Answer: purchase of a value-creating activity from an external supplier.
Explanation:
Outsourcing refers to the business practice whereby a company hires the service of another party for the creation of goods and the rendering of services which were done traditionally by the employees of the company.
Outsourcing is the purchase of a value-creating activity from an external supplier. It's usually done by.conoanues in order to reduce cost or focus on more important parts of producttion.
Suppose there are 51 firms in a market. the largest firm has sales of $50 million and each of the other firms has sales of $1 million. the Herfindahl-Hirschman index of this industry is 2,550
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What is The Herfindahl index?</h3>
- The Herfindahl index, sometimes referred to as the Herfindahl-Hirschman Index, HHI, or occasionally the HHI-score, is a way to gauge how competitive an industry is by comparing the size of enterprises inside it.
- It is an economic term that is frequently used in competition law, antitrust, and technology management. It is named after economists Orris C. Herfindahl and Albert O. Hirschman.
- Antitrust regulators have continued to employ HHI, mostly to assess and comprehend how mergers may impact their linked markets.
- Market shares can be represented as fractions, decimals, or whole numbers.
- HHI is determined by squaring the market shares of all competing businesses in the industry and summing the resulting values (sometimes restricted to the 50 biggest enterprises).
To learn more about the market shares, refer to the following link:
brainly.com/question/15530466
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An Emergency Management plan or a disaster recovery plan
Answer:
Quarterly deposit= $1,912.17
Explanation:
Giving the following information:
The van he is looking to buy in costs $33,000.
Interest rae= 4% per year compounded quarterly
Number of years= 4 years
First, we need to calculate the real interest rate:
Interest rate= 0.04/4= 0.01 per quarter
Now, to calculate the quarterly deposit, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= quarterly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (33,000*0.01) / [(1.01^16)-1]
A= $1,912.17