1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nezavi [6.7K]
3 years ago
13

A first step toward understanding organizational markets is recognizing the differences between industrial, reseller, and govern

ment markets.
a. True
b. False
Business
1 answer:
zaharov [31]3 years ago
7 0

Answer: True

Explanation:

To understand organizational markets, one must first realize that there are three main types of them: Industrial, reseller and government.

Industrial markets enable businesses to transact with each other. They trade raw materials and other goods to each other and process them to finished goods.

The reseller market does not involve any processing but rather firms buying from one and selling to another as middlemen.

The last market is the Government market. Any arm of government that purchases goods and services fall here including at local, state or federal level.

You might be interested in
The industrial organization (I/O) model of above-average returns:
lara [203]

Answer:

The answer is A) Puts emphasis on the external environment, which plays a role in determining a company´s ability to achieve above-average returns.

Explanation:

The I/O Model of Above-Average Returns basically assumes that the industry in which a company decides to compete in has a much larger influence on performance (earnings and profit) than the choices the managers of this company make.

The basic assumptions of this organization model are:

  • The external environment imposes pressures and constraints that determine the strategies of the company and will result in above average returns.
  • It assumes competing companies control similar strategically relevant resources and pursue similar strategies.
  • Resources are highly mobile across companies, so that any differences that might develop between companies will be short-lived.
  • Decision-makers within the company are assumed to be rational and committed to acting in the company´s profit-maximizing behaviors.

8 0
3 years ago
Suppose the market for tortillas is initially in equilibrium, but then the equilibrium wage rate and the equilibrium quantity of
DedPeter [7]

Answer:

The supply of tortillas decreased

Explanation:

7 0
3 years ago
Which of the following is not relevant when deciding whether or not to discontinue a product​ line?
FrozenT [24]

Answer:

Fixed costs that can be avoided by discontinuing the line.

Explanation:

Avoidable costs are those costs which can be eliminated by closing or rejecting a decision under evaluation. These costs are mostly variable coasts which vary with the change in activities. More activity more cost, less activity less cost and no activity no cost.

So fixed costs that can be avoidable by discontinuing the project is the only irrelevant cost between the given options.

6 0
3 years ago
Nu Company reported the following pretax data for its first year of operations. Net sales 2,910 Cost of goods available for sale
kozerog [31]

Answer:

$434

Explanation:

Net sales                     = $2,910

-Cost of goods sold    = $1,560 (Working)

=Gross profit                = $1350

-Operating expenses  = $730

=Profit before Tax        = $620

-Tax 30%                      = $186

=Net Profit/Net Income= $434

<u>Working</u>

Cost of goods sold = Cost of goods available for sale - Closing Inventory if LIFO is elected

Cost of goods sold = 2,430 - 870 = 1560

5 0
3 years ago
Read 2 more answers
According to the Comparative Analysis of Tools and Technologies for Policy-Making theory, there are 11 possible main categories
Musya8 [376]

Answer:

True

Explanation:

The eleven categories are

  1. Visualization : for better understanding of data
  2. Argumentation: visualize the structure of complex arguments using graphs
  3. eParticipation : encourages participation in social and political process
  4. Opinion mining : interpret public comments written in different application
  5. Simulation :guides towards making decision concerning future actions
  6. Serious games:Train users
  7. Policy making : to help in policy making
  8. Persuasive tools : to convince users for change of attitude
  9. Social network analysis : analyse social network users behavioral pattern
  10. Big data : supports helps in processing large data
  11. Semantics and linked data: analyzing and publishing large data
3 0
3 years ago
Other questions:
  • Alexis company recently completed 10,600 units of its single product, consuming 32,000 labor hours that cost the firm $480,000.
    14·1 answer
  • Della, the new ceo of sky advertising, has been with the firm for over 25 years. she was picked by the board to turn the 85-year
    14·2 answers
  • A 30-year 7% corporate bond was issued exactly 10 years ago. You purchased this bond today, when it was trading to yield 9%. Tom
    7·2 answers
  • Taussig Technologies is considering two potential projects, X and Y. In assessing the projects' risks, the company estimated the
    12·1 answer
  • "The National Tree Company offers resellers half-price reductions on artificial Christmas trees if they purchase them in July. T
    12·1 answer
  • Identify the risks exist in the conversion cycle of Central Production Limited.
    11·1 answer
  • Rick and Joe get together and start a mortgage brokerage business. They each contribute $25,000 of capital to the business. Afte
    6·1 answer
  • Bonita, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats.
    6·1 answer
  • ____________ is the process of selecting strategic price points to best take advantage of a product or service based market rela
    5·1 answer
  • Strategies on how to minimize expenses in cooking?​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!