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3 years ago

Firms must consider the possible reaction of rivals to their own decisions and actions in

Business

1 answer:

Dmitry [639]3 years ago

5 0

Answer:

The correct answer is oligopoly.

Explanation:

An oligopoly is a market structure in which there are a few firms that are dominant in the market. These firms may produce identical or differentiated products.

Because of a few firms in the market, the firms are interdependent on each other. Market decisions of a firm affect its rivals.

That is why before making their own decisions, the firms have to consider the reaction of their rivals.

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An escrow account is:A. always under the jurisdiction of the brokerB. beyond the control of either party to the escrowC. always

AURORKA [14]

Answer: B - beyond the control of either party to the escrow

Explanation: An Escrow account is a legal term used where funds are held in trust whilst two or more parties complete a transaction.

An Escrow is a trusted third party that will be in custody of the funds during the cause of the transaction and will be the one to pay the merchant after all the escrow agreement are fulfilled.

Escrow account reduces the risk of fraud by acting as a trusted third-party that collects, holds and only disburses funds when both Buyers and Sellers are satisfied. It apply mainly to real estate transactions.

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4 years ago

Which of the following is a difference between a push and a pull strategy? Group of answer choices End consumers are targeted in

zheka24 [161]

The difference between a push and a pull strategy is that wholesalers are targeted in a push strategy, whereas end consumers are targeted in a pull strategy.

<h3>What is push Marketing?</h3>

Push marketing basically involves all promotional strategies in which companies use to approach consumer or people to buy their products.

Pull marketing on the other hand means implementing a strategy that naturally draws consumer interest in your brand or products

Learn more about push marketing here: brainly.com/question/13362246

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7 0

2 years ago

Oriole Company uses the percentage-of-receivables method for recording bad debt expense. The Accounts Receivable balance is $380

ohaa [14]

Answer:

Adjusting journal entry:

Dr Bad debt expense 19,000

Cr Allowance for doubtful accounts 19,000

Explanation:

accounts receivable balance = $380,000

total credit sales = $1,520,000

6% of accounts receivable will be bad debt = $380,000 x 6% = $22,800

credit balance allowance for doubtful accounts account = $3,800, and it must increase to $22,800 ⇒ $22,800 - $3,800 = $19,000

Adjusting journal entry:

Dr Bad debt expense 19,000

Cr Allowance for doubtful accounts 19,000

Allowance for doubtful accounts is a contra asset account with a credit balance that reduces the value of accounts receivable.

4 0

4 years ago

Which activity does economics primarily study?

SashulF [63]

Answer:

c. best utilization of scarce resources

Explanation:

Economics is the study of how society uses its scarce resources to meet the insatiable needs of its members. Resources are the inputs that a county uses to produce goods and services. They are the four factors of production.

Human needs are unlimited and cannot be satisfied with the available scarce resources, necessitating human beings to make choices. Economics will involve analyzing production decisions amidst limited resources. It also analyses how the goods produced are distributed to satisfy the different needs and wants of its members.

3 0

3 years ago

An example of a brick and mortar store is

balandron [24]

a example is a store like Lowes, or home depot

7 0

3 years ago