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Elan Coil [88]
3 years ago
8

Goods or services in standard-cycle markets reflect: a. numerous first-mover advantages. b. organizations that serve a mass mark

et. c. an inability to sustain a competitive advantage except for brief periods of time. d. competitive advantages that are shielded from imitation.
Business
1 answer:
kogti [31]3 years ago
5 0

Answer:

Option b.

Explanation:

In standard cycle, competitive actions are designed to serve large market shares, to gain customer loyalty and to control the firm's operations which in turn provide the same positive experience to customers.

Goods or services in standard-cycle markets reflect <u>organizations that serve a mass market.</u>

Standard-cycle markets refer to the markets where the firm's competitive advantages are shielded from imitation such that those advantages can be sustained longer but for a shorter period.

These advantages can be sustained for longer period in a slow-cycle market  than in fast-cycle markets.

Competitive advantages are sustainable in slow-cycle as these are shielded from imitation for longer periods of time such that imitation is costly.

Option b. is correct

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Brent must substantiate his travel and entertainment expenses. Which of the following is not required for documentation?A) compa
kotykmax [81]

Answer:

The correct option is A

Explanation:

The documentation for which is not required is the company expense report so Brent need not require to substantiate or provide the proof of the expenses of travel and entertainment in the expense report of the company. As the company expense report need particularly under the rules of the substantiation.

Therefore, the correct answer is that the company expense report is not needed for documentation.

6 0
3 years ago
The Tolar Corporation has 600 obsolete desk calculators that are carried in inventory at a total cost of $864,000. If these calc
Setler79 [48]

Answer:

The financial advantage over option 2 is $ 20 000 and $ 60 000 in total sales value.

Explanation:

The company has 2 options for the obsolete desk calculators. They can either upgrade them or sell them as they are. We need to compare the 2 options to evaluate their advantage or disadvantage.

To upgrade the calculators we need to spend $200000. However we will then be able to sell the calculators for $260000. This equates to a $60 000 gain

Under option 2 we will just sell the calculators as is for $ 40 000.

Option 1 is the better option. The financial advantage over option 2 is thus $ 20 000 and $ 60 000 in total.

8 0
3 years ago
Paying higher wages encourages workers to be more productive. Higher wages cause workers to shirk more of their responsibilities
bixtya [17]

Answer:

The answer is "Choice First and third"

Explanation:

Please find the complete question in the attached file.

The higher wages will improve the productivity of workers in various ways, that are salary with the number of workers exceeds the cost of labor, in the fewer countries. It can be associated with both the poor diet and over-market wages in these environments can enable the workers of the company to remain fit and efficient. The fewer employees may decide to seek other employment opportunities when a business pays salaries just above the current market price. This elimination of employee sales will minimize company training costs because new employees need to be trained.

3 0
3 years ago
Benson produced 4000 units during the quarter. At the end of the quarter, an examination of the labor costs records showed that
Elza [17]

Answer:

Direct labor efficiency variance= (Standard Quantity - Actual Quantity)*standard rate

Explanation:

Giving the following information:

Benson produced 4000 units during the quarter. At the end of the quarter, an examination of the labor costs records showed that the company used 25,000 direct labor hours and actual total direct labor costs were $250,000.

<u>We need the information regarding the standard rate for each hour of labor and the number of hours required to manufacture each unit</u>. The formula for direct labor efficiency variance is:

Direct labor efficiency variance= (Standard Quantity - Actual Quantity)*standard rate

6 0
3 years ago
What should the firm do if there is no possible output where the price would at least be equal to average variable costs
garri49 [273]

Answer:

Since the average variable cost curve lies below the average total cost curve, this implies that the average variable cost is the lowest price at which the producer can sell.

If there is no possible output where the price would be at least equal to the average variable costs, the firm should cease production, because it is not going to recover its costs, not to talk about making a profit.

Explanation:

A firm's average variable cost is the total variable cost divided by the total output.  For example, if the total variable cost for a particular product is $4,500 with a total output of 450 units, then the average variable cost is $10 ($4,500/450).

3 0
3 years ago
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