Answer:
Merchant wholesaler
Explanation:
A merchant wholesaler is a business owner that specializes in purchasing goods in large quantities and then sell to other retailers and wholesalers.
Since they purchase their products in large quantities, they have different warehouses in their acquisition. These warehouses are used to store the products.
Merchant wholesalers are very vital in the chain of distribution as they facilitate the smooth movement of goods which takes places between the producers and the retailers.
In the scenario described above, W.W. Grainger is an example of a merchant wholesaler.
Answer:
The answer is a. The project will utilize some equipment the company currently owns but is not now using.
Explanation:
If you look at all the other options that are listed here, they either are a significant sum to the company or has a significant the opportunity cost. In this one, company uses idle assets and therefore bears no opportunity cost.
Answer:
corporate
Explanation:
Corporate level of an organisation involves the whole organisation. The organisation is made up of business units and product lines.
So when one functions at the corporate level he is responsible for all aspects of the business.
In this instance Bill McDermott is the CEO of SAP is in charge of all departments and production lines of the company.
On the other hand functional level deals with a particular department within the organisation. For example human resources, operations, and so on.
Answer:
D) $500 loss
Explanation:
The computation of the realized value on the investment is shown below:
= Number of shares × premium
= 100 shares × $5
= $500 loss
Since the call is for 125 shares for $125 and the selling price per share is $123 due to which the contract is not implemented. So the premium amount would be recorded as a loss of $500
Answer:
Firms make normal profits
Explanation:
Monopolistic competition is characterized by many firms selling similar but differentiated products. Each firm sets its price because they sell slightly different products. There are insignificant or no barriers to entry or exit in a monopolistic competition.
It is possible to make abnormal profits in monopolistic competition in the short run. Due to ease of entry and exit, a firm with abnormal profits will face competition from new entrants. In the long-run, no firm will dominate the market, which means all firms will be making normal profits.
