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Lelu [443]
2 years ago
9

A new company has started to become very competitive in your geographic areas. The first step they took was to slash prices. The

second was stealing some of your best sales and manufacturing personnel. As a result, they have been able to go down the learning curve a lot faster, thus increasing their overall revenue. In a meeting with some of your people, the idea is brought up that you could increase the competition's costs by tying them up through litigation and state administrative action. Some local government officials owe you favors because your company has made campaign contributions in the past. Some other sources tell you the new company has over extended themselves, meaning their debt/equity ratio is very high. They probably couldn't survive a protracted legal battle or some legislation that's been designed to negatively impact their bottom line and not yours. Many more suggestions are brought up, but the first one is the only one that has a chance of success.
You:__________.
Business
1 answer:
Artemon [7]2 years ago
6 0

A new company has started to become very competitive in your geographic areas. The first step they took was to slash prices. The second was stealing some of ...
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Domestic producers of steel rods send a lobbyist to the U.S. government to request that the government impose trade restrictions
Zarrin [17]

Answer:

C. Infant-industry argument

Explanation:

The lobbyst is using the infant-industry argument because he is claiming that all that the emerging national industry needs is some temporary trade restrictions until it can develop enough to compete.

This argument is very commonly used against free trade, and is based on the belief that national industries should be allowed to grow in isolation before opening up the markets. The problem with this argument is what happens if the national industry remains uncompetitive even after a long period of trade restrictions.

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3 years ago
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aleksklad [387]

Answer:

thank youuu :))

Explanation:

i'm actually considering majoring in astrology so i'll go to you if i have any questions :)

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3 years ago
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Which of the following is a true statement about the U.S. workplace? A. It has changed little over the past 110 years. B. Today'
Nonamiya [84]

<span>The correct answer is C. Retail and communications firms are on the decline.</span>

With technology becoming easily accessible to all people in all walks of life, consumers are finding it easier to do everything with their mobiles and computers. Communicating is as easy as sending a chat message and buying items online is definitely more appealing that spending time in a physical shop.

 

8 0
3 years ago
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Julia, an economics professor, is giving a presentation on her research. What presentation delivery method should Julia use if s
Alex
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3 years ago
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Inacio Corporation uses the weighted-average method in its process costing system. Data concerning the first processing departme
hjlf

Answer:

$17.97 per unit

Explanation:

Using weighted average method, Equivalent units = Units that are completed during the period + Equivalent units in process at the end of period.

Equivalent units = 8,500 + 2,000*90%

Equivalent units = 8,500 + 1,800

Equivalent units = 10,300

Cost per equivalent unit for materials = (Beginning costs + Current costs) / Equivalent units

Cost per equivalent unit for materials = ($13,000 + $172,100) / 10,300 units

Cost per equivalent unit for materials = $185,100 / 10,300 units

Cost per equivalent unit for materials = $17.97 per unit

8 0
3 years ago
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