Answer:
Competition
Explanation:
In the capitalistic economy, COMPETITION ensures that a firm will survive only if it serves its customers well by providing products and services that meet their needs.
Hence, Competition is a favorable concept for business because it stimulates the improvement and growth of new and decent commodities in the markets.
To consumers, competition is good because it normally leads to better service and lower the costs or prices of commodities.
Answer:
In the situation in question, there are various things that need to be settled until the license contract is signed into. The first problem is the clarification on the territorial features of the company when separate branches of the very same network run which that create friction.
The second problem is the range, vocabulary, and style of franchise marketing strategies as heavy marketing, may damage one another's franchise consumers, and may harm the company in general. The third problem is the localisation-based exchange of information with both the franchise.
Whether it be the unified business center or customers that decide. Not considering it, could hurt the new franchisor. The fourth problem seems to be the exchange with other franchises of company data or data from my current customer base to support them.
Answer and Explanation:
The computation is shown below:
Contribution Margin for Bat
= $50 - $50
= $0
Contribution Margin for Gloves = $100 - $80
= $20
Now
Overall Contribution Margin = (0 ×70%) + ($20 × 30%)
= $0 + $6
= $6
Now
A. Break even sales = Fixed cost ÷ contribution margin
= $57,000 ÷ $6
= 9,500
B.Baseball bats = 9,500 × 70% =6,650
Baseball Gloves = 9,500 × 30% = 2,850
The loanable fund's theory of interest shows that interest rates on loans are determined by supply and demand for funds available for lending because higher rates will be due to higher demand for lending while higher supply can reduce lending.
Loanable funds encompass family savings and/or bank loans. because funding in new capital items is regularly made with a loanable price range, the demand and supply of capital are often mentioned in phrases of the demand and delivery of loanable funds.
The delivery of loanable finances is based on financial savings. The demand for loanable budgets is primarily based on borrowing. The interaction between the supply of financial savings and the call for loans determines the actual hobby price and how much is loaned out.
The loanable budget market illustrates the interaction of borrowers and savers in the economic system. it is a version of a marketplace model, however, what is being “bought” and “offered” is cash that has been saved. debtors call for a loanable price range and savers supply loanable finances.
Learn more about Loanable funds here:
brainly.com/question/13636725
#SPJ4
Answer:
Interpersonal Skills
Explanation:
Interpersonal skill is the skill that connects one person with other due to the employee's behavior which helps him to get along with others. In other words, when we talk about interpersonal skills we are actually talking about the excellent way of interacting with people that results in better relation, respect, better job environment, motivation of employees, etc.
In this case, Herb Kelleher, the CEO has better relations with his company employees as he interact with the people well which is interpersonal skills.
