows From Operating Activities Add to Net Income Deduct from Net Income Cash Flows From Investing Activities Cash Flows Fr
    13·1 answer
  • The following units of an item were available for sale during the year:
    13·1 answer
  • ꒻ꁲꌅ?????????????????????????????????????????????????????????????????????????
    8·1 answer
  • Can anyone answer this question it important​
    13·2 answers
  • For months, Phirum has been designing and redesigning the lobby, restaurants, and other interior spaces that his company is reno
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!