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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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Which of the following statements is the most correct regarding errors and fraud? Group of answer choices Errors are always frau

Sergio039 [100]

Answer:

An error is unintentional, whereas fraud is intentional.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).

An auditor refers to an authorized individual who review, examine and verify the authenticity and accuracy of business financial records or transactions.

Thus, an audit of historical financial statements most commonly includes the balance sheet, income statement, statement of cash flows, and the statement of changes in stockholders' equity.

Hence, the statement which is the most correct regarding errors and fraud is that, an error is an unintentional that can happen to any financial expert, whereas fraud is intentional.

3 0

3 years ago

Why are businesses working or failing in today's society?

Mumz [18]

Answer:

well in society today as corona virus grows so do prices which makes it harder for people to buy things they used to. Companies are starting to shut down do to people not being able to buy anything or not being able to afford things or the product is bad. Do to all of this companies are failing tho some are using this to their advantage and are thriving.

Explanation:

hope this helps

4 0

3 years ago

Calidasth is a company that sells cosmetic products. Its retail outlets offer discount sales at the end of every season. In the

Alex Ar [27]

Answer:

Limited Relationships

Explanation:

Customer Relationship management (CRM) refers to the practices and policies followed by an organization w.r.t interaction with it's customers. The concept lays emphasis upon creating healthy customer relationships and solving customer questions and queries in the most efficient manner.

CRM in a way represents the technology or platform a company uses so as to manage it's external interactions with customers.

Software, artificial intelligence, etc represent some of the areas wherein CRM has grown technologically.

The given case points towards the existence of a transactional relationship i.e relationships which is limited only till the transactional level. Under this, the company's does not exactly establish relationship with customers.

3 0

3 years ago

A project has an initial cost of $10,600 and produces cash inflows of $3,700,$4,900,and $2,500 for Years 1 to 3,respectively.Wha

Tatiana [17]

Answer:

The project will never pay the initial investment.

Explanation:

The payback period is the time required to cover the initial investment.

We need to use the following formula on each cash flow:

PV= Cf/(1+i)^n

PV1= 3,700/1.075= 3,441.86

PV2= 4,900/1.075^2= 4,240.13

PV3= 2,500/1.075^3= 2,012.40

Now, the payback period:

Year 1= 3,441.86 - 10,600= -7,158.14

Year 2= 4,240.13 - 7,158.14= -2,918

Year 3= 2,010.4 - 2,918= -907.6

The project will never pay the initial investment.

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3 years ago

You receive a college investing kit in the mail from a reputable investment company. This information is _____.

mafiozo [28]

The information is reliable, I believe. (As the question states the investment company is reputable, which is pretty much a synonym for reliable, so it can't be unreliable.)

3 0

4 years ago