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Anastaziya [24]
3 years ago
11

Why is Apple’s industry so competitive and how could this affect the ethical risks in Apple’s operations?

Business
1 answer:
maw [93]3 years ago
6 0

Answer:

Apple industry is the consumer goods technological sector.

Explanation:

This sector is very competitive because it tends to be very profitable, which means that it attracts a large number of skilled entrepreneurs and wokers who create high quality products that customers demand. This is specially true of the mobile phone sub-sector, with industry giants like Samsung and Huawei being in stiff competition with Apple.

Because of this, Apple faces several ethical risks: for one, it faces the risk of not practicing predatory pricing techniques like dumping in order to drive out competition, because this would be unfair not only to the other firms, but also to the other companies.

Another ethical risks would be more relevant for managers, and that is that managers should avoid to overestimate their ability to increase profits, because this may create false expectations on the board, on stockholders, and on the customers, leading to malinvestment, and other negative eocnomic consequences.

You might be interested in
Why doesn’t the fact that the ‘’Inflation solution" is only a temporary solution to stop many developing countries from using it
Lynna [10]

Explanation:

Remember, inflation is scenario in an economy in which there occurs a constant rise in the prices of commodities/services in the market, which may lead to a reduction of the money in circulation.

Although, developing countries could use alternative approaches such as taxation or cutting down government expenditure, they do not use this but prefer "inflation solution" because it appears to be the easy way out.

Since, taxes are always lesser than required to run the economies of developing countries they (the government) may not use this approach.

5 0
4 years ago
On October 1, Vista View Company rented warehouse space to a tenant for $3,600 per month. The tenant paid five months' rent in a
Damm [24]

Answer:

The adjusting entry needed on December 31 is:

Debit Unearned Rent revenue $10,800

Credit Rent Revenue $10,800

Explanation:

Following the Accrual accounting - an accounting method that revenue or expenses are recorded when a transaction occurs rather than when payment is received or made.

The tenant paid five months' rent in advance on October 1. From October 1 to December 31, Vista View Company had rented warehouse space to a tenant for 3 months.

The adjusting entry needed on December 31 is:

Debit Unearned Rent revenue $10,800  ($3,600 x 3 = $10,800)

Credit Rent Revenue $10,800

7 0
3 years ago
Economics is hard and I need to graduate ​
AfilCa [17]
Answer: Opportunity cost
6 0
3 years ago
The rusties market, a small antique shop, periodically runs advertisements in the local newspaper to keep its name before the pu
Aneli [31]

The Rustic Market, alittle antique shop, periodically runs advertisements within the local newspaper to keep its name before the public. this is often known as reminder advertising.

<h2>What is advertising?</h2>

Advertising may be a type of marketing communication in which a product, service, or idea is promoted or sold using an openly sponsored, non-personal message. Advertisement sponsors are typically businesses that want to market their products or services.

Brand advertising may be a type of advertising that helps consumers connect and build strong, long-term relationships over time. Businesses that use brand advertising hope to realize long-term positive recognition.

Advertising has three main goals: to tell , persuade, and remind. Informative advertising raises brand, product, service, and idea awareness. It publicizes new products and programs and may educate people about the features and benefits of new and existing products.

To know more about advertising :

brainly.com/question/1658517

#SPJ4

5 0
2 years ago
Mel prints 1200 leaflets to advertise her new business.
evablogger [386]

Answer:

$0.25

Explanation:

The cost of 1200 leaflets is $250 plus 20% VAT

the  VAT charges is

=20% of $250

=20/100 x 250

=0.2 x 250

=$50

The total cost of 1200 leaflets

= $250 + $50

=$300

1200 leaflets cost , $300

one leaflet will cost

=$300/$1200

=$0.25

6 0
3 years ago
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