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3 years ago

Competition happens when two or more businesses

Business

1 answer:

g100num [7]3 years ago

5 0

Answer:

fight for the same benefit or gain

Explanation:

For example, if there are two firms in an industry. The goal of the two firms would be to maximise profit. To achieve this, the two firms would engage in various competitions in order to attract customers.

For example, they may differentiate their products or give discounts in order to attract customers and so increase profits

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Bill Mitselfik has purchased a bond that was issued by Acme Chemical. This bond has a face value of $1,000 and pays a dividend o

kramer

Answer:

$1,068.02

Explanation:

For computing the selling price of the bond we need to use the Future value formula or function i.e to be shown in the attachment below:

Given that,

Present value = $1,000

Rate of interest = 10% ÷ 2 = 5%

NPER = 3 years × 2 = 6 years

PMT = $1,000 × 8% ÷ 2 = $40

The formula is shown below:

= FV(Rate;NPER;PMT;-PV;type)

The present value comes in negative

So, after applying the above formula, the selling price of the bond is $1,068.02

7 0

3 years ago

The fed is often considered the bankers' bank because it:

miss Akunina [59]

Hello there,
[]_________________________________________________________[]

First of all this is a easy one! The "Federal Reserve" is considered the bankers' bank because it <span>holds bankers reserves, provides banks with currency and loans, and clears their checks. Therefore cannot be touched by civilians / citizens.
[]_________________________________________________________[]

Hope I was able to help!
[Mark Brainliest] - Certified Correct?</span>

3 0

3 years ago

Suggest and critically discuss a model that helps managers to decide to adopt an offensive or defensive route. Support your answ

Artist 52 [7]

Answer:

Please find the complete question in the attached file.

Explanation:

In order to study the impact on five forces and thereby decipher an offensive or defense strategy to stay competitive and maintained, management must employ a prototyping approach as Porters 5 Headed framework. Samsung, for example, should adopt a great combination because of its subsequent globalization.

Providers' bargaining power — In this industry, several companies offer low-cost services, which indicates the suppliers have much less bargaining energy.

Consumers' trading strength - Since Hyundai either works in a totally competitive environment or an oligopolistic marketplace across the globe.

The threat of new entries – The risk is significantly greater because new entries from low-cost China carriers can eat Samsung share since they are tax- and licensing-friendly.

The danger of competing among established businesses - That's also relatively significant because profits are thin and innovative developments are continually making the industry as a whole and tough.

Barriers to business – The biggest barriers are an initial investment, high marketing, and distribution expenses, and constant innovation.

6 0

2 years ago

If a competitive firm can sell a bushel of soybeans for $25 and it has an average variable cost of $24 per bushel and the margin

Liula [17]

Answer: reduce output.

Explanation:

In a competitive market, firms do not have control over the price that they sell their goods in the market but they do have control over their costs. It is recommended to produce/ sell goods at a quantity where Marginal Revenue will equal Marginal cost (MR = MC).

In a Competitive Market, Price is the same as Marginal revenue which means that Marginal revenue here is $25 and the Marginal Cost is $26. At this quantity of output, the Marginal Cost is larger than the Marginal revenue.

Company should therefore reduce output to a quantity where Marginal Cost will equal Marginal revenue.

6 0

2 years ago

Tracy is thinking of marketing a new energy drink. Her target market will be parents of young children who need an energy boost

lorasvet [3.4K]

Answer:

The correct answer is Generalizability.

Explanation:

The generalizability theory (theory G) allows to measure the reliability of a test by quantifying the importance of each of its sources of variability. The error is redefined, as a condition or facet of measurement, using the generalizability coefficient as a measure to estimate reliability. This approach does not contradict the fundamental approaches of the classical theory of tests, but can be seen as an extension of it.

7 0

3 years ago