In the airline industry, the exit barrier of offering international routes restricts movement between hub-and-spoke and point-to-point airlines.
<h3>What is the exit barrier?</h3>
This is the term that is used to describe all of the challenges and the impending difficulties that may prevent a company from exiting a market.
This question tells us that it is a barrier of exit and restriction of movement between hub-and-spoke and point-to-point airlines.
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Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
Selecting
Explanation:
The answer has been added into the question in this paragraph. It is in bold letters. Opportunity recognition is the process of identifying, <u>selecting</u>, and developing new venture opportunities.
when we talk about opportunity recognition we are talking about the ability to perceive new ideas, opportunities for a business or venture. as well as also being on the lookout for ways to improve. a person could just come up with new money making venture, or he could come up with ways to improve an existing venture.
Answer:
b) false
Explanation:
As we know that the Sole proprietorships have unlimited liability while in the partnership, the partners have limited liability.
Moreover, The proprietor is financially liable for all of the company's debts. In a court of law, a judge might require that the proprietor or owner liquidate its personal assets in order to pay the business' debts.
Hence, the given statement is false
Answer:
Medium of exchange
Explanation:
Money is an object that is collectively and legally accepted as payment for goods and services. Money has three major functions as follows;
<em>1. Medium of exchange</em>
This is when money is used as an intermediate in the exchange of goods and services. When one decides to exchange one good or service for the other, the monetary value of these goods and services are determined and thus the purchase can be made knowing what value one is exchanging for the other.
<em>2. A unit of account;</em>
This is a standard numerical unit measurement of market value of goods and services. The market value of the goods and services are first determined. Then the goods or services are broken down into a unit of a good or services. The value per unit is then determined.
<em>3. A store of value</em>
For money to act as a store of value, the value of money has to be stable over time. This means that it has to be effectively stored. It also has to be reliably saved and retrieved.
In Tara's case, money served as a medium of exchange since she used a monetary value of $50,000 in the form of certificates of deposit to pay for a down payment to buy a house.