Answer:
C. it will sell its products only to people who agree to buy only from it and not from rival firms.
Explanation:
Generally, any business can choose its business partners. But, under certain circumstances, there are limits on this freedom for a firm with a big market power.
There is an attempting to define those limited situations when this kinds of firm may violate antitrust law:
- The first option is that it violate the antitrust law by refusing to do business with other firms, or do business but under certain requisites. The key here is how the refusal to deal helps the monopolist maintain its empire, or allows the monopolist make an strategy where its monopoly is use in another market to attempt to monopolize other market.
- They can also refuse to deal with customers or suppliers, what cause the effect of preventing them from dealing with a rival: "If you deal with my competitor, I refuse to deal with you."
- Also, regarding to a firm dealing with its competitors, if the monopolist refuses to sell a product or service to a competitor and it makes it available to others, or if the monopolist has done business with the competitor and then stops, then the monopolist needs a legitimate business reason for its actions.
Answer:
the yellow fever outbreak
Explanation:
when yellow fever hit everyone wanted to leave to not get sick so people upped prices because of the shift in the desire to leave making it more valuable so people would spend more then usual because of the worth they get out of it
Answer:
$60,000
Explanation:
The computation of the direct material used is shown below:
= Beginning raw material inventory + purchase of raw material - ending raw material inventory
= $16,600 + $61,400 - $18,000
= $60,000
This is the right answer but the same is not provided in the given options
Answer:
The managing director has the nominal power but he is a paper tiger, and it is his assistant who actually runs the company.
Answer:
Yes, a sales representative can translate his skills into being a buyer
Explanation:
A sales representative is one who completes a sale of a product in a direct or face to face interaction with the buyer.
Skills of a good sales representative includes:
1. Product knowledge
2. Strategic prospecting skills
3. Active listening
4. Communication
5. Good time management
A sales representative can convert all these skills listed above into becoming a better judge of a product as a buyer and in relation with other sales representatives.
One of the challenging thing about the shift would be the ability to trust another sales representative's words about a product or service.
The skill that would translate seamlessly would be product knowledge because if a sales rep already have a good knowledge of a product before it would greatly enhance his choices when choosing one for himself.