Answer:
Explanation:
I had the answer but lost it.
When a person is told that the four-firm concentration ratio in an industry is 20 this means that: C. The four largest firms account for 20 percent of industry sales.
<h3>What is the four-firm concentration ratio?</h3>
The four-firm concentration ratio is a term that refers to the market share of the four largest firms being observed. When the concentration ratio increases, the market industry also experiences a corresponding increment.
Also when this concentration ratio is more than half or 50%, the market can be said to be overly concentrated. So, the response above aptly describes the meaning of the four-firm concentration.
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Answer: 16.08%
Explanation:
The effective annual interest rate simply means the interest rate on a loan that is restated from nominal interest rate.
In the above question, we are informed that it uses 15.00% as the nominal annual rate make monthly payments.
Effective annual rate = (1 + r/m)^m - 1
where,
r = annual nominal interest rate
m = number of compounding periods for the year.
In this case m= 12 since there are 12 months in a year.
The answer has been attached.
Answer:
<u>A Straight re-buy situation </u>
Explanation:
Straight re-buy situation refers to a state wherein a consumer makes purchases of similar goods, from the same seller, with similar order quantity and for a similar price.
In most of the cases, the purchaser re-orders the previously placed order without paying much heed to the details of such order.
In the given case, the customer purchased supplies from the vendor from whom she had previously purchased, with similar order size and for similar amount. This represents a case of straight re-buy situation.
Answer:
B) performing stage of group development.
Explanation:
The stages in group development are
- forming.
- storming.
- norming.
- performing.
- adjourning.
In the forming stage, the project team members get to know each other and lay the basis for project and team ground rules.
In the storming stage, features the start of conflict as team members begin to resist authority and demonstrate hidden agenda.
In the norming stage, members agree on operating procedures and seek to work together.
In the the performing stage, finally committing to the project development process. Group members work to accomplish the project and display a level of competence.
In the adjourning stage, once their work is done, group is disband.
