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Finger [1]
3 years ago
11

An oligopoly exists when a firm offers a product that has no close substitutes, making the firm the sole source of supply.

Business
1 answer:
Mademuasel [1]3 years ago
4 0

Answer:

B) False

Explanation:

That would be a monopoly (only one supplier).

An oligopoly is a market where there are very few suppliers, and competition is very limited since the barriers to entry are very significant.

For example, the automobile industry is an oligopoly. There are only a few car manufacturers in the world, and they all are very large corporations. It costs hundreds of millions of dollars to introduce a new car model, and every time that happens, the corporations must carry on expensive advertising and promotional campaigns.

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When a complaint is lodged, or when inappropriate activity is brought to the attention of management, the manager should wait to
Natali [406]

Answer:

False

Explanation:

Manager should start investigation as soon as complaint is brought to his notice. He must not wait for the charge to be proven. He should be the one taking lead on the investigation and responsible for investigation. And after investigation if charge is proven then he is supposed to apply penalty according to company's policy. And if not proven then talk to individual who brought the charge and give them proof.

7 0
3 years ago
An analyst in the corporate finance department at Chase Manhattan Bank has been assigned to an interdepartmental project involvi
marissa [1.9K]

This sort of organizational structure is called a matrix structure.

<u>Explanation:</u>

The representation of a corporation in which monitoring interactions are defined as a grid, or matrix, instead of in conventional hierarchies is understood as a matrix organizational framework. In another terms, workers have multiple responsibilities to report-usually both to a functional boss and to a manager of commodity. Here analyst at Chase Manhattan Bank's corporate finance division has been allocated to an interdepartmental project involving a large client. Thus he need to answer two separate bosses from his department and project manager.

5 0
3 years ago
Suppose the value of the Mexican peso depreciates relative to the US dollar. How would this benefit people in the United States
Agata [3.3K]
United States because it would help them
8 0
2 years ago
ABC Company listed the following data for the current year:
RideAnS [48]

Answer:

$10,800 underapplied

Explanation:

Calculation for If overhead is applied based on machine hours, the overapplied/underapplied overhead is:

Overhead machine hours=[($1,044,000/24,000)×23,600]-1,037,400

Overhead machine hours=($43.50 x 23,600) - 1,037,400

Overhead machine hours=$1,026,600- 1,037,400

Overhead machine hours= $10,800 underapplied

Therefore If overhead is applied based on machine hours, the overapplied/underapplied overhead is:$10,800 underapplied

5 0
3 years ago
How do you delete awnsers that people post
Natali [406]

You have to be a moderator. That's all I know.

5 0
3 years ago
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