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Keith_Richards [23]
3 years ago
8

BuyMart Inc. is a large chain of hypermarkets. It has cost benefits due to its extensive operation. The company's marketing and

sales, logistics, administrative, and other such related costs are spread over a large number of product units stocked in its stores. This makes it difficult for smaller retail stores and supermarkets to compete against BuyMart's low prices. Thus, BuyMart has a competitive advantage due to its____________
Business
1 answer:
Juliette [100K]3 years ago
5 0

Answer:

economies of scale.

Explanation:

Economies of scale -

It refers to the edge over the cost of the company , which is due to the very efficient production rate , is refer to as economies of scale .

Economies of scale can be both external and internal .

This process can be done by increasing the production of the goods and services , and thereby reducing the overall cost of the product , and more number of consumers will try to grab the product , and hence ,

The profit of the company will increasers .

Hence , from the given scenario of the question ,

The correct answer is economies of scale .

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Today, sandra will present a report to her class on the top ten income-producing countries in the world. most of the countries t
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<span>The world’s richest countries are mostly found in Europe. Therefore Sandra will be presenting most of the countries located in <u>“Europe”</u>.</span>

<span>One possible factor why Europe is so rich is because of the numerous wars it encountered.  Aside from the wealth obtained in the conquest, wars also lead to advancement in technology. </span>

3 0
3 years ago
What is always true about trial balance reports? (You may select more than one answer. Single click the box with the question ma
Keith_Richards [23]

Answer:

The correct answers are letters "A", "C" and "D": All accounts with balances are included in the report; The report is prepared for a range of dates; The total of the debit column must equal the total of the credit column.

Explanation:

A Trial Balance is a worksheet detailing the debit and credit balances of all the accounts for the company. According to accounting theory, the sum of all debits will be the sum of all credits for a given period. Relevant accounting activity of previous periods can be included. Since the trial balance is a list of all accounts, it acts as a test of accuracy.

8 0
3 years ago
When a student is given two seemingly different problems to solve, but the problems have the same underlying logical requirement
zysi [14]

The correct answer is the salience of surface similarities. The salience of surface similarities are likely to focus more on the surface level properties by which they are likely to be opposed to the underlying principles that are being shared.

7 0
3 years ago
At Zooey’s elementary school, children are not allowed to trade lunches or components of their lunches with other students. Lunc
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Answer: c. preventing a market that would generate mutually beneficial trades.

Explanation:

Zooey could argue that the policy of lunch trades is preventing a market that would generate mutually beneficial trades because if people were allowed to trade what they want for what they have with people who have what the first person wants and wants what the first person has, that can be beneficial to both of them.

It is not unlike the system of batter trading that existed before money where people traded what they had for what they wanted.

One should be very careful here though because there are multiple disadvantages involved such as kids exchanging away more nutritious food and food poisoning.

5 0
3 years ago
Rochelle, the CEO of a Fortune 500 company, met with business leaders fromthe local community. Afterwards, she spent time inform
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Option D

leadership figurehead managerial role was Rochelle playing

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Figurehead belongs to a character with meaningless leadership of industry but no exact power. The word figurehead is a personality with the trappings of control but not its practice.

Figurehead – As an administrator, have convivial, ritual and constitutional duties. That personality is presumed to be an origin of notion. Characters view to that one as a character with power, and as a figurehead. Figureheads steward their trios. If one requires to change or create trust in this section, begin with perception, performance, and reliability.

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