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White raven [17]
3 years ago
9

All of the following are considered input barriers to entry except:(A) control of a key raw material by a single firm.(B) the ab

ility to obtain financing for capital projects at more favorable rates than potential competitors.(C) the fact that workers in a particular industry belong to a union.(D) a patent on a specialized type of capital that is needed to produce a particular product
Business
1 answer:
padilas [110]3 years ago
5 0

Answer:

(C) the fact that workers in a particular industry belong to a union.

Explanation:

All other options are considered as possible entry barriers because they may put hindrance for an entrepreneur to enter the field of producers . The fact that workers of a particular industry belong to a union because role of union comes only when industry starts functioning . It can not play any role at the start  of an industry.

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Opportunity costs are a large factor in individual decision-making. Please sort the statements according to whether or not they
uranmaximum [27]

Answer:

Has an opportunity cost

  • Having a "lazy afternoon" VS Working an 8 hour shift VS
  • Cooking dinner VS Eating out
  • Reading you favorite book VS Catching up with an old friend

Explanation:

Opportunity costs refer to the extra costs or benefits lost associated with choosing one activity or investment over another alternative. In other words, every  activity that you carry out includes the opportunity cost of not doing something else. No matter what we do, we could be doing something else.

4 0
2 years ago
What is the meant byTQM
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TQM is Total Quality Management, it's describe as a management approach to long-terms success for customer service or satisfaction.    
5 0
3 years ago
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Sales for the last four months of the year for a company are listed below. What is the average of the sales for these four month
vovikov84 [41]
December i think, pretty sure i guess
6 0
3 years ago
Read 2 more answers
What are two advantages and two disadvantages of the informal economy
AnnyKZ [126]

Answer:

Advantages of Informal Sector employment:

Some employers pay well because company owners do not have many tax obligations. Employee effort is directed towards achieving profit rather than satisfying irrelevant routines.

There can be a close and direct relationship with the employer, therefore making it easy to get permission when in need of time off.

You are saved the hassle of paying Pay As You Earn tax.

There’s no red tape when it comes to dealing with personnel issues which are expressly handled either by the employer him/herself, or a senior manager.

Sometimes employment is done on the spot with little emphasis on attending lengthy job interviews and countless aptitude tests.

Sometimes one is employed because of one’s personal relationship with the employer rather than on merit.

Disadvantages of Informal Sector employment:

Little or no job security.

Unprotected by labour laws.

Odd working hours.

No pension, insurance or health insurance scheme.

Summary dismissals.

Difficult to make any savings due to low wages.

A brief illness or injury or injury can mean no financial means to survive.

Explanation:

4 0
3 years ago
M9.5 Peter Sagan is in charge of maintaining hospital supplies at Champs Hospital. During the past year the mean weekly demand f
Dahasolnce [82]

Answer:

26 packages

Explanation:

Given that:

The demand D = 186 packages in a week

Standard deviation  = 13packages

The lead time L = 1.5 weeks

Order quantity Q = 750 packages

The Confidence service Level = 0.95

At the service level (SL) if we find the P(Z) of the SL using Excel, we have:

P(Z) = NORMSINV(0.95)

P(Z) = 1.64

Thus;

the safety stock = Z × SD√L

= 1.64 \times 13 \sqrt{1.5} \\ \\

= 1.64 \times 13 (1.224745)

= 1.64\times15.92

= 26.11156

≅ 26 packages

7 0
2 years ago
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