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3 years ago

What characteristic is somewhat shared by perfect competition and

Business

1 answer:

kakasveta [241]3 years ago

8 0

Answer:

Ease of entering

Explanation:

The main difference between perfect competition and monopolistic competition is that firms sell a similar product in perfect competition. In monopolistic competition, firms sell differentiated products.

In both market structures, their many seller and buyers. There is the ease of entry and exit for suppliers. In both markets, there are no dominant suppliers.

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Hailey, a lawyer on the staff of International Group, always considers the consequences of an action rather than the nature of t

Vinil7 [7]

Answer:

the utilitarian theory of ethics in business contexts.

Explanation:

According to the Utilitarian theory of ethics, the steps to be chosen by any business of entity should rely on maximizing the good and minimizing the sufferings. Also, at the same time, the benefit or good to the maximum is required to be considered before taking any decision.

In the given excerpt, Hailey adopts the utilitarian theory of ethics by focusing on the outcome of the steps that he take.

6 0

3 years ago

State two business situations where internal communication may be useful to you

jeyben [28]

Effective internal communication helps ensure that all members of the organisation are working collaboratively towards a common goal. It develops a cohesive culture and empowers employees to make the right decisions in line with the organisation's goals.

3 0

3 years ago

Marin Industries had one patent recorded on its books as of January 1, 2020. This patent had a book value of $201,600 and a rema

konstantin123 [22]

Answer:

The patent should be reported at $302,400 on the December 31, 2020, balance sheet.

Explanation:

Remaining useful life in month of patent on January 1, 2020 = 8 * 12 = 96 months

Remaining useful life in month of patent on December 1, 2020 = 96 - 11 = 85 months

Amortization of book value of patent in 2020 = (Patent Book value / Remaining useful life in month of patent on January 1, 2020) * 12 = ($201,600 / 96) * 12 = $25,200

Amortization of legal cost in 2020 = (Legal cost / Remaining useful life in month of patent on December 1,, 2020) * 1 = ($127,500 / 85) * 1 = $1,500

Carrying amount of patent = Patent Book value + Legal cost = $201,600 + $127,500 = $329,100

Patent book value on December 31, 2020 = Carrying amount of patent - Amortization of book value of patent in 2020 - Amortization of legal cost in 2020 = $329,100 - $25,200 - $1,500 = $302,400

Therefore, the patent should be reported at $302,400 on the December 31, 2020, balance sheet.

8 0

3 years ago

Economists use the word "money" to refer to Group of answer choices income generated by the production of goods and services. th

polet [3.4K]

Answer:

those assets regularly used to buy goods and services.

Explanation:

Depending on whether you are an economist, an accountant or work in finance, the term money may mean different things. Generally economists use the term money to refer to very liquid assets which are used to purchase the goods and services that we use on our everyday life. Economists distinguish money as assets that perform the basic functions of money:

medium of exchange
unit of accounting
store of value

3 0

4 years ago

In a Lean-Agile Center of Excellence an argument began between Lee, the Director of Software, and Clair, the Vice President of H

makkiz [27]

Answer:

Explanation:

Clair is right since SAFe groups will self-arrange and recognize territories for development all through their reality

· The lean coordinated focal point of greatness doesn't partake in choosing what and how groups get direction and how they improve

· Lee is correct in light of the fact that express prerequisites permit groups to drift and neglect to arrive at their latent capacity

· Neither is correct on the grounds that the quality and accuracy of necessities is free of SAFe group development and greatness

8 0

3 years ago