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3 years ago

In a monopolistic competitive industry, firms can try to differentiate their products by

Business

1 answer:

grigory [225]3 years ago

7 0

in a monopolistic competitive industry, firms can try to differentiate their products by:

Branding and Advertising

A monopolistic industry is one that has very little competition from other brands and as such they dominate a particular market.

As a result of this, we can see that a monopolistic industry would have different products which they sell to the public and the best and easiest way to differentiate between them is to make use of branding and advertising.

Therefore, the correct answer is Branding and Advertising.

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A company's skills are functions—such as customer service and promotions—that the firm performs better than its competitors

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Answer:

Here the given statement is true.

Explanation:

The given above statement is true , customer service and promotions are recognized as a company's skill set , which if a company would perform better than its competitors than it would be able to attract more customer base and even retain its target audience. Customer service skills are really important for every company as these skills helps in increasing its target consumers and retain them by addressing the customers redressal, fulfilling their needs and wants and improving their experience.

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What aspect of project management was omitted from the PMI definition that is included in the definition proposed by Meredith an

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Answer:

Fulfilling client expectations

Explanation:

Fulfilling client's expectations is one of the potent ways an organization can achieve its long term corporate objective. If I were on the PMI decision making body, I would not have outrightly voted for its inclusion. What I will do, however, is to:

1. fully gain an understanding of best practices and procedures that could be applied to achieve the client's expectations.

2. Prototype such procedures, practices and processes and assess its impact on the long term corporate objective.

3. The results from the foregoing will inform my decision.

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3 years ago

The most populous country in the world is O Russia Egypt O China India

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Answer:

Explanation:

It’s France

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Florence is a highly paid fashion consultant who earns $100 per hour. She has 16 hours per day that she can allocate to work or

Dmitry_Shevchenko [17]

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Please see attachment

Explanation:

Please see attachment

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3 years ago

Ruston Company Income Statement January 1 to December 31, 2017 (amounts in thousands) 7,800 1,560 6,240 780 700 500 4,260 70 4,1

uranmaximum [27]

Answer:

The Net Cash Flow is -$4,686,000.

Explanation:

Note: The data in this question are merged. The complete question with the sorted data are therefore provided before answering the question. See the attached pdf file for the complete question with the sorted data.

The explanation of the answers is now provided as follows:

Net Cash Flow can be determined by preparing the cash flow statement as follows:

Ruston company

Cash Flow Statement

For the Year Ended December 31, 2017

Details $’000 $’000

Cash Flows from Operating Activity

Net Income 2,514

Adjustment to net income

Depreciation expense 700

Increase in accounts receivable (600)

Increase in accounts payable 300

Net Cash Flows from Operating Activity 2,914

Cash Flows from Investing Activity

Increase in Gross Property, Plant, & Eq. (8,300)

Net Cash Flows from Investing Activity (8,300)

Cash Flows from Financing Activity

Increase in Long Term Debt 700

Net Cash Flows from Financing Activity 700

Net Cash Flow  (4,686) 

Therefore, the Net Cash Flow is -$4,686,000.

Download pdf

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