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Scilla [17]
3 years ago
15

The telecom industry in the country of Andalus is an industry characterized by the presence of strong network effects, high bran

d loyalty, high economies of scale, and proprietary technology among incumbent firms. Thus, in the telecom industry, the:______
A) threat of substitutes is most likely high.
B) threat of new entrants is most likely low.
C) bargaining power of buyers is most likely low.
D) entry barriers are most likely non-existent.
Business
2 answers:
zhenek [66]3 years ago
7 0

Answer:

B) threat of new entrants is most likely low.

Explanation:

We could classify the telecom industry in Andalus (or any other country) as an oligopoly, where only a handful of firms control the entire market. As any oligopoly, the threat of new entrants is relatively low because of the high investment required and economies of scale achieved by existing firms.

Also, the bargaining power of suppliers is extremely large, and disproportionate compared to the buying power of customers. Only steep competition among telecom companies levels the field. That is why governments generally regulate telecom markets. for example, in some places the user is the owner of the phone number, so they do not have to be stuck with a company just to keep their old number.

scoundrel [369]3 years ago
6 0

Answer:

The answer is B.

Explanation:

In the telecom industry, the threat of new entrants is most likely low. Why? - Because:

1. High brand loyalty meaning that the existing customers are unlikely to switch to any competitors be it existing or potential. This will discourage any new entrant.

2. High economies of scale. They are enjoying low cost of inputs with high outputs. New entrants will find it difficult initially to produce at low cost. This will also discourage new entrants.

Also, the presence of strong network effects and proprietary technology among the existing firms will deter new entrants.

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Good designs offer users as many alternatives as possible <br> a. True <br> b. False
Arada [10]
The answer to is
b. False

Good designs or more specifically, good designers should prepare multiple design choices that users can choose from. People have different tastes and sense of style. A designer should not impose his own preference and provide different perspectives for the users.<span />
3 0
3 years ago
Costs of Acquiring Fixed Assets
Zepler [3.9K]

Answer:

The answer is given below:

Explanation:

a.

1.Yes

2.Yes

3.Yes

4.Yes

5.Yes

6. Yes

b.

7.No

8.Yes

9.Yes

10.No

11.No

12.No

As a rule of thumb,those costs which increase the value or useful life of asset should be capitalized where as those costs that are incurred to maintain the usage of asset are revenue expenditure and should be charged to income statement not the asset.

8 0
3 years ago
Read 2 more answers
The Fair Credit Reporting Act, or Title VI of the Consumer Credit Protection Act of 1968, requires that lenders do all of the fo
antiseptic1488 [7]

Answer:

Give consumers copies of their credit reports.

Explanation:

In Business, credit can be defined as money or a loan facility agreed upon by a lender and a borrower, who is obligated to repay the lender at a specified date mostly with interest depending on the terms and conditions.

The Fair Credit Reporting Act, or Title VI of the Consumer Credit Protection Act of 1968 is a federal law of the United States of America that was enacted by the 91st US Congress and signed into law by President Richard Nixon on the 26th of October, 1970.

The main purpose of this federal law is to protect consumer reports and information by promoting accuracy, fairness, and privacy collected by consumer reporting agencies.

However, the Fair Credit Reporting Act, or Title VI of the Consumer Credit Protection Act of 1968, do not require that lenders give consumers copies of their credit reports.

7 0
3 years ago
Pension plan assets were $1,200 million at the beginning of the year and $1,252 million at the end of the year. At the end of th
FromTheMoon [43]

Answer: 4%

Explanation:

From the question, we are informed that Pension plan assets were $1,200 million at the beginning of the year and $1,252 million at the end of the year and that at the end of the year, retiree benefits paid by the trustee were $28 million and cash invested in the pension fund was $32 million.

Based on the above scenario, the percentage rate of return on plan assets goes thus:

Opening balance of plan assets 1200

Add:- Actual return = 48

Add:- contributions = 32

Less :- retiree benefits = -28

Closing balance of plan assets = 1252

It should be noted that the actual return is the balancing figure which is calculated as:

= 1252 + 28 - 1200 - 32

= 48

The percentage rate of return on plan assets will now be:

= 48/1200

=0.04

= 4%

4 0
3 years ago
Data related to the inventories of Alpine Ski Equipment and Supplies is presented below: Skis Boots Apparel Supplies Selling pri
natta225 [31]

Answer:

inventory value=$ 377,000.00  

Explanation:

In applying the rule of the lower cost of cost or net realizable value,we compare NRV(selling price minus cost to sell) with the replacement cost(current price), where the lower of the two is then compared against the original cost of the inventory item as done in the attached.

Value of inventory=$120,000+$126,000+$90,000+$41,000=$377,000.00  

 

Download xlsx
8 0
3 years ago
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