All categories

3 years ago

Almost 80% of business owners are clueless about the competition, resulting in

Business

1 answer:

Lesechka [4]3 years ago

6 0

Answer:

The correct answer would be lost market share and customers.

Explanation:

When companies start their business and their business starts to boom, they usually get busy in making their products better and better and usually forget to keep an active eye on the competition they have in the markets. Almost 80% of the business owners are clueless about the competition. Due to this negligence, companies start to loose their market share as well as the customers, because they don't have idea about what their competitors have introduced in the market and what strategies they have used to compete in the market.

You might be interested in

Overton Company has gathered the following information. Units in beginning work in process 21,400 Units started into production

Sindrei [870]

Answer:

Equivalent Units of Production for Material = 226,700

Euqivalent Units of Production for Conversion = 216,700

Explanation:

The question is to Compute equivalent units of production for máterials and for conversion costs.

First, it should be noted that the Weighted Average Method will be employed as follows

Description Units %Mate. Equiv. Mat. % Conven Equiv. Conv

Completed & Transf. 201,700 100% 201,700 100% 201,700

Ending Work in Prog. 25,000 100% 25,000 60% 15,000

Equivalent. Produc. 226,700 216,700

Note: To determine the Equivalent material of 201,700 above is as follows

Opening Work in Progress + Units Started into Production - Ending Work in Progress

= 21,400+ 205,300 - 25,000 = 201,700 units

4 0

2 years ago

Skipping a credit card payment once or twice a year will not hurt my credit

oee [108]

It will hurt your credit on the long run

8 0

3 years ago

The semiconductor business of the California Microtech Corporation qualifies as a component of the entity according to GAAP. The

Mazyrski [523]

Answer:

$1,650,000

Explanation:

Preparation of the lower portion of the 2021 income statement .

2021 Income from continuing operations before income taxes5,800,000

Income tax expense(1,450,000)

($5,800,000 × 25 %)

Income from continuing operations4,350,000

Discontinued operations:

Loss from operations of discontinued component(3,600,000)

Income tax benefit 900,000

(25*3,600,000)

Loss on discontinued operations(2,700,000)

Net income$1,650,000

(4,350,000-2,700,000)

Therefore the the lower portion of the 2021 income statement is $1,650,000

5 0

2 years ago

The probability of incurring bankruptcy increases as a firm's debt/equity ratio decreases. false true

anyanavicka [17]

The probability of incurring bankruptcy increases as a firm's debt/equity ratio decreases.

FALSE

6 0

2 years ago

When a seller advertises goods for sale on a web site, that seller is making an offer to potential buyers.

Stels [109]

I believe that the answer is true.

7 0

3 years ago

Read 2 more answers