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
Pachacha [2.7K]
3 years ago
6

In the luxury cruise industry, the small cruise lines Tropics Inc. and Sunset Inc. merged to form TropicalSunset Inc. After the

merge, the competition between TropicalSunset Inc. and the two mega cruise lines, Pacifico and West Winds, has increased significantly. Which of the following statements best explains why this happened?
1. Competition always increases if there are only two or three mega firms competing.
2. Competitive rivalry is strongest between firms that are within the same strategic group.
3. Competition always increases when two small firms merge into a mega firm
4. Competitive rivalry is strongest between firms that service the same region
Business
1 answer:
Anarel [89]3 years ago
3 0

Answer:

2. Competitive rivalry is strongest between firms that are within the same strategic group.

Explanation:

Now, the new company is in the same strategic group (grand companies) than Pacifico and West Winds thus, they feel threatened by them. Before they were small firm so it wasn't profitable to make competitionagainst a small portion of the market. As tehe cut of the new company is bigger enough to justify this, these company's start to go into the market share of Tropical Sunset.

You might be interested in
A mandatory seatbelt law ends up raising the number of traffic fatalities if it lowers fatalities per accident from 0.10 to 0.07
kykrilka [37]

Answer: 50,000

Explanation:

The question shows that at the current number of accident per period which is 35,000, 0.1 fatalities are recorded.

If the new seat belt law reduces the fatality rate from 0.1 to 0.07, how many accidents would have to occur for the new law to match the previous fatality rate given the previous number of accidents.

Let the new number of accidents be x;

35,000 * 0.1 = 0.07 * x

3,500 = 0.07x

x = 3,500/0.07

= 50,000

At 50,000 accidents, the new law will cause the same amount of fatalities than before. Anything more than 50,000 would lead to more fatalities than before.

3 0
4 years ago
Determine the amount of cash collected on a credit sale in the amount of $4,500 and subject to a 6% sales tax when $500 worth of
fenix001 [56]
Cash collected after the return 500 of merchandise
4,500−500=4,000

Cash collected including sales tax
4,000+0.06×4,000=4,240

So the answer is 4240
4 0
3 years ago
Read 2 more answers
INCOME STATEMENT Patterson Brothers recently reported an EBITDA of $7.5 million andnet income of $2.1 million. It had $2.0 milli
VLD [36.1K]

Answer:

$ 1.75 million

Explanation:

EBITDA stands for Earnings  Before Interest, Tax, Depreciation and Amortization. Net Income is Earnings after Interest, Tax, Depreciation and Amortization.

So to find charge for depreciation and amortization we need to reconcile the EBITDA to the Net Income and find the missing figures,

<u>Reconciliation of EBITDA to the Net Income</u>

EBITDA                                                                                $7.5 million

Less Net income                                                               ($2.1 million)

Interest, Tax, Depreciation and Amortization                  $5.4 million

Less Interest expense                                                      ($2.0 million)

Less Corporate tax ($7.5 million - $2.0 million) × 30%  ($1.65 million)

Charge for depreciation and amortization                      $ 1.75 million

6 0
3 years ago
Coffer co. is analyzing two projects for the future. assume that only one project can be selected.
vladimir1956 [14]
The best and most correct answer among the choices provided by your question is the second choice.

Project x should be used i<span>f the company is using the payback period method and it requires a payback of three years or less.</span>

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!
5 0
4 years ago
Read 2 more answers
Consider an identical basket of goods in both the U.S. and Taiwan. For a given nominal exchange rate, in which case is it certai
Temka [501]

Answer: The price of the basket of goods falls in the U.S. and rises in Taiwan.

Explanation: Exchange rate is the price of a given currency when bought with another another,it is also known as the value of a currency when compared with others such as the United States Dollar. Various factors have been understood to be the cause of the rise and fall of Currency. This will include the value of a country's export and its balance of trade etc

When the price of the basket of goods falls in the United States and rises in Taiwan it will certainly cause the U.S. real exchange rate with TAIWAN to fall.

3 0
3 years ago
Read 2 more answers
Other questions:
  • If someone dies without a will, who handles the distribution of the person’s estate?
    9·1 answer
  • Bennett Co. has a potential new project that is expected to generate annual revenues of $266,600, with varlable costs of $146,00
    6·2 answers
  • Which of the following is NOT a Southwest Key safety expectation of its drivers?
    5·1 answer
  • Hr managers are using social tools to build relationships with
    13·1 answer
  • One of the benefits of a differentiated targeting strategy is that it allows the firm to diversify its business and
    14·1 answer
  • Economists disagree about how quickly the economy adjusts to an aggregate demand shock. In the view of some economists, people f
    14·1 answer
  • Perfect Clean, Inc. provides housekeeping services. The following financial data have been provided.
    8·1 answer
  • According to a recent​ study, 14% of u.s. drivers are uninsured. a random sample of seven drivers was selected. what is the prob
    7·1 answer
  • Bill Builder entered into a contract with Carl's Carpets to supply him with the carpeting he needed to complete the renovation o
    7·1 answer
  • Depreciation for Partial Periods Clifford Delivery Company purchased a new delivery truck for $36,000 on April 1, 2019. The truc
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!