1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Delicious77 [7]
3 years ago
14

Wal-Mart was one of the most successful firms of the 1970s and 1980s. Much of Wal-Mart's success can be credited to its expansio

n strategy: they rushed to open the first discount store in small towns that could only support one discount store. In the language of game theory Select one:
a. Wal-Mart was a dominant firm
b. Wal-Mart made empty threats
c. Wal-Mart employed a maximin strategy
d. Wal-Mart employed a preemptive strategy
Business
1 answer:
enyata [817]3 years ago
8 0

Answer:

The correct answer is letter "D": Wal-Mart employed a preemptive strategy.

Explanation:

Game Theory is a branch of Economy that studies the decisions in which an individual could succeed if he or she takes into account the decisions of the rest of the participants involved in the event. Game Theory has also been applied for subjects such as <em>Mathematics, Managements, Psychology </em>or <em>even Biology. </em>

In the game theory, the Preemptive Strategy is implemented when individuals take a step before other participants in an attempt of having a favorable outcome of the situation. They lead the event using creativity. Thus, <em>Wal-Mart used the preemptive strategy by opening stores in small towns that supported only one discount store.</em>

You might be interested in
Consider a hypothetical closed economy in which households spend $0.70 of each additional dollar they earn and save the remainin
MAVERICK [17]

(a) Marginal propensity to consume (MPC) = 0.7

(b) Multiplier of this economy:

     = 3.33

(c) Decrease government purchases by $300 billion,

Initial change in consumption = Change in government purchases × MPC

                                                 = $300 × 0.7

                                                 = -$210 billion

(d) This decreases income yet again, causing a second change in consumption equal to:

= Initial change in consumption × MPC

= -$210 × 0.7

= -$147 billion

(e) The total change in demand resulting from the initial change in government spending is:

= Change in government purchases × Multiplier

= $300 × 3.33

= -$1 trillion

6 0
3 years ago
Rockville Enterprises manufactures woodworking equipment and is incorporated and based in Evansville, Indiana. All of itsreal pr
mario62 [17]

Answer:

In the modern situation of Rockville Enterprises, it is producing wood functioning tools and situated in Evansville, following are the description whether Rockville Enterprise is a defensive commotion in non-ordinary conditions or not.

A)  - Yes. All form of marketing is deliberated as secure action. As these marketing is revealed in all country.

B) - No. Inspection credit value of consumers is not secure action underneath the public regulation 86-272

C) - Yes. Sustaining a stand at a business exhibition in Arizona for 14 days is measured as secure action under the public regulation 86-272

D) - Yes. Inspection record is secure action underneath the public regulation 86-272

E)  - No. Organizing administration meeting is not a secure action. Conversely. Organizing individual meeting is measured as secure action.

3 0
3 years ago
Roberta transfers property with a tax basis of $495 and a fair market value of $546 to a corporation in exchange for stock with
Volgvan

Answer: $546

Explanation:

The amount realized by Roberta in the exchange will be gotten through the addition of the fair value of the stock that was acquired to the liability that's assumed by the corporation. This will be:

Fair value of stock acquired = $356

Add: Liability assumed by corporation = $190

Amount realised = $356 + $190 = $546

5 0
3 years ago
Sarah is a 50 percent partner in the SF Partnership and has an outside basis of $56,000 at the end of the year prior to any dist
Vikentia [17]

Answer:

A. $0 gain, $36,000 basis

Explanation:

In the distribution, from the information given, Sarah does not recognize any gain or loss.

However, given that

She had $56000 basis at end of year prior to distribution.

Then receives $20000 from distribution after reallocating her basis in SF to cash in amount equal to distribution

Therefore,

Her basis left = 56000 - 20000

= $36000

3 0
3 years ago
Read 2 more answers
Cosi Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Cosi expects to incu
fenix001 [56]

Answer:

156.6%

Explanation:

Given:

Cosi Company's Incurred over head for the next period = $830,000

Expected labor hours = 53,000

Cost of labor = $10.00 per hour

Thus,

Total labor cost = 53,000 × $10.00 = $530,000

Now,

the Cosi Company's predetermined overhead rate will be calculated as:

Predetermined overhead rate =  Incurred overhead / Total labor cost

on substituting the respective values, we get

Predetermined overhead rate = ( $830,000 / 530,000 ) = 1.566

or

Predetermined overhead rate = 1.566 × 100% = 156.6%

4 0
3 years ago
Other questions:
  • The primary purpose of the life insurance replacement regulation is to protect the
    14·1 answer
  • A long-time expert in your field who will guide and advise you in your start-up phase is called a/an
    6·2 answers
  • Which photo Grapher is famous for his or her work at Yosemite national park?
    11·2 answers
  • Is the coffee market growing or shrinking and why
    6·1 answer
  • After a customer buys a computer or receives service from Top Computers and Service, a service representative contacts each cust
    7·1 answer
  • A description of the good or service, an assessment of the opportunity, an assessment of the entrepreneur, specification of acti
    8·1 answer
  • g Which of the following is true? Partial equilibrium analysis will:3)A)understate the impact of a tax for complements and overs
    11·1 answer
  • Torche Corporation Balance Sheet As of March 11, 2020 (amounts in thousands) Cash 14,700 Accounts Payable 2,400 Accounts Receiva
    5·1 answer
  • Select the correct answer. What is the standard lettering height of lowercase letters when used in combination with uppercase le
    7·1 answer
  • a business wants to evaluate how much they're spending on their customers, versus how much their customers go on to spend. if th
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!