purchasing suppliers <span> is an example of vertical integration</span>
Answer:
The question is missing the options as given below:
A. mission statement
B. belief statement
C. goals pact
D. code of ethics
E. management pledge
The correct option is A,mission statement
Explanation:
The mission statement shows in summary form the vision,core values as well as statement of goals and objectives of an establishment.
Building the best product is the prioritized goal of Patagonia,since having the best product places it in the forefront in terms brand recognition,hence increased sales.
Core value here is ensuring no unnecessary harm is caused by way of injuries sustained in the course of pursuing its objectives.This implies that Patagonia is responsible corporate citizen in the area of complying with best practice in safety procedures.
The vision of the company is to implement solutions to environmental challenges through business inspiration.
Answer:
$3,529.51
Explanation:
Future value = $120,000
N = 18
i = 7%
Future value = Annual savings * [(1 + Interest rate)^Years - 1] / Interest rate
Future value = Annual savings * [(1 + 0.07)^18 - 1 / 0.07]
Annual savings = $120,000 / [(1 + 0.07)^18 - 1 / 0.07]
Annual savings = $120,000 / 2.37993227573 / 0.07
Annual savings = $120,000 / 33.99903251042857
Annual savings = $3529.512199007199
Annual savings = $3,529.51
Therefore, the annual savings is $3,529.51
Answer:
Yes, Dealer could collect damages from GM because basically GM breached the contract. Any time a contract is breached, the non-breaching party can sue. But the real question here is what amount could the court assign to Dealer as compensation for damages incurred. If you want to rephrase this question, it would be: What damages did Dealer suffer due to GM's breach.
If the damages are not significant, then the court will probably assign some amount for nominal damages. To be honest, the greatest expenses here are actually the legal costs of the lawsuit. Unless Dealer can prove that assigning the contract actually hurt them (which I doubt), then the court will assign a small amount. Sometimes nominal damages can be very small and mostly symbolic, e.g. $1.
<h2>Independently owned and operated high-street stores and restaurants is an example of monopolistic competition.</h2>
Explanation:
The model of monopolistic competition describes a common market structure in which firms have many competitors, but each one sells a slightly different product.
- Clothing industry- Marketing and branding is the main separator between different evidently similar black shirts.
- The fast-food industry- where a burger made by McDonald’s is quite similar to a burger made by Burger King, though consumers usually have a preference between the two chains.
- Independently owned and operated high-street stores and restaurants- In the case of restaurants, each one offers something different and possesses an element of uniqueness, but all are essentially competing for the same customers.