Answer:
The market that characterizes the industry in which Forey competes is a market where competition is at its greatest possible level and it is a perfectly competitive market and the reason is because its returns decrease with the entering of new firms, also four-firm concentration ratio and Herfindahl Hirschman index are both quite small, so no one has significant market power to set or even influence the market price. In the short-run Forey Inc’s profit will decrease as more and more new firms enter the market and in the long-run Forey Inc will receive only normal (zero) economic profit.
Answer:
C. international strategy.
Explanation:
There are several business strategies been used different corporate to survive and grow in various business condition.
International strategy is one of the business strategies that involve the adaptation of foreign policies and selling goods and services at the International market with some local customization to the product. When a firm pursues an international strategy, the head office of the firm retains fairly tight control over marketing and product strategy. Each subsidiary of the company, which is spread all over the world has independent operations with the least interference from the parent company.
In the given case, Xerox had a monopoly on photocopier technologies as they are protected by strong patents, which is their international strategy.
It went as far as 24hrs into Harry's memory system
Answer: The answer is provided below
Explanation:
The credit score is a number used by lenders to help them decide the likelihood of an individual to repay on time if the person is granted a credit card or a loan. The higher the scores, the likelihood that the person qualifies for credit cards and loans.
A person that has a poor credit score due to the amount of debt on credit card and instalment loans can improve his or her score by paying off the debt. When an individual pays of his or her debt, the person will have an improved credit score which can be used to apply for further loans.
Furthermore, such individual can also keep his or her balances low on the credit cards. A credit card with high debts doesn't represent the individual well when applying for a loan which will lead to a negative credit score.
