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USPshnik [31]
3 years ago
9

Which of the following is a correct statement?

Business
1 answer:
Nastasia [14]3 years ago
8 0

Answer:

The answer is B.

Explanation:

In purely competitive firms, there are many buyers and sellers that no single buyer or seller can influence the price of goods. They accept the price set by the market conditions which depend on the market supply and demand. Firms in this market are price-takers.

In monopolistic firm, no one is competing against him. He is the only one in the industry. He is the only seller while buyers are many. In most cases, buyers do not have alternative than to buy the product. Because of this, the firm in monopoly sets its price. He is a price-maker.

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Select the choice that accurately completes the following sentence: If a credit card advertises 1% cashback on all purchases…
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You will receive 1% of your transaction back, in cash, at the store.

Explanation:

I'm not 100% sure but I think this is correct

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3 years ago
Nibbles Pet Food Corporation is in the process of developing its new market strategy. The marketing team has already established
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Answer:

A) Create a promotion strategy to increase customer awareness.

Explanation:

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4 years ago
Goal-setting theory is one of the most influential management practices. there is strong evidence that setting goals:______.
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In accordance with goal-setting theory, productivity can be increased by defining explicit, quantifiable goals. One may boost employee engagement while also enhancing employee performance in the workplace by implementing the goal-setting principle.

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5 0
2 years ago
e-Shop, Inc. has net sales on account of​ $1,500,000. The average net accounts receivable are​ $610,000. Calculate the​ days' sa
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Answer:

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The​ days' sales in receivables is calculated by using following formula:

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Accounts receivable turnover = Net Credit Sales /Average Accounts Receivable

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The number of days' sales in receivables = 365/2.46 = 148.37 days

4 0
3 years ago
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