In the shipbuilding industry, Polish and Chinese shipyards offer simple, standard vessel types at low prices that reflect low production costs. This represents a generic strategy related to cost focus.
<h3>What is
shipbuilding?</h3>
- Building ships and other floating vessels is known as shipbuilding.
- Typically, a shipyard, a specialized location, is where it happens.
- Shipwrights, another name for shipbuilders, practice a specialized trade that dates back to times before written history.
- Naval engineering is the term used to describe both commercial and military shipbuilding and ship maintenance.
- Boat building is a related activity that involves making boats.
<h3>What is a shipyard?</h3>
- Ships are constructed and maintained in shipyards, sometimes known as dockyards.
- These could include yachts, military ships, cruise ships, or other types of passenger or freight ships.
- Compared to shipyards, which are sometimes more involved with the original construction, dockyards are sometimes more associated with maintenance and basing activities.
- Due to the frequent role changes and mergers that have occurred as dockyards and shipyards have developed, the terms are frequently used synonymously.
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Answer:
The correct answer is option D.
Explanation:
As the price of product increases the consumers will demand less because they now have to pay more than earlier.
The supply however is directly related to price level and will increase with the increase in price. The producers will produce more in order to enjoy higher revenue and profit.
This would encourage the other potential firms to enter the market, to earn higher profits.So more suppliers will enter the market.
However, this would lead to increase in supply of output. The excess supply will cause the price to fall eliminating higher profits.
Answer:
In simple words, Asset transformation can be understood as the process of turning small denominational, instantly available, and generally riskless deposit accounts into lenders moderately risky, high denomination assets that are returned according to a specified schedule–from obligations (deposits) with distinct traits.
Income before tax is the income that is before it has been taxed or before applying deduction.
<u>Explanation:</u>
An individual or organization's salary before taxes and deductions is before tax income for that company, organisation or for a single individual.
For singular pay, it is determined as the person's wages or pay, venture and resource gratefulness, and the sum produced using some other wellspring of pay. In an organization, it is determined as incomes less costs.
The answer is b.
Strong language often means <span>strong feelings on the side of the speaker. Strong language is another way of saying vulgar or foul language, and is usually used by people who are angry.
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