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Firlakuza [10]
3 years ago
8

Hot Wok Cuisine is a premium Asian restaurant chain that differentiates itself from a large number of competitors by providing e

xclusively organic Chinese cuisine. It has some pricing power because it provides differentiated products and therefore, has some entry barriers in place. In this scenario, Hot Wok Cuisine is most likely operating in a(n)
Business
1 answer:
eduard3 years ago
7 0

Answer: monopolistically competitive industry

Explanation:

Based on the above information, Hot Wok Cuisine is most likely operating a monopolistically competitive industry.

This is a type of industry whereby the firm's make their own pricing and output decisions. There are large number of competitors, but the products that they sell are slightly different from one another. Also, there some entry barriers.

We can infer that the restaurant differentiates itself from a large number of competitors by providing exclusively organic Chinese cusine and there are entry barriers.

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Kim's Kayak Tours initially identified active retirees living in the retirement community nearby as one of its target markets. K
Nezavi [6.7K]

Answer: Option E  

                 

Explanation: In simple words geographic segmentation refers to the study under which the organisation studies its population based upon any characteristics for the purpose of marketing.

Similarly lifestyle segmentation refers to the study of ongoing change in taste and preferences of the population.

In the given case, Kim kayak first identified the population of the retires and then identified their needs and preferences.

Hence from the above we can conclude that the correct option is  E.

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4 years ago
What are some ways to protect intellectual property
VikaD [51]
Patent, copyright are two.
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3 years ago
What is the purpose of a report?
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3 0
3 years ago
Read 2 more answers
Assume that an investment in bonds classified as trading securities is sold. Which of the following would be included in the two
worty [1.4K]

Answer:

An update of the fair value adjustment account,

Removal of the related investment account balances

The total amount of gain or loss that has occurred since the securities were  purchased

Explanation:

The activities that occurred between the purchase and during the sales of bonds classified as trading securities will determine the entries to be recorded.

First, since it was an investment, it means, it had an entry already in the books. Its sales therefore, will mean the books needs to be updated and this will be done through the Fair value adjustment account.

Secondly in updating the fair value, there is the need to remove the related investment account balance. This is because the investment has been sold so it should not be reflected any more.

Thirdly, since the investment was bought at a point, carried for a while and then eventually sold, some gain or loss would have been generated between its acquisition and its sales, therefore the entry for total amount of gain or loss that occurred since the purchase should be made.

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4 0
3 years ago
Which of the following is the best way to hide theft of assets?
Marysya12 [62]

Answer:

The correct answer is letter "D": Charging the stolen asset to an expense account.

Explanation:

An asset misappropriation takes place when individuals take advantage of the job position they have in order to profit from fraudulent activities. The fraud could be caused by any employee within a given organization, from high executives to any of their subordinates.

In the case, option "D" is a good example of asset misappropriation since it is being charged to an expense account a good that was stolen when that kind of account is only useful to report work-related expenses.

5 0
3 years ago
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