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Eduardwww [97]
4 years ago
15

When some consumers see the marketing mixes being offered by various firms as being different, but other consumers consider thes

e alternatives to be close substitutes for each other, the competitive situation is described as________________.
Business
1 answer:
kaheart [24]4 years ago
6 0

Answer: Monopolistic competition

Explanation:

 The monopolistic competition is one of the imperfect competition in the industry where the different types of products and the services are offered in the market but it is not perfectly substituted.

 According to the question, the given situation best describe about the monopolistic competition in which the different organization offer the marketing mix.

The customers see that marketing at very different level and they also control the monopoly by their own specific target in the market.    

Therefore, Monopolistic competition is the correct answer.  

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Rey Pfeffer and Robert Sutton believed that evidence-based management is founded on the belief that facing the hard facts about
Oksana_A [137]

Answer: True

Explanation: According to Rey Pfeffer and Robert Sutton, they both advocated that  companies can bolster performance and trump the competition through evidence-based management, an approach to decision making and action that is driven by hard facts rather than half-truths, too much ride on gut instinct or intuition, acting without questioning, beliefs, ideologies, and popular fashions of management practices

listed below are the financial and organizational impact on business and how to overcome barriers to evidence-based management in various organizations:

1. Work is fundamentally different than the rest of life

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3. Financial incentives drive company performance

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3 years ago
After the first night of her three-night stay, ms. welk complained about the noise from the lounge on the floor below her room.
kumpel [21]

This transaction is called account allowance. Account allowance includes two kinds of transactions – to reduce in the folio balance compensation for poor service and the other one is to correct posting mistakes after the close of business. This kind of transaction is recognized by the usage of an allowance voucher, allowance vouchers are typically necessitate management endorsement.

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4 years ago
Procter & Gamble is a multinational corporation that manufactures and markets many household products. Last year, sales for
Stolb23 [73]

Procter & Gamble is a multinational corporation that manufactures and markets many household products  is our goal is to use every opportunity we have no matter how small to set change in motion. To be a force for good and a force for growth. Compute Procter & Gamble's receivable turnover ratio and its inventory turnover ratio.

         

Ans.1a Account receivables turnover ratio  =  Net credit sales / Average trade receivables  

   74756 / 6447      

   11.60 times      

         

 *Net credit sales  =  Total sales * 90%      

 83062 * 90%        

 74756        

         

 *Average receivables  =  (Beginning receivables + Ending receivables / 2    

   (6508 + 6386) / 2      

   6447      

         

Ans.1b Inventory turnover ratio   =    Cost of goods sold / Average inventory    

   42362 / 6834      

   6.20 times      

         

 Cost of goods sold  =  Total sales - Gross profit      

   83062 - (83062 * 49%)    

   42362      

         

 *Average inventory  =  (Beginning inventory + Ending inventory) / 2    

   (6909 + 6759) / 2      

   6834      

         

Ans.2a Days' sales in accounts receivables  =  No. of days in year / Receivables turnover ratio  

     365 / 11.60    

     31.47 days    

         

Ans.2b Days' sales in inventory  =  No. of days in year / Inventory turnover ratio    

   365 / 6.20      

   58.87 days

Learn more about  turnover ratio here

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3 0
2 years ago
What is the Dodd-Frank act do?
drek231 [11]
<span>A.prevents, detects, and prosecutes international
money laundering</span>
5 0
4 years ago
Which of the following explains why a recipe is considered an algorithm?
Len [333]

Answer:

the dish created by a recipe is the same each time it is followed properly

Explanation:

6 0
4 years ago
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