When first-mover customers are not strongly loyal to repeat-buying pioneers.
Early mover disadvantage (or late mover advantage) rarely occurs when: The market response is strong, allowing Pioneer to gain a monopoly position and recoup its investment. First-mover advantages include economies of scale, or time to develop cost-effective ways to manufacture or deliver a product. First mover disadvantages include the risk that the product will be copied or improved by competitors. Even latecomers have a competitive advantage if the cost of copying a product is low.
For example, one study found that in the chemical, pharmaceutical, electronics, and machinery industries, the "cost of imitation" is about two-thirds of the product development cost incurred by the pioneers.
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Explaining to an Amazon customer service representative why you should be refunded for the coffee table you bought online addresses which type of needs
Explaining to an Amazon customer service representative that why you should be refunded for the coffee table you bought online addresses. This type of needs is practical.
Everyone who tends to work for the customer service is said to be focused on preventing and also solving the problems for customers, which is from designing and developing self-service technologies, to interacting directly with the customers.
However, so when you start to explain to an Amazon customer service representative that why you should be refunded for the coffee table which you bought online so this need is considered to be practical. Hence, the practical needs are objectives which need to be accomplished.
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Which company is expecting to gain the majority of its returns on existing investments?
a. Dell
b. Johnson & Johnson
c. Procter & Gamble
d. Phillips Petroleum
The majority of the returns on the company's existing investments are what Phillips Petroleum expects to see.
Company Phillips Petroleum:The Phillips Petroleum Firm was a 1917-founded American oil company that later diversified into the industries of natural gas production, petroleum refining, marketing, and transportation. On December 23, 1969, Phillips Petroleum made the first oil discovery in the North Sea at a location that would subsequently bear the name Ekofisk.
Conoco Inc. and Phillips Petroleum merged on August 30, 2002, creating ConocoPhillips, the second-largest refinery and third-largest integrated energy corporation in the US. The business relocated its main office to Houston.
ConocoPhillips divided into two distinct businesses in 2012. The original business retained its name and separated the midstream and downstream operations.
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How can you achieve your goal in less time than it should take, or increase your efficiency?
Answer:
If you aren't already practicing, then practice that way you can be more efficient in whatever your doing.
Answer: first, do something you believe in, improve your knowledge in what you want to learn
Explanation:
other then my answer, look for professional help.Why do I keep getting rejected for rentals?
Because of a person's income, rental applications are typically turned down.
What is person's income ?The term "personal income" refers to all of a household's earnings in a particular year. It encompasses a variety of sources of income, including earnings, salaries, investments, dividends, rent, and any contributions made by a business to a pension plan, among others.
How do people get their money?People obtain income through working for a living and investing their earnings in securities like stocks, bonds, and mortgage lending. For instance, the stock purchases of an investor may generate income in the shape of yearly dividends.
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A businessperson is returning from a trip to china and has 409.31 yuan in their wallet. the most current currency conversion rate is 1 u.s. dollar:6.4651 yuan. how much money will the businessperson have when they convert their money to u.s. dollars?
a. $2646.23
b. $415.78
c. $402.84
d. $63.31
A businessman with 409.31 yuan in their wallet is coming back from a vacation to China. The most recent exchange rate is 1 US dollar to 6.4651 Chinese yuan. When the businessperson will convert their money to u.s. dollars, he will have $63.31.
What do you mean by exchange rate?
The worth of one currency in respect to another, or the rate at which one currency will be exchanged for another, is known as a currency's exchange rate.The foreign exchange market, often known as Forex or FX, which is a worldwide decentralised market for the trading of currencies, determines the exchange rates of such currencies.
Most currency conversion rate is 1$ = 6.4051 yuan
So, 409.31 yuan = 409.31 - 6.4051
= $63.31
So, The correct option is D.
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communication in work teams v. traditional organization (Communication patterns are different in successful team environments as compared with traditional organizational structures:)
-Trust building is the primary factor that changes the organization's communication patterns.
-Open meetings are an important method for enhancing communication, as they educate employees about the business while building bridges of understanding and trust.
-Shared leadership, which involves more direct and effective communication between management and its internal customers, is common.
-Listening, problem solving, conflict resolution, negotiation, and consensus become important factors in group communication.
-Information flows vertically up to management and down to workers, as well as horizontally among team members, other teams, and supervisors.
Information is exchanged through communication. Communication can be categorized as spoken, nonverbal, or written. Internal, external, group and public discourse are all examples of this type of communication. Correspondingly, communication patterns reveal the ebb and flow of information exchanged among members of a group. It is a fundamental skill in any group setting.
In a business setting, the ways in which information is shared are governed by established communication patterns. According to established procedures, they serve as vital communication ties between different departments and teams.
These regularities have to do with the distribution of responsibilities and communications inside a company. It's connected to the group's decision-making and members' happiness, too. This concept can be used for conversations between individuals, but it can also be generalized to groups.
All-to-one communication is when many people share information with one person, and one-to-all communication is when one person shares information with many others. Public speeches, for instance, might be interpreted as employing a one-to-many mode of discourse.
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he auditors have some uncertainties, but these uncertainties are not so material that they cannot form an opinion on the fairness of presentation of the financial statements as a whole. B. The auditors have observed a departure from generally accepted accounting principles that is so material and pervasive that a qualified opinion is not justified. C. The auditors have observed a departure from generally accepted accounting principles but the departure is not of sufficient materiality to justify a qualified opinion. D. The auditors cannot form an opinion on the fairness of presentation of the financial statements as a whole.
Answer:
D. The auditors cannot form an opinion on the fairness of presentation of the financial statements as a whole.
Explanation:
The issue of a disclaimer of opinion normally represent that the auditor could not able to form the opinion on the fairness of the financial statements that shows the financial position and the condition of the company.
He is not able to give his opinion for the company financial statements
So, the last option would be correct
And, the rest of the options would be incorrect
Which of the following is an advantage of joint ventures as a mode of entry into foreign markets?
A) The foreign firm does not have to bear any development costs and risks associated with opening a foreign market.
B) The foreign firm can protect its technology from being appropriated by its local partner.
C) It gives a firm tight control over subsidiaries, which enables it to realize experience curve or location economies.
D) There is less cause for friction and conflict between the foreign and local partners.
E) The foreign firm benefits from a local partner's knowledge of the host country.
The foreign firm can protect technology from being appropriated by its local partner is an advantage of the joint ventures as mode of entry into foreign market.
What is a joint venture?A joint venture (JV), a business entity created by two or more partners, is characterised by shared ownership, shared returns and risks, and shared governance. According to Gerard Baynham of Water Street Partners, despite a lot of negative headlines, joint ventures may actually outperform wholly owned and controlled affiliates. But some joint ventures, like those in the oil and gas industry, are "unincorporated" joint ventures that look and operate like corporations. This partnership may also be known as a joint venture and the participants are referred to as "co-venturers" when two or more persons temporarily come together to form it for the purpose of carrying out particular project.
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Trainers should aim the level of the training at ____ of the group of trainees.
a. the top level
b. somewhat above the average level
c. the bottom level
d. somewhat below the average level
Trainers should aim the level of the training at somewhat below the average level of the group of trainees.
What does the word "training" mean?Training is the process of enhancing a worker's knowledge and abilities to do a specific profession. It aims to enhance trainees' work behavior and performance on the job. Training is the process of imparting knowledge and abilities that pertain to certain practical capabilities, either to oneself or to others. The purpose of training is to increase one's ability, capacity, productivity, and performance. Enhancing an employee's knowledge, talents, and skills to perform a certain task is done through training. Employees' mindset is changed during the training process, which results in high-caliber performance. Its nature is constant and unending.
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. Suppose Boris pays $100 to Sonya. A. We can say with certainty that the GDP has increased by $100. B. We can say with certainty that the GDP has increased, but we cannot determine the amount. C. We can say with certainty that the nominal GDP has increased, but we can't say whether real GDP has increased or decreased. D. We need more information to determine whether GDP has changed.
We need more information to determine whether GDP has changed.
A measurement called the gross domestic product aims to represent the economic output of a nation. A higher level of living can be expected in nations with larger GDPs because more commodities and services are produced there.
Due to this, a lot of people, including political figures, view GDP growth as a crucial indicator of a country's success and frequently use the terms "GDP growth" and "economic growth". However, many economists contend that GDP shouldn't be used as a stand-in for overall economic performance.
For instance, if Country B produced 5 bananas valued at $1 each and 5 backrubs of $6 each in a year, the GDP would've been $35. The GDP for Country B would've been $40 if the cost of bananas increased to $2 the next year and the amount produced remained the same.
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A transaction that is likely to cause an increase in a current liability is:
a. payment of accrued wages.
b. accrual of interest expense.
c. depredation of equipment.
d. accrual of bad debts expense.
Depreciation of equipment is a transaction that is likely to result in a rise in a current liability.
A corporation's or an individual's present obligation originating from a previous incident, from which the firm or individual expects to derive future financial advantage, is known as a liability. Liability is essentially split into current and non-current obligations. Non-current liabilities are the existing debts a company or person owes as a result of previous events from which it expects to get future economic benefits over a period longer than a year. Debentures, long-term loans, deferred taxes, etc. are some examples. The present debt owed by a company or person as a result of a previous incident from which they hope to receive future financial gain is known as a current liability.
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How do you show a problem is undecidable?
An undecidable problem is one that should have a "yes" or "no" response, but for which there is no method that can provide an accurate response for all inputs.
Give an example of a problem that is believed to be intractable?According to computability theory, an undecidable problem is a particular kind of computational problem that needs a yes-or-no response but for which it is impossible for any computer program to consistently produce the right response. In other words, any such program would occasionally produce the incorrect response or would continue running indefinitely without producing an answer.An undecidable problem is one that should have a "yes" or "no" response, but for which there is no method that can provide an accurate response for all inputs.According to computability theory, an undecidable problem is a particular kind of computational problem that needs a yes-or-no response but for which it is impossible for any computer program to consistently produce the right response.To learn more about undecidable problem refer to:
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Labor is a factor of production that refers to any physical or ________ work people contribute to a business's production. Group of answer choices intellectual emotional unionized entrepreneurial technological
Answer: Intellectual Work
Total supply chain costs in some industries approach 75 percent of the total operating budget.
True
False
It is true that in some industries, total supply chain expenditures are close to 75% of the overall operating budget.
A supply chain is a group of people and businesses responsible for producing a product and getting it to the consumer. The raw material producers are the first links in the chain, and the last is the van that delivers the finished product to the customer.
An operating budget is used by a company, government, or organisation to plan its operations. It comprises of all revenues and expenses for a period of time (usually a quarter or a year). Prior to a reporting period, an operating budget is created as a goal or strategy that the company hopes to accomplish.
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Which of the following industries would be most likely to use a job costing system?
A. Commercial building construction
B. Food and Beverage
C. Chemicals
D. Pharmaceuticals
Commercial building construction industries would be most likely to use a job costing system. so correct answer is A.
A Costing System: What Is It?In order to keep track of a company's expenses, a costing system was created. The system consists of a number of forms, procedures, checks, and reports that are made to compile and provide management with information on profits, expenses, and revenues. Lean accounting, activity-based costing, standard costing, and marginal costing are some examples of cost accounting types. The traditional costing system and the activity-based costing system are the two fundamental costing methods that assist in identifying all direct and indirect costs so you can determine prices with accuracy.
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Type the correct answer in the box. Spell all words correctly.
Which good customer service skill does Tony seem to possess?
Tony works as a customer service professional for a store that sells refrigerators. He met a customer who was furious with the store's service.
Apparently, the store had delivered the wrong refrigerator model to the customer's home address. Tony apologized on behalf of the store. He
told the customer that the store would quickly replace the product. He Interacted with the customer for a while and promised that the store
would never give the customer a chance to complain in the future. Tony's ________
helped him make the customer believe
In the store's service.
Answer:
professional manner and reassurance
The area found __________ the market price and _____________ the demand curve is best known as consumer surplus.
A horizontal line is drawn between it y-axis and the demand curve to represent the area between the down demand curve and the market price of such commodity as the region of consumer surplus.
Is the selling price the market price?Is the retail price equal to the market price? Simply put, the response is no. The selling price represents the price at which your house is actually purchased. It's crucial to realize that you won't likely sell your business quickly or easily if your market estimate is off.
Is a value a market price?Market capitalization is frequently associated with to market value, which is price an asset commands on the market. Because variables depend on a variety of variables, including the physical working environment, the overall state of the economy, and the dynamics of supply and demand, valuation are dynamic in nature.
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Based on the graph shown above, which of the following is the equallibrium quantity and price at which the compony should sell the truck
Based on the graph shown above, the following is the equilibrium quantity and price at which the company should sell the truck: option B. 300 trucks at $6 per truck
What is an equilibrium quantity and price?In economics, an equilibrium quantity and price refers to a state in which the quantity of a good or service that a seller is willing to supply is equal to the quantity that a buyer is willing to demand, and the price at which this transaction occurs is the equilibrium price. This is also known as market equilibrium.
At the equilibrium price, there is no surplus or shortage of the good or service, and the market is said to be in balance. If the price is higher than the equilibrium price, there will be a surplus of the good or service, and if the price is lower than the equilibrium price, there will be a shortage.
The equilibrium quantity and price are determined by the interaction of supply and demand in a market. When the supply and demand curves intersect, the equilibrium quantity and price are established.
Therefore, the correct answer is as given above
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The complete question goes thus:
A toy company created a new truck to offer to consumers.
Based on the graph shown above, which of the following is the equilibrium quantity and price at which the company should sell the truck?
A. 200 trucks at $8 per truck
B. 300 trucks at $6 per truck
C. 400 trucks at $8 per truck
D. 200 trucks at $4 per truck
Vertical integration has served to increase the negotiating power of farmers and ranchers.
True
False
The given statement "Vertical integration has served to increase the negotiating power of farmers and ranchers." False because one firm controls numerous stages of the transaction. Option B
What is "Vertical integration"?Generally, In business parlance, the term "vertical integration" refers to the practice of one firm owning various stages of the manufacturing and distribution of another company's good or service.
In the context of the agricultural industry, this would refer to a firm that controlled everything from the cultivation of seeds to their distribution via retail outlets.
This may lead to a concentration of power in the hands of a few major firms, which in turn can reduce the bargaining power of farmers and ranchers since there may be fewer customers for the items they produce.
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If investment spending increases and all other levels of spending remain constant, then aggregate:
a. supply increases
b. supply decreases
c. demand increases
d. demand decreases
c. demand increases. If investment spending increases and all other levels of spending remain constant, then aggregate demand increases.
This is because investment spending is a component of aggregate demand, which represents the total amount of goods and services that households, firms, and the government want to buy in the economy. An increase in investment spending will lead to an increase in the production of goods and services, which will in turn lead to an increase in the demand for those goods and services. As a result, prices may rise and firms will want to increase their production to meet the increased demand. This leads to a situation of increased economic activity, which is associated with an increase in aggregate demand.
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Which of the following will happen if the actual inflation rate is greater than the expected inflation rate
When the rate of inflation is different than anticipated, the quantum of interest repaid or earned will also be different than what they anticipated.
The contrary goods do if affectation is lower than anticipated, the borrower loses, and the lender wins. When the rate of inflation is different than anticipated, the quantum of interest repaid or earned will also be different than what they anticipated. When affectation is more advanced than anticipated, the borrower is better off, and the lender is worse off.
Lenders are hurt by unexpected affectation because the plutocrat they get paid back has lower purchasing power than the plutocrat they lent out. This is the substance of affectation prospects. Rising affectation makes people believe that prices will rise again in the future, causing them to demand pay envelope increases and not delay purchases. Meanwhile, businesses boost their prices to accommodate advanced stipends and demand, increasing affectation.
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Jack's yearly salary added to Amy's yearly salary makes $99,000. Amy makes 25% more than Jack. What is Amy's salary
$99,000 is the result of adding Jack's and Amy's annual salaries. Jack earns 25% less than Amy does. Amy's yearly salary is 55,000.
What does it mean yearly salary?The sum of money you receive from your company on an annual basis as compensation for the work you do is known as your annual salary. Salary typically only includes cash payments and excludes non-monetary benefits. Prior to deductions like Social Security taxes or payments to retirement plans, a person's gross income is the amount they are paid.
Your annual gross income is your income before taxes and other deductions. This number is typically used by banks to determine if they can provide you a loan or credit card. Net income is your annual income excluding taxes and other withholdings.
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4. What competitive structure features pricing that is determined entirely through the laws of supply and demand and requires t
Moderate competition
Perfect competition
Monopolistic competition
Direct competition
Pricing is not determined by supply and demand forces in monopolistic competition. Companies set the prices for their distinctly different yet similarly priced items. The answer is option (c).
What is monopolistic competition?When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition develops. A monopolistic competitive economy has minimal entry requirements, and actions made by any one business do not immediately impact those of its rivals.
Consider a market system where there are many businesses and free enterprise entrance and exit, but the goods these businesses produce are not uniform. A market structure like this is referred to as monopolistic competition.
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What are three elements of the business environment?
1. Economic conditions: This element of the business environment refers to the state of the economy, both domestically and globally. Economic conditions include factors such as interest rates, inflation, employment and GDP growth.
2. Social and cultural factors: This element of the business environment includes the beliefs, values and attitudes of society. Social and cultural factors can influence the way a business operates.
3. Political and Legal Factors: This element of the business environment refers to the rules, regulations and laws that govern the business. Political and legal factors can have a direct impact on businesses as they can affect the cost of doing business and the ability to operate in certain areas. In addition, political and legal factors can affect the ability of businesses to enter foreign markets.
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Normal processing procedures for operations personnel involve procedures ________.
Select one:
a. for continuing operations when the system fails
b. for backing up data and other resources
c. for using the system to accomplish business tasks
d. for starting, stopping, and operating the system
Normal processing procedures for operations personnel involve procedures for starting, stopping, and operating the system.
Hence, Option D is correct
Normal procedures are all the procedures that the operator has established in the operations manual for day-to-day normal operations (such as pre-flight briefings for the cabin crew, pre-flight inspections, passenger briefings, securing the galleys and cabin, and cabin surveillance while in flight).a task or tasks that are to be completed using a set of predetermined forms or methods by an organized body. When gaining access to customers' private information, be sure to follow protocol. Procedures focus on taking action. They specify the actions that must be taken and the order in which they must be done. scope and goal. Describe the procedure's goals and the scope of its application.
preliminary prerequisites. Specifies any components—such as the paperwork, personnel, specialized equipment, permits, and field preparations—that are required to carry out the procedure.
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PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!
Which type of employer could offer a 403(b) retirement plan to its employees?
A. car dealership
B. computer manufacturer
C. grocery store
D. public school
Answer:
D. public school
Explanation:
It is only available for non-profitable jobs.
Answer:
public schools
Explanation:
Bill Gates has been described as task oriented and diligent. Which key leadership trait does this exemplify
Task-oriented and conscientious have been mentioned as qualities of Bill Gates. This is an example of the leadership quality of determination.
William Henry Gates III is a business tycoon and philanthropist from the United States who was born on October 28, 1955. Along with his late boyhood buddy Paul Allen, he co-founded Microsoft. Bill Gates served as chairman, CEO, president, and chief software architect during his tenure at Microsoft. He also served as the company's largest individual shareholder until May 2014. He played a significant role in the microcomputer revolution of the 1970s and 1980s as an entrepreneur. Seattle is where Gates was born and raised. He and Allen established Microsoft in Albuquerque, New Mexico, in 1975.
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The process of narrowing the field of offerors through the selection of the most qualified proposers on the basis of qualifications is called:
The process of narrowing the field of offerors through the selection of the most qualified proposers on the basis of qualifications is called shortlisting.
Basis of qualifications are the prerequisites that an applicant must meet in order to be given preliminary consideration for the employment. When submitting an application for a job at Harvard, be careful to explain in detail how you satisfy the minimal requirements for the open position in both your cover letter and CV. Consider your prior schooling and employment. Consider the life skills you've acquired. For an alternative viewpoint, speak with those who are familiar with you outside of work. Your education, work history, skill set, and character traits currency float are all examples of your qualifications. Qualifications may include a college degree, a licence, great communication skills, the capacity to lift 50 pounds, attention to detail, a dedication to diversity, reliability, and a cheerful outlook.
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What are three rules of government in a mixed economy?
In a mixed economy, the three rules of government are to maintain the framework, provide public goods and services, maintain competition, redistribute income, and stabilize the economy.
What exactly is a mixed economy?
The term "mixed economy" refers to a system of economic organization in which the private sector's actions are combined with those of the public sector, which acts as a regulator and corrector of the former.
Most economic decisions in a mixed economy are resolved through the market interaction of sellers and consumers. However, the state plays an important supplementary role.
The government's main roles in the mixed economy are to maintain the social and legal framework, to provide public goods and services, to maintain competition, to redistribute income, and to stabilize the economy.
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Barney has recently begun using an addictive, euphoria-producing drug. Which of the following will probably occur if he repeatedly uses this drug
The dosage that is required to produce the desired effect will increase if Barney repeatedly uses the addictive and euphoria producing drug.
An addictive drug can be referred to or considered as the one that starts giving pleasure upon consumption to the person who consumes it. It may be a medicinal drug, but because of the fact that it contains euphoria-producing capacities, it becomes essential to increase the dosage of the drug to reach the level of the desired effect. Usually, such addiction of a medicinal drug may have negative consequences.
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Complete question
Barney has recently begun using an addictive, euphoria-producing drug. What will probably occur if he repeatedly uses this drug?