Hi.
After a quick Google search, I think the answer is generic advertising.
Hope this helped.
Answer:
Advantage in competition. ( competitive advantage)
Explanation: Whenever a hospital is more equipped or fully equipped with tools, machines, and any other factor that favors the saving of lives, that hospital will mostly have the upper hand in competition against it's rivals. It is safe to say a heart patient who is facing a life threatening situation would rather be taken to such a hospital for quick response to save their lives. A hospital less equipped with these kind of machines , especially those needed in critical moments like defibrillating someone who is experiencing cardiac arrest, will less likely be a first choice to treating patients of these nature. In critical moments like these a hospital better equipped will always be the first choice, disregarding other factors like cost. Now distance could be critical, but again, almost always if the distance is not too long then the better equipped gets the patients.
A study of supply and demand conditions in the market for orange juice lies primarily within the realm of microeconomics.
<h3><u>
Explanation:</u></h3>
Micro economics is the field of study that deals with the choices that are made by individuals. It deals with study of how the decisions are made by individuals, household and companies regarding the utilization of resources. It always deals with the markets that are associated with the good and services and also with the economic issues associated with individuals.
Adam Smith is the father of micro economics. In the examples given, A study of supply and demand conditions in the market for orange juice is an example of the micro economics. This is because, it deals with the supply and demand conditions in the market of the orange juice that are consumed by individuals.
The three types of companies that populate and compete in the global marketplace are (1) international firms; (2) multinational firms; and (3) <u>transnational</u> firms.
<u>Explanation:</u>
An international corporation, also known as a global corporation, is derived from the generic word global, meaning worldwide. As an enhancement of the marketing strategy in their home country, a foreign company participates in trade and marketing in various countries and called as international firms.
A multinational company views the world uniquely as composed of unique parts and markets to each component. A transnational organization looks at the world as a single market and recognizes cultural connections across countries or common consumer needs, and seeks more than disparities.
Answer:
$1,000
Explanation:
For the computation of overhead over/under applied last year first we need to find out the applied overhead which is shown below:-
Applied overhead = Actual direct labor × Per direct labor
= 24,000 × $2
= $48,000
Over applied overhead = Applied overhead - Actual overhead
= $48,000 - $47,000
= $1,000
Therefore for computing the overhead over/under applied last year we simply applied the above formula.
