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slega [8]
3 years ago
13

In order to be classified as a _______________, a firm must be owned by the people who run it on a day-to-day basis.

Business
1 answer:
gayaneshka [121]3 years ago
3 0
The correct answer is private company
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Which type of competitive strategy is characterized by convincing rivals not to enter a price war, protection from customer pres
oee [108]

Answer:

b) overall low-cost leadership

Explanation:

By Michael Porter, this is one of the <em>generic strategies</em>. This strategy implies that the company is dominating the market by securing a low-cost approach across all channels (supplier side, customers, rivals). This is generally achieved by low operating costs and by the factors listed out in the example itself (influencing rivals and suppliers). This type of strategy puts a company ahead of most of its competitors.

3 0
4 years ago
Alice is willing to spend $30 on a pair of jeans, and has a coupon for $10 off she found online.
oee [108]

Answer:

$5

Explanation:

The computation of Alice's consumer surplus is shown below:

Consumer surplus =  Willing to spend - Market price after considering the discount

where

Willing to spend = $30

Market price equals to

= Purchase a pair of jeans - coupon rate

= $35 - $10

= $25

So, the consumer surplus is equal to

= $30 - $25

= $5

3 0
3 years ago
Bonita, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats.
jeka94

Answer:

Results are below.

Explanation:

<u>To calculate the activities rates, we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Designing= 452,795 / 11,900= $38.05 per designer hour

Sizing and cutting= 4,231,150 / 157,000= $36.95 per machine hour

Stitching and trimming= 1,501,000 / 79,000= $19 per labor hour

Wrapping and packing= 327,050 / 31,000= $10.55 per finished unit

4 0
3 years ago
0.5 pts Congress has not allowed widespread work stoppages to occur in the railroad industry but has resolved disputes by enacti
iogann1982 [59]

Answer:

True or False

True - explanation below

Explanation:

The congress has been able to prevent the widespread stoppages because they have the power to enforce the emergency board recommendations. These recommendations were viewed by the parties to be very valuable and could definitely serve as the grounds for the resolutions of disputes that may arise.  

A one-day rail strike that happened in 1991 was resolved by the congress by enacting PUB L.102 -29 which was said to have the effects of imposing many of the recommendations of Presidential Emergency Board ( PEB) 219

4 0
3 years ago
You have been asked by the president of your company to evaluate the proposed acquisition of a new special-purpose truck for $25
JulijaS [17]

Answer:

Please find the complete solution in the attachment file.

Explanation:

Please find the attachment table for the 3 years of cash flow:

5 0
3 years ago
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