Answer:
The correct answer is, Oligopoly.
Explanation:
This is so true that in Pakistan, the textile industry has grown at a much bigger pace in the past recent years. There are many brands that are mentioned in the question that are concerned with the design and production of yarn, cloth and clothing, but they face high competition.
According to the question, Khaadi is the brand in Pakistan which is capturing the most of the market share and profit. According to the characteristics, Khaadi fall under the market structure of Oligopoly. Oligopoly is the market structure in which only few of the firms are dominating in the industry.
So now defining the two characteristics of Khaadi as oligopoly; one is, Khaadi is the dominating brand with the highest market share in the textile industry. Secondly the products of Khaadi are homogeneous but differentiated because of the specialized hand woven products, which other brands hardly practice.
So Khaadi falls under the Market Structure of Oligopoly.
Because sometimes the customer service department of a company is always right but then again sometimes they are wrong so just try to believe it and try to think they're right because you never know.
Hope this is what you're looking for. Have a great day! :D
Answer:
A) compete with one another in Olympia's internal capital markets.
B) are network member firms while Olympia is the strategic center firm.
C) are not necessarily related to one another in terms of products or markets.
Explanation:
A) An internal capital market refers to the way a corporation assigns capital resources to its different business units or subsidiaries in order to maximize its profits. The headquarter will always allocate more resources to its most profitable business units. Therefore, all the business units within a corporation compete against each other in order to get the most resources assigned to them.
B) When a corporation has different business units that are not necessarily working together but all must follow the same business strategy, the headquarters (Olympia Industries) acts as the strategic center and decides what strategies the whole corporation will follow. While the different business units act as network partners that operate separately but under the umbrella and guidance of the strategic center and its corporate strategy.
C) The fact that they all are part of a bigger corporation doesn't mean that they produce similar goods or services, or that they even compete in the same markets. For example, Amazon's profits proceed mostly from its cloud service unit AWS (B2B) and not the retail unit (B2C).
D) If the different business units don't work together, then it is probable that they don't share the same core competencies.
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Total direct material variance= $1,000 favorable
Explanation:
Giving the following information:
Company had a favorable direct materials price variance of $3,000 and an unfavorable direct materials usage variance of $2,000.
<u>To calculate the total direct material variance, we need to use the following formula:</u>
<u></u>
Total direct material variance= price variance +/- quantity variance
Total direct material variance= 3,000 - 2,000
Total direct material variance= $1,000 favorable
