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4 years ago

"Economists use the term imperfect competition to describe all industries that:

Business

1 answer:

inessss [21]4 years ago

7 0

Answer:

those markets that are not purely competitive.those markets that are not purely competitive.

Explanation:

"Economists use the term imperfect competition to describe all industries that are not purely competitive.<em> Economists use all these types of industries as imperfect competitive industries because of the following reasons:</em><em>- </em>

1. Every company sells different products on the market.

2. Every company set their own individual prices,

3. The companies often protected by barriers to entry and exit etc.

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With respect to the six stages of a quality life cycle, the implementation stage of a new quality initiative is called:_____.

Georgia [21]

With respect to the six stages of a quality life cycle, the implementation stage of a new quality initiative is called adoption.

What is life cycle?

The term life cycle refers to the life are the passes on the different stages such as baby, kids, children, teenager, adult, young, and the last is the old there are the different phases of the life.

There are the six stages of the quality life cycle are the adoption, regeneration, energizing, maturation, limitation, or stagnation and decline. The adoption is the implementation stage of a new quality initiative.

As a result, the quality life cycle is the adoption.

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1 year ago

In 2012, former Chief Financial Officer (CFO), Jennifer Cue, returned to Jones Soda as Chief Executive Officer, with a mandate t

Dvinal [7]

Part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust reseller market.

<h3>What is the B2B partnership?</h3>

A B2B partnership is a collaboration between two or more businesses with the aim of creating a win-win situation that will sustain growth and provide substantial value to all parties.
This might take the form of opportunities for product development, marketing, or general corporate growth.

<h3>What is the reseller market?</h3>

The market is made up of wholesalers and merchants that purchase goods to resell.
A reseller purchases goods with the intention of reselling them for a profit later.
Since resellers buy products and services in bulk from suppliers, they frequently get deals.
Then, through the process of resale, resellers establish a connection between producers and customers, delivering goods and services to customers.
These include supermarkets, department stores, and specialist shops like those that provide pet supplies or home improvement products.

Therefore, part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust reseller market.

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2 years ago

Keynesian economics argues for the use of _____ policy to stabilize the economy.

slavikrds [6]

Answer:

Keynesian economics argues for the use of active government policy to stabilize the economy.

Explanation:

In order to alleviate or avert economic recessions, Keynesian economics places a strong emphasis on the employment of proactive government policy to control aggregate demand. Keynes contended that lengthy periods of high unemployment might result from a lack of general demand. Consumption, investment, government purchases, and net exports are the aggregate of four factors that determine an economy's amount of goods and services.

8 0

2 years ago

To get to a remote village, you have to cross a wooden bridge that spans a deep chasm. concerned about the structural integrity

Gnoma [55]

Answer:

B) accept no unnecessary risk

Explanation:

Operational risk management (ORM) clearly states that you should only accept risk when benefits outweigh the cost. ORM was developed by the US Department of Defense in order to reduce operational risk. Operational risk is usually not contemplated by traditional management since the risk of being murdered and utterly destroyed is not common for civilians, but is a constant risk during military operations.

The four basic principles of ORM include:

Accept risk when benefits outweigh the cost.
Accept no unnecessary risk: in this case, trying to cross the river using an unstable and poorly built bridge is an unnecessary risk.
Anticipate and manage risk by planning.
Make risk decisions in the right time at the right level.

3 0

4 years ago

On 1 January 2010 The Happy Haddock Angling Club had the following assets:

ehidna [41]

The preparation of an income and expenditure account for the year ended December 31, 2010, for The Happy Haddock Angling Club is as follows:

The Happy Haddock Angling Club

<h3>Income and Expenditure Account</h3>

For the year ended December 31, 2010

Snack bar income Rm 6,000

Cost of snacks 3,650

Gross profit from bar 2,350

Snack bar expense 600

Snack bar operating income 1,750

Other expenses:

Rent and rates Rm1,500

Secretarial expenses 240

Interest on loan 260 2,000

Net loss Rm 250

<h3>What is an income and expenditure account?</h3>

An income and expenditure account is the income statement prepared by non-trading entities to determine the surplus or deficit of income over expenditures for a period.

<h3>Data and Calculations:</h3>

Cash at bank Rm 200

Snack bar inventory 800

Clubhouse buildings 12,500

Equity = Rm 13,500 (Rm 200 + 800 + 12,500)

<h3>Cash Account:</h3>

Receipts: Payments:

Subscriptions 2010 Rm3,500 Rent and rates Rm1,500

Subscriptions 2011 380 Extension to dub house 8,000

Snack bar income 6,000 Snack bar purchases 3,750

Visitors' fees 650 Secretarial expenses 240

Loan from bank 5,500 Interest on loan 260

Competition fees 820 Snack bar expense 600

Games equipment 2,000

Balance c/d 500

16,850 16,850

Notes:

The snack bar inventory on 31 December 2010 was RM900

The Games equipment should be depreciated by 20%.

<h3>Cost of Snacks Bar Sales:</h3>

Snack bar inventory 800

Snack bar purchases 3,750

Total snack bar available = Rm 4,550

Snack bar ending inventory Rm 900

Cost of snacks sold = Rm3,650

Games Equipment Depreciation = Rm 400 ( Rm 2,000 x 20%)

Rent and rates Rm1,500

Secretarial expenses 240

Interest on loan 260

Snack bar expense 600

Snack bar income 6,000

Subscriptions 2010 Rm3,500

Visitors' fees 650

Competition fees 820

Learn more about preparing an income and expenditure account at brainly.com/question/24498019

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3 0

2 years ago