Competitive pressures associated with the threat of entry are greater in all of the following situations except when customers have low brand preferences and low degrees of loyalty to seller.
Competitive pressure is termed as when company is under pressure from its competitors. It basically occurs in all types of economies, except under monopolistic economy. Market force of demand and supply determines various other things.
To counter the possibility of new competitors, businesses rely on threat to entry in the given sector, such as customer loyalty, product differentiation, market share, and cost advantage.
The restrictions on the entrances have an impact on the threat imposed by new entry.
There are various barriers such as like high costs or other challenges that might deter new competitors from entering a market.
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Corporation had the following information: Raw materials used $ 70,000 Direct labor 135,000 Manufacturing overhead 370,000 Work-in-process inventory, 1/1 60,000 Finished-goods inventory, 1/1 199,000 Work-in-process inventory, 12/31 86,000 Finished-goods inventory, 12/31 150,000 Opal's cost of goods manufactured was
Opal Corporation's cost of goods manufactured is $549,000, which includes the total manufacturing costs incurred during the period and adjustments for changes in work-in-process inventory.
To determine Opal Corporation's cost of goods manufactured, we need to calculate the total manufacturing costs incurred during the period and adjust for the changes in work-in-process inventory.
Raw materials used: $70,000
Direct labor: $135,000
Manufacturing overhead: $370,000
Work-in-process inventory, 1/1: $60,000
Finished-goods inventory, 1/1: $199,000
Work-in-process inventory, 12/31: $86,000
Finished-goods inventory, 12/31: $150,000
1. Calculate the total manufacturing costs incurred:
Total manufacturing costs = Raw materials used + Direct labor + Manufacturing overhead
Total manufacturing costs = $70,000 + $135,000 + $370,000
Total manufacturing costs = $575,000
2. Calculate the cost of goods manufactured:
Cost of goods manufactured = Total manufacturing costs + Work-in-process inventory, 1/1 - Work-in-process inventory, 12/31
Cost of goods manufactured = $575,000 + $60,000 - $86,000
Cost of goods manufactured = $549,000
Therefore, Opal Corporation's cost of goods manufactured is $549,000.
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Which government action is related to fiscal policy?
A. Printing money
B. Setting tax rates
O C. Declaring war
D. Passing laws
Answer:
B. Setting tax rates
Explanation:
just took the quiz
In this, setting tax rates government action is related to fiscal policy.
Governments use fiscal policy instruments to affect the economy. These mainly include shifts in taxation and government spending amounts.
Taxes are being reduced while spending is being raised in order to promote development. This frequently entails financing through the issuance of government debt.
It is the strategy of government expenditure and taxation aimed at achieving long-term development.
Government has four main budgetary functions: allocation, distribution, economic growth, and stabilization.
Thus, the correct option is (B).
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The free cash flows (in millions) shown below are forecast by Simmons Inc. If the weighted average cost of capital is 13% and the free cash flows are expected to continue growing at the same rate after Year 3 as from Year 2 to Year 3, what is the Year 0 value of operations, in millions?
Year: 1 2 3 Free cash flow: −$20 $42 $45
$680
$648
$617
$586
$714
Answer:
If the weighted average cost of capital is 13% and the free cash flows are expected to continue growing at the same rate after Year 3 as from Year 2 to Year 3, ...
Explanation:
Umpqua's vision is "to become the world's greatest bank." The company sees its competitors as other financial institutions that perform banking services. This is taking a _________ of its competition.
Answer:
This is taking a industry point of view of its competition.
Explanation:
The statement shown in the question above presents an industry point of view regarding competition. This view was established based on the market in which both Umpqua and competitors are established. The industry's point of view in relation to the market is that the company defines that its competitors offer a product very similar to yours and that is capable of satisfying its customers efficiently, in the same way as the product produced by you same.
Since Umpqua sees its competitors as other financial institutions that perform banking services, it is taking an industry point of view of its competition.
What is competitive advantage?
Competitive advantage can be defined as the factors, conditions, or circumstances that allow a business organization (firm) to manufacture its finished goods or provide services better and perhaps cheaper than rival firms (competitors) in the same industry.
The major benefits of competitive advantage:
An increase in the level of sales.An increase in revenue generation.A higher profit margin than rival firms in the same industry.In this scenario, Umpqua's vision is to be in a more favorable position become superior to other financial institutions (rival firms) that perform banking services, thereby, making it the world's greatest bank.
This ultimately implies that, Umpqua is is taking an industry point of view of its competition because it aimed at becoming the world's greatest bank.
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The following costs were incurred in August:Direct Labor $14,000Direct Materials $37,000Manufacturing Overhead $38,000Selling Expenses $10,000Administrative Expenses $28,000What were conversion costs for the month?
Answer:
Conversion cost=$52,000
Explanation:
Conversion cost is the sum of direct labour cost and the manufacturing overheads incurred to transform direct material into finished goods.
Direct labour cost is the amount paid to workers directly engaged for production purpose.
Manufacturing overhead is the sum of indirect material, indirect labour and indirect expenses incurred for production purpose
Conversion cost = Direct labour cost + Manufacturing overhead
= $14,000 + 38,000= 52,000
Conversion cost=$52,000
How to study using a 450 pg online college textbook in which you are asked detailed questions and scenarios.. It's overwhelming.
Answer:
Explanation:
There are many things in life that will seem overwhelming due to the how large and complex all of the data may be. The best way to get through these moments is to divide the task into smaller parts and sit down and dedicate time to it. For such a textbook divide the total amount of pages and read a little bit at a time, take breaks, reflect on what you have read, answer practice questions, and continue to the next group of pages. You will see after getting started that it is not as overwhelming anymore.
the second step in writing a business message is to know your
audience
purpose
ideas
facts
Answer:
The second step is to know your " purpose"
Explanation:
You need to know what you are writing the business message
Hope it helps
ways which business can overcome competition in the market environment
Know the competition. Find out who your competitors are, what they are offering, and what their strengths and weaknesses are. ...
Know your customers. ...
Differentiate. ...
Step up your marketing. ...
Update your image. ...
Look after your existing customers. ...
Target new markets. ...
Expand your offer.
What+is+the+future+worth+of+an+investment+that+starts+at+a+1000+in+year+one+and+increases+by+9%+per+year+for+20+years+at+a+10%+interest+rate?
To calculate the future worth of an investment that starts at $1000 in year one and increases by 9% per year for 20 years at a 10% interest rate, we can use the formula for compound interest.
First, let's calculate the future worth of the investment after 20 years.
The initial investment of $1000 increases by 9% every year, so we need to calculate the value after each year.
After the first year, the investment increases by 9% (1000 * 0.09 = $90), resulting in a total of $1000 + $90 = $1090.
To calculate the future worth after the second year, we apply the 9% increase to the previous year's value.
$1090 * 0.09 = $98.1
Therefore, the investment will be worth $1090 + $98.1 = $1188.1 after the second year.
We continue this process for each subsequent year, applying the 9% increase to the previous year's value.
After 20 years, the investment will have a future worth of $1000 * (1 + 0.09)^20 = $3379.08.
Next, we need to account for the 10% interest rate.
To find the final future worth, we need to calculate the compound interest on the $3379.08 over the 20-year period.
Using the compound interest formula, the future worth will be $3379.08 * (1 + 0.10)^20 = $8786.85.
Therefore, the future worth of the investment that starts at $1000 and increases by 9% per year for 20 years at a 10% interest rate is $8786.85.
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In three to four sentences, explain how wage discrimination results in unequal pay and how can this be corrected??!
Answer:
Well some people bosses of a business can discriminate people in many ways skin tone height anything honestly. It results in unequal pay because sometimes a boss will pay someone who has a specific skin tone more money then someone else who has the opposite skin tone. That's unequal pay and it can be corrected by making people aware of what there doing or protesting and boycotting the places that do this.
Answer:
Women are paid less because they have less potential in the eye of an employer. Although race or gender have nothing to do with work ethic, it takes a toll on minorities regardless. This can be corrected by paying employees based on the work they have done, rather than the work they might do.
Explanation:
For Hair Salon
How much funding do you think you need to run your business for 1 year? Why?
Answer:
100,000 for a building and expect to have an extra 40,000 for hair equipment.
Explanation:
Honesty there will be a difference depending on where you live. But even small office space can range from 100,000 to 600,000 and keep in mind that you will need to have anywhere from 40,000 to 250,000 for any hair equipment. Staring a business is not cheap but most people try to start their business off at home they work their way up the ladder to success.
Hope this helps and good luck!
VW’s decision to commit significant financial and R&D resources to electric vehicles can best be described as ____ approach to business ethics.
VW’s goal of being the world leader in electric vehicles together with its decision to devote large resources to the effort signals
When considering the implications of its decision to provide an electric version of its cars, VW
THE ONES I CHOSE ARE WRONG ANSWERS
The best approach to business ethics by VW's decision to commit significant financial and R&D resources to electric vehicles can be described as forward-looking business ethics.
Business ethics refers to the principles and values that guide behavior within a company or business organization to ensure that all stakeholders (customers, shareholders, employees, and the community at large) are treated with fairness and respect. Business ethics is the set of principles that guides an organization in achieving its objectives in a socially responsible and ethical manner. Volkswagen’s decision to commit significant financial and R&D resources to electric vehicles is an example of forward-looking business ethics. This is because the company has taken a proactive approach to addressing its environmental impact by investing in technology that reduces emissions and helps to mitigate climate change. Volkswagen's investment in electric vehicles demonstrates its commitment to the environment, which is one of the key drivers of corporate social responsibility. Volkswagen's decision to invest in electric vehicles is also an example of forward-looking business ethics because it demonstrates the company's willingness to adapt to changing consumer preferences and market trends. As more consumers demand electric vehicles, companies that fail to invest in this technology risk losing market share and becoming obsolete. Therefore, by investing in electric vehicles, Volkswagen is positioning itself as a leader in the automotive industry and ensuring its long-term success.
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Using the following prices, calculate the unit price to determine how much it would cost for 7 muffins and 14 juice boxes. $7. 74 for 6 muffins $5. 52 for 8 juice boxes a. $18. 69 b. $19. 89 c. $21. 91 d. $26. 52 Please select the best answer from the choices provided A B C D.
Answer: a
Explanation:
(1). Five {5} advantages of manual office equipment
(2). Five {5} disadvantage of manual office equipment
Advantages of manual office equipment:
Low cost
No electricity needed
Durable and reliable
Simple to use and maintain
Portable
Disadvantages of manual office equipment:
Time-consuming and physically demanding
Limited capabilities compared to electric equipment
Inaccurate results
Dependent on operator's skill
Not suitable for heavy-duty tasks
help
Heidi is attending an interview for the position of a childcare teacher. Which considerations should she keep in mind when she dresses for the interview?
Heidi should ensure that she wears business casual clothing because she may be asked to interact with the children. She should also ensure she is wearing a lot of jewelry to attract children. Heidi should ensure that her nails are short, because she might have to play with children. She should also ensure that her shoes are not clean, because she might get them dirty while playing with the children.
She needs to get her nails cut before the interview and should dress in business casual.
What qualifications do childcare teachers need?They use daily activities and lessons to educate toddlers and young children. Students in small groups will also receive additional support from a daycare teacher. A daycare teacher will also assist students who require more one-on-one time to learn lessons. In a daycare or preschool, a child care teacher works with younger kids. They have to watch over children and get them ready for kindergarten with a set schedule of play, rest, and activities. Taking care of their fundamental needs is one of these duties. Patience, sensitivity, and organisation are necessary traits. Usually, the work is done full-time.
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Suppose that the functions C(q), P(q) and R(q) give the total cost function, the total profit function and the revenue function for the sale of a newly published novel, where q books are sold. Further, suppose MC(q), MP(q) and MR(q) represent the marginal cost function, the marginal profit function and the marginal revenue function, respectively when q books are sold. If we know MC(410) = 2.7, MP(420) = 0.3 and MR(690) = 0.1, which of the following statements is correct? I. If the number of books published and sold increases from 420 to 421, then the total profit will increase by approximately $0.30. II. When 690 copies of the book are published and sold, total revenue is increasing at the rate of $0.10 per book. III. When 690 copies of the book are published and sold, the total revenue is decreasing at the rate of $0.10 per book. O a) None are correct ob) Only I is correct Oc) Only II and III are correct O d) Only II is correct Only I and III are correct f) All are correct g) Only I and II are correct o h) Only III is correct
The correct statement is: II. When 690 copies of the book are published and sold, total revenue is increasing at the rate of $0.10 per book.
The given information states that MR(690) = 0.1, which represents the marginal revenue when 690 books are sold. The marginal revenue indicates the change in total revenue when one additional book is sold. Since MR(690) = 0.1, it implies that for each additional book sold at this quantity, the total revenue increases by $0.10. Therefore, statement II is correct, indicating that when 690 copies of the book are published and sold, the total revenue is increasing at the rate of $0.10 per book.
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An organized group of laws is referred to as a code?
Answer:
laws. enforceable rules of conduct in a society. code. laws grouped into an organized form. common law.
In the Capacity Allocation problem with two classes, companies have to determine Group of answer choices How many discount customers should be allowed to book reservations How many full-fare customers should be postpone for later reservations How many full-fare customers are allowed to book reservations How many customers they should allow to book reservations
Answer:
The answer is "First Choice".
Explanation:
The capacity allocation implies assets within each instance; the instance is system activation. That location of resources that are subject to several optimization algorithm restrictions involves an extensive debris field whenever the status of each process is role transition, that's why the Firms must decide how often discount customers must be permitted to reserve for capacity distribution with 2 groups.
How do you give brainliest?
I cant figure it out.
Answer:
for example, click the crown next to my question :)
Explanation:
How does the Better Business Bureau effect the economy?
Answer:
Varies
Explanation:
It helps people find businesses that are trustworthy.
What should you do before giving contact information for your references to a potential employer? A. Notify references and get their permission. B. Write a follow-up letter. C. Research the company on its website. D. Introduce your references to each other. picor provided
Two benefits of self employment
Self-employment provides strong earning potential as people have more control over their own progression. Going hand-in-hand with the flexible lifestyle, individuals who work for themselves can go over and above to work long hours on some days, network, and reap the benefits of their hard work.
1. Explain the computation of the monetary multiplier.
Which of the following is most likely to create a long-term trend?
A. Fashion
B. Entertainment
C. Television shows
D. Demographics
Demographics is most likely to create a long-term trend. Demographics is the study of the characteristics of human populations, such as age, sex, education, income, and race. The correct answer is option D.
These factors have a significant impact on consumer behavior, and thus, they can create long-term trends in the marketplace. As people age, their preferences change, and they tend to consume different products and services. For example, as the baby boomer generation has aged, there has been a trend towards products and services that cater to their needs, such as retirement communities, healthcare, and leisure activities.
Additionally, changes in education, income, and race can create new trends in consumer behavior. For example, if there is an increase in the number of people with higher education degrees, this could lead to a trend towards products and services that cater to their needs, such as high-tech gadgets, gourmet foods, and luxury vacations. Therefore, demographics is most likely to create a long-term trend. The correct answer is option D.
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I have 1 F and 2 D's in my business class, Language arts, and science, because I have to study for another school which takes up a lot of my homework time. (Online School) Please help (┬┬﹏┬┬)
Answer:
I'm not sure how to help other than to tell you that you've got this! I am an AP and a dual-enrollment student, so I completely understand.
Which of the following measures the operating cash flow a project produces minus the necessary investment in operating capital, and is as valid for proposed new projects as it is for the firm's current operations?
a. Free cash flow
b. Operating cash flow
c. Investment in operating capital
d. Sunk cash flow
Free cash flow of the following measures the operating cash flow a project produces minus the necessary investment in operating capital.
How does investing work?An asset or object purchased with the intention of generating income or appreciation is referred to as an investment. The term "appreciation" describes a rise in an asset's worth over time. When a person buys a product as an investment, they don't intend to utilize it right away; instead, they plan to use it to make money later on.
As to why people invest,A great method to put your money to work and possibly increase your wealth is through investing. Your money may grow in value and outpace inflation with wise investing. The power of compounding and the risk-return trade-off are principally responsible for investing's higher growth potential.
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When governments allow one highly regulated business to control an
essential service, such as water treatment, they create:
A. a public oligopoly.
B. a natural monopoly.
C. restricted competition.
D. monopolistic competition.
The type of Monopoly that occurred when a regulated business is been given control on essential service is B: natural monopoly.
A natural monopoly can be regarded as a kind of monopoly that occurr, as a result of a single firm serving market at lower cost that is even lower than that of combination of two or more firms.It do occur when government give that control to a firm on essential service such as water treatment.
Therefore, option B is correct.
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Answer:
B. a natural monopoly.
Explanation:
9.true or false: the 2021 estate tax exemption is $12,060,000, the 2021 generation skipping tax exemption is $12,060,000 and the 2020 gift tax exemption is $11,700,000?
This is false that the 2021 estate tax exemption is $12,060,000, the 2021 generation skipping tax exemption is $12,060,000 and the 2020 gift tax exemption is $11,700,000.
An exemption is a sum of money that can be subtracted from a person's overall income to lower it. taxable earnings There are two types of exemptions that taxpayers may be able to claim: Personal exemptions, which normally allow taxpayers to claim themselves (and possibly their spouse).
The generation-skipping tax (GST), sometimes known as the generation-skipping transfer tax, forbids you from intentionally omitting your children from your estate plan in favor of younger generations in order to avoid any estate taxes that might be owed once your children pass away. Individuals will be exempt from GST taxes up to $11.7 million as of 2021, double that amount for married couples. The only value subject to that 40% tax is that which exceeds this exemption.
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which statements about grief are correct? select all that apply. grief can occur prior to a significant loss.
The correct statement about Grief are : Grief can be detrimental to a person's physical health.
Grief is anticipated whenever there is a significant loss.
Grief :
Grief is an intense emotional state that occurs after a significant loss, such as the death of a family member, the loss of a pet, etc.
Thus, one can conclude that grief is anticipated before a significant loss occurs. It is an inevitable state that an individual will go through. As such, it can be detrimental to an individual's physical health as the spirit can manifest spiritually. For example, a person may be angry and have a stomach ulcer or not eat, which affects their health. What we cannot assume is that everyone goes through the same stages of grief because everyone is different.
Grief and grief are not the same thing because grief is something the individual feels inside and grief is how they express that grief. Finally, an individual's pain is never predictable.
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True or False?
Social workers work at both the state and national level.