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suter [353]
3 years ago
15

Lenovo, HP, Dell, Acer Group, and Apple dominate 70% of the world market for personal computers). Smaller competitors survive by

focusing on providing unique products / services that meet the needs of select sub-segments in these industries. This type of competitive interaction illustrates:
Business
1 answer:
Over [174]3 years ago
4 0

Answer:

Oligopoly

Explanation:

Oligopoly is simply defined as the situation in which more than two firms own/control the largest market share, while other smaller firms contend for the remaining share of the market.

For better understanding;

  • Monopoly: one firm owning/controlling the largest market share.
  • Duopoly: two firms own/control the largest market share.
  • Oligopoly: more than two firms own/control the largest market share.

In this type of competition (Oligopoly), the smaller firms survive by offering unique features in their products and services while some offer cheaper prices for their products and services.

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Wal-Mart was one of the most successful firms of the 1970s and 1980s. Much of Wal-Mart's success can be credited to its expansio
enyata [817]

Answer:

The correct answer is letter "D": Wal-Mart employed a preemptive strategy.

Explanation:

Game Theory is a branch of Economy that studies the decisions in which an individual could succeed if he or she takes into account the decisions of the rest of the participants involved in the event. Game Theory has also been applied for subjects such as <em>Mathematics, Managements, Psychology </em>or <em>even Biology. </em>

In the game theory, the Preemptive Strategy is implemented when individuals take a step before other participants in an attempt of having a favorable outcome of the situation. They lead the event using creativity. Thus, <em>Wal-Mart used the preemptive strategy by opening stores in small towns that supported only one discount store.</em>

8 0
3 years ago
Capital budgeting is the process of planning and controlling investments in assets that are expected to produce cash flows for o
sergij07 [2.7K]

Answer:

false

Explanation:

Capital budgeting is the process taken to evaluate and determine the profitability of an investment. capital budgeting can be done for projects that have cash flows of more than one year

capital budgeting methods include :

Net present value

internal rate of return

accounting rate of return

payback period

6 0
4 years ago
The management team at Imagine Advertising is trying to land a new client. Carla, the CEO, has set targets for how much the cont
Liono4ka [1.6K]

Answer:

B) leading

Explanation:

Leading is a function of management which involves using influence to motivate employees and clients to achieve organisational and client goals respectively. Dominic and Stella possess the leading function due to their ability to influence the clients on how Imagine Advertising will help the clients achieve their goals.

5 0
3 years ago
In the circular flow of income A. households buy goods and services and firms supply goods. Resources are supplied by other firm
Alla [95]

Answer:

D. households demand goods and services that are supplied by​ firms, while supplying resources that are demanded by firms.

Explanation:

The circular flow of income shows how money moves in an economy. Firms pay households for resources needed in production. The money flows back to firms when households demands goods and services from firms.

I hope my answer helps you

8 0
4 years ago
Explain the concept of delegation of authority​
Archy [21]

Explanation:

Delegation of authority is a process that enables a person to assign a task to others. As a manager or leader, you're expected to perform several tasks and meet multiple deadlines. To ensure that you achieve your objectives on time, you delegate responsibility to your team members

6 0
3 years ago
Read 2 more answers
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