All categories

3 years ago

What factors under the control of owners and managers make a firm successful and allow it to earn economic profits?

Business

1 answer:

mafiozo [28]3 years ago

8 0

Answer: E. The firm's ability to differentiate its product

Explanation:

The factor under the control of owners and managers that make a firm successful and allow it to earn economic profits is the firm's ability to differentiate its product.

Product Differentiation has to do with making a product unique from that of its rivals so that it'll be attractive to the customers and the target market. This will slow be vital for the company to produce at a average cost that is lower than that of its competing firms. This will help the company to have a competitive edge over others.

You might be interested in

What are examples of short-term goals? Check all that apply.

Zolol [24]

Answer:

the right answer is Aden wants to get a summer job during his school vacation.

Explanation:

short-term goals are those that are aimed at meeting monthly

6 0

3 years ago

Read 2 more answers

Explain the importance of benefits on employee retention

victus00 [196]

Employees that enjoy what they do and the atmosphere in which they work are more likely to remain employed with their company. Retention strategies are important because they help create a positive work environment and strengthen an employee's commitment to the organization. By giving employees more perks, more money, and more benefits, you will increase morale.

6 0

3 years ago

According to a study conducted by an organization, the proportion of americans who were afraid to fly in 2006 was 0.10. a rando

faust18 [17]

Answer:

This is not necessarily evidence that the proportion of Americans who are afraid to fly has decreaseddecreased because belowbelow 0.10 because the proportion of sample, is nothing very close to 0.10.

Explanation:

n = 1100

p = 0.10

Using the formula np(1-p), we will have

= 1100(0.10)*(1 - 0.10)

= 1100*0.10*0.90

= 99

99 ≥ 10

This satisfies normal distribution condition. That is, proportion of sample are normally distributed.

3 0

3 years ago

If we were able to invest a Gradient = $100 at the end of each year for 7 years at 6% interest (i.e., So at the end of year 1, $

zavuch27 [327]

Answer:

We can withdraw an equivalent annuity of $ 293.658 each year.

Explanation:

We build a scheduled table to know the future value of the gradient investment

Time Beg Gradient Total Rate Ending

1 $100.00 $100.00 $100.00 0.060 $106.00

2 $106.00 $100.00 $206.00 0.060 $218.36

3 $218.36 $200.00 $418.36 0.060 $443.46

4 $443.46 $300.00 $743.46 0.060 $788.07

5 $788.07 $400.00 $1,188.07 0.060 $1,259.36

6 $1,259.36 $500.00 $1,759.36 0.060 $1,864.92

7 $1,864.92 $600.00 $2,464.92 0.060 $2,612.81

Then, we solve for the equivalent annuity-due:

$PV \div \frac{1-(1+r)^{-time} }{rate}(1+rate) = C\\$

PV 2,613

time 7

rate 0.06

$2612.81 \div \frac{1-(1+0.06)^{-7} }{0.06}(1+0.06) = C\\$

C $ 293.658

Itis annuity due as we will going to retire cash in a 6 year period for seven times. (at each year-end during 6 years thus, annuity-due

1st 2nd 3rd 4th 5th 6th 7th

/-------/-------/-------/-------/-------/-------/-------/

1 2 3 4 5 6 7

3 0

3 years ago

Natalle's parents keep pushing her to find a job, but she has not had much luck. She spends her time searching the Internet for

gizmo_the_mogwai [7]

Answer:

Explanation:

So what we can infer is that Natalle is really lazy when looking for a job. Now, we can also infer that her friends and her parents push her to get a job, but she will not go, which is why she rarely goes to interviews for one. When she does, however, just as mentioned here, she showed up half an hour late. So, I am not saying that she should blame her friends for herself being late, but out of all of the choices, this seems the most logical for the following reasons:

A- Her Friends Have Jobs (Wrong)

B- Person-blame happens ALL of the time, not rarely. (Wrong)

C- The only logical answer (still not ok to blame people) (Correct)

D-There is plenty of info. (Wrong)

7 0

3 years ago

What factors under the control of owners and managers make a firm successful and allow it to earn economic​ profits?

What factors under the control of owners and managers make a firm successful and allow it to earn economic profits?