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e-lub [12.9K]
3 years ago
5

To understand the competitive intensity of two industries, a business consultant conducted market concentration analysis by usin

g Hirshman-Herfindahl Index (HHI). The HHI of industry X was 0.40 and the HHI of industry Y was 0.15. Based on this calculation, the consultant concludes that industry X is _______ concentrated market than industry Y and that industry X is _______ competitive market.
Business
1 answer:
MAXImum [283]3 years ago
8 0

Answer:

4. more, more

Explanation:

Options includes: 1. less, more , 2. more, less, 3. less, less, 4. more, more

Based on this calculation, the consultant concludes that industry X is <u>more</u> concentrated market than industry Y and that industry X is <u>more</u> competitive market.

The intensity of Porter competition determines the level of competition that exists in an industry. This competition can be affected by many factors, including industry focus, replacement costs, fixed costs, and industry growth rates. The intensity of competition among competitors in a given industry refers to the extent to which companies in a given industry put pressure on each other and determine each other their profit potential. If competition is fierce, competitors are trying to steal profits and market share from each other.

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Bill's organization expects 50% of profits to be generated by products that did not exist five years ago. What is the nature of
faust18 [17]
If these are the missing choices:
A) short-term
B) risky
C) innovative
<span>D) expansionary

My answer is C. INNOVATIVE. 

Innovative is defined as an adjective that may refer to a person who introduces new ideas that are original and creative. It may also refer to a product, service, or idea that features new methods or designs that help advance our technology unlike no other. 

Since Bill's organization expected to derive a 50% profit from products that did not exist five years ago, it is safe to assume that Bill's organization was the one to innovate and launch the product. </span>
7 0
3 years ago
During the ________ era, the prevalent business philosophy turned from an emphasis on production to an emphasis on advertising a
Vilka [71]
Hello There!

<span>During the selling era, the prevalent business philosophy turned from an emphasis on production to an emphasis on advertising and selling.</span>

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8 0
2 years ago
Daniel, an entrepreneur, is planning to open a fast-food restaurant. He wants to cash in on the huge population of busy professi
Karo-lina-s [1.5K]

Answer:

the answer is none of these

8 0
3 years ago
What does it mean that stocks and bonds are relatively liquid? a. They are easier to buy and sell than other forms of investment
Ksenya-84 [330]

Answer:

The answer is A.

Explanation:

They are easier to buy and sell than other forms of investment. When they say an asset is liquid, it means it can easily be turned or converted to cash. Liquid stocks and bonds are easier to sell and buy because they will be see a buyer and seller to pay in exchange for cash.

Illiquid means they are difficult to sell and buy or they are difficult to be converted to cash

8 0
3 years ago
Read 2 more answers
If "consumers were to decrease their saving for retirement and businesses" were to decrease borrowing for new plants and machine
emmasim [6.3K]

Answer: The supply of the loan able funds would decrease and so would it demand. It will also decrease.

<u>Explanation:</u>

With the decrease in the saving for the retirement purposes, the demand of the consumers would decrease for loan able funds. If the businesses also decrease the savings for new plant and machinery, it would decrease their demand for loan able funds.

Because of the decrease in the demand, the supply of the loan able funds will also decrease. But the effect of this on the real interest rates can not be said to be in a certain manner. It is uncertain.

7 0
2 years ago
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