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Travka [436]
3 years ago
8

Ancho Corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel-based cars. The company real

izes that more of its potential customers are switching to electric cars. The R&D department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. In this scenario, Ancho is primarily
A) leveraging new core competencies to improve current market position.B) redeploying existing core competencies to compete in future markets.C) unlearning existing core competencies to create and compete in markets of the future.D) building new core competencies to protect and extend current market position.
Business
1 answer:
trasher [3.6K]3 years ago
8 0

Answer:

A) leveraging new core competencies to improve current market position.

Explanation:

As is given in the scenario, the people that the company Ancho is trying to get are <em>potential customers</em> rather than existing, hence they cannot be said to be building new core competencies <em>to protect and extend current market position</em>. That would have been the case if they were trying to keep those that were already customers to the company.

Ancho cannot also be said to be <em>redeploying existing core competencies to compete in future markets </em>because they are actually acquiring new competencies in electric car manufacturing which was not their original line of business.

There is also no case of <em>unlearning existing core competencies </em>because Anchor has deployed existing competencies in developing a hybrid car rather than just an electric one.

Hence Anchor is trying to get new customers while keeping the old ones and has made a car that will appeal to both existing and potential customers to improve current market position.

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Acme Enterprises began the new year owing its suppliers $3,000 for merchandise purchased last year. Acme then sold half of this
Sedaia [141]

Answer:

Acme's current balance of accounts payable is $6000

Explanation:

The closing balance of accounts payable can be calculated using the opening balance and adjusting the changes during the period to the opening balance.

The closing balance can thus be calculated as:

Closing balance = Opening balance + Credit purchases - Payment to Accounts payable

Closing balance = 3000 + 4000 - 1000

Closing balance = $6000

8 0
3 years ago
if you do not pay the entire credit card bill you are charged a FLAT FEE or an INTEREST on the unpaid part?
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You are charged with flat fee
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3 years ago
What would you say is the key difference between a nft and an art print?.
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NFT art differs from traditional art in that it is entirely digital and can only exist in digital wallets on a specific blockchain. An art print, on the other hand, is an image on paper that does not exist on the digital wallets.

<h3>What is NFT?</h3>

A non-fungible token (NFT) is a non-transferable data unit that may be sold and traded on a blockchain, which is a sort of digital ledger.

Cryptocurrencies and physical money are both "fungible," meaning they may be traded or exchanged for one another.

In fact, anyone can make an NFT and sell it on a marketplace for NFTs.

Thus, NFT is the digital wallets and art print is the non digital wallet

For further details about NFT, click here:

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3 0
2 years ago
a1. Lobo Company purchased equipment for $40,000 with a useful life of five years and no expected salvage value. Prepare the adj
Pavel [41]

Answer:

a1. Dr Depreciation Expense $8,000

Cr Accumulated Depreciation $8,000

a2. $24,000

b2. December 31

Dr Wages Expenses $440

Cr Wages payable $440

Explanation:

a1. Preparation of the adjusting entry for the first year using the straight-line depreciation method.

Dr Depreciation Expense $8,000

Cr Accumulated Depreciation $8,000

($40,000/5 years)

a2. Computation of the book value at the end of the second year of the equipment's life.

First step is to calculate the First year Book value

First year Book value=$40,000/5 years

First year Book value=$8,000

Second step is to calculate the Second year Book value

Second year Book value=($40,000+$40,000)/5 years

Second year Book value=$80,000/5 years

Second year Book value=$16,000

Now let compute the book value at the end of the second year of the equipment's life.

Book value at the end of the second year=$8,000+$16,000

Book value at the end of the second year=$24,000

Therefore the Book value at the end of the second year will be $24,000

b1. Preparation of the adjusting entry on December 31

December 31

Dr Wages Expenses $440

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Yuri [45]

The information about the question is incomplete, hence the general answer. It is to be noted that the question is about Gantt Charts.

<h3>What is a Gantt Chart?</h3>

A Gantt Chart is a two-dimensional representation of a project showing the volume of work to be done, how the work is broken down into various parts, how long each part will take, those responsible for each part of the project, and even where each project overlaps.

Gantt chart (sample attached) is very crucial for Project Management. The goal of using a Gantt chart is to ensure that the project is completed on or before the scheduled time in order to prevent losses.

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