This first-mover advantage occurs when a company can significantly increase its market share by being first with a new competitive advantage.
<h3>What are the important competitive advantage?</h3>
Competitive advantage will give a market an edge over another market.
This is because market are mostly competitive in nature and when an individual is performing better in terms of profit and reduced expenses then the Market is at advantage.
Therefore, this first-mover advantage occurs when a company can significantly increase its market share by being first with a new competitive advantage.
This first-mover advantage occurs when a company can significantly increase its market share by being first with a new competitive advantage.
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The correct answer would be, KeyLine follows a target return objective that sets a specific level of profit as an objective.
The company prices its products so that it earns 20 percent return on investment. The pricing objective of Setting Specific level of profit as an objective is followed by the company.
Explanation:
When companies do their business, they set their objectives about the sales and profits or anything else about the business. Some companies make their pricing objectives that are flexible and some make their objectives as non flexible.
The company which defines that their return on investment should be 20 percent, it means the company has set its pricing strategy non flexible, and is using a specific level of profit as an objective or goal.
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Answer:
Accumulated depreciation at the end of year 5 is $12 million
Explanation:
The relevant number of years with which to depreciate the asset is from 1 to 10, however these numbers are taking in descending in order to have more depreciation in early years and less in later years.
Years relevant weighting number
1 10
2 9
3 8
4 7
5 6
6 5
7 4
8 3
9 2
10 <u> 1</u>
Total weighting 55
The accumulated depreciation at the end of year 5 would depreciation from year 1 to year 5 calculated as shown below:
(10+9+8+7+6)/55*$16.5 million=$12 million
In other words, at the end of year $12 million would have been charged as expense to income statement.
Answer:
The overview of the given situation is described in the explanation section below.
Explanation:
(1)...
The actual exchange rate from either the viewpoint of U.S:
= 0.867
<u>Working:</u>
As per the British automobiles cost will be:
= £20,000 x $1.50/£ or $30,000
And the US car's cost compares to either the Uk car will be:
= 
= 
It demonstrates that the US car seems to be cheaper or affordable.
(2)...
From either the Uk view the actual exchange rate will be:
= 1.154
<u>Working: </u>
US automobile worth in pounds is equivalent to,
= 
= £17,333.
The Uk vehicle's price compared to the US car currently amounts to,
= 
= 
(3)...
Cars or Automobiles are competitively priced in the US.
<u>Explanation:</u>
British vehicle exceeds,
=
= compared to the U.S car.
It also means that perhaps the British car is much more costly, and as such the U.S. car becomes valued more highly competitive.
I think both, my reasons are, first, we have more technology and better transportation that will help us, like the technology to take and give to others, and the cars and trains ect. to help us to get from one place to another a bit quicker. Also i think worse because of the green house causes, the cars,oil,and other things we use in our everyday life is slowly ruining the planet, ecosystem ect. there are downsides and upsides to both.
