Lee Ann spotted, created, and exploited a(n) gap in the market for ride-sharing services for elderly customers that big companies had avoided. She quickly captured the market with her simpler, cheaper, more accessible, and more convenient services.
Lee Ann spotted a gap in the market for ride-sharing services for elderly customers that big companies had avoided. She created a business model that catered to the specific needs of this demographic, including simpler, cheaper, more accessible, and more convenient services.
By exploiting this gap in the market, Lee Ann was able to quickly capture the market share and establish her business as a leading provider of ride-sharing services for elderly customers.
The success of Lee Ann's business can be attributed to her ability to identify an unmet need in the market and create a solution that addressed this need.
Unlike larger companies that focused on maximizing profits and catering to a broad demographic, Lee Ann's business was focused solely on the needs of elderly customers. This allowed her to provide a more personalized and tailored service that was not available from other providers.
In addition to offering a more specialized service, Lee Ann's business was also able to offer lower prices and greater accessibility than larger companies.
By keeping overhead costs low and utilizing technology to streamline operations, Lee Ann was able to pass these savings on to her customers.
This made her services more accessible to elderly customers who may have been unable to afford or access traditional ride-sharing services.
Overall, Lee Ann's success in capturing the market for ride-sharing services for elderly customers highlights the importance of identifying unmet needs in the market and creating tailored solutions to meet these needs.
By focusing on the needs of a specific demographic and providing personalized, affordable, and accessible services, businesses can successfully compete with larger companies and establish themselves as leaders in their industry.
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Please briefly describe how a credit sale transaction could be separated into 4 different stages and assigned to 4 different departments (or groups of employees).
Marketers and business developers can more easily understand how each product or brand fits into a company's portfolio thanks to the product life cycle credit sale transaction could be separated into 4 different stages and assigned.
This makes it possible for the company to internally reallocate resources to different products depending on where those products are in the product life cycle.
Similar to how people have life cycles, products also do. The life cycle of a product goes through four stages: introduction, growth, maturity, and decline.The time from when a product is first made available to consumers until it is removed from the market is referred to as the "product life cycle." This concept is used by management and marketing experts as a deciding factor when deciding if it is appropriate to improve advertising, cut pricing, enter new markets, or change packaging.
Complete question:
Please briefly describe how a credit sale transaction could be separated into 4 different stages and assigned to 4 different departments (or groups of employees). of product life cycle.
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True or false: Salaries paid to selling and administrative employees are accounted for differently than wages paid to production workers.
True, Salaries paid to selling and administrative employees are accounted for differently than wages paid to production workers.
This is because selling and administrative expenses are considered as indirect costs and are not directly related to the production of goods. These expenses are recorded in the income statement as period expenses and are deducted from the company's revenue to arrive at net income.
On the other hand, wages paid to production workers are considered as direct costs because they are directly related to the production of goods.
These costs are included in the cost of goods sold and are deducted from the company's revenue to arrive at gross profit. It is important for companies to properly classify their expenses in order to accurately track their costs and profitability.
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If a small business owner takes out a loan to purchase a delivery van, where the delivery van is used as collateral for the loan, it is called a(n) _____. Multiple choice question. line of credit revolving credit agreement secured loan unsecured loan
The delivery van serves as collateral for the loan, making it a secured loan. If the borrower is unable to make loan payments, the lender can repossess the van and sell it to recoup their losses.
The type of loan that a small business owner takes out to purchase a delivery van, where the delivery van is used as collateral for the loan, is called a secured loan. A secured loan is a type of loan in which the borrower pledges collateral to the lender as a form of security in case the borrower defaults on the loan. The collateral could be a physical asset, such as property, inventory, or equipment. In this case, the delivery van serves as collateral for the loan. If the borrower defaults on the loan, the lender has the right to seize the delivery van and sell it to recover the outstanding debt. Secured loans usually offer lower interest rates compared to unsecured loans because they pose a lower risk to the lender.
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When using equity financing, firms run the risk of ________. Group of answer choices diluting the firm's ownership regular monthly payments of principal and interest incurring a high debt ratio severe penalties for late or missed payments of interest
When using equity financing, firms run the risk of diluting the firm's ownership. Equity financing involves selling a portion of the ownership of the company to investors in exchange for funding.
This means that the more equity financing a company receives, the more ownership is diluted among the investors. This can result in the original owners having less control over the company and potentially losing their majority stake. However, equity financing does not involve regular monthly payments of principal and interest like debt financing, nor does it result in incurring a high debt ratio or severe penalties for late or missed payments of interest.
Equity financing involves raising capital by selling ownership shares or stocks in the company. When more shares are issued, the ownership stake of existing shareholders is reduced or diluted. This dilution can result in a loss of control and decision-making power for the original owners, as they now have a smaller percentage of ownership in the company.
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A small motel operation with 50 rooms has an average yearly occupancy rate of 74%. The forecasted sales revenue for the coming year is $842,712. What is the average room rate expected to be
To calculate the average room rate, the average room rate expected for the coming year is $62.43 per room per night. We need to use the occupancy rate and the forecasted sales revenue.
First, we need to calculate the total number of rooms occupied in a year:
Total occupied rooms = 50 rooms x 74% occupancy rate = 37 rooms per night. Next, we need to calculate the total revenue generated per night:
Revenue per night = Forecasted sales revenue / 365 nights = $842,712 / 365 = $2,307.65 per night
Finally, we can calculate the average room rate by dividing the revenue per night by the total number of rooms occupied: Average room rate = Revenue per night / Total occupied rooms = $2,307.65 / 37 rooms = $62.43 per room per night.
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With a high level of organizational commitment, employees will have greater ________ outcomes toward pursuing organizational goals and decisions.
With a high level of organizational commitment, employees will have greater motivational outcomes toward pursuing organizational goals and decisions.
Organizational commitment is the degree to which employees identify with and are dedicated to their organization's goals and values. This commitment can foster a sense of loyalty and attachment, making employees more motivated to contribute positively to their organization's success.
Increased motivation resulting from a strong organizational commitment often leads to higher job satisfaction, productivity, and lower turnover rates. When employees feel connected to their organization, they are more likely to take pride in their work and become advocates for the company's objectives. This sense of belonging and identification can lead to a more cohesive and collaborative work environment, where employees are driven to support one another in achieving common goals.
Moreover, high levels of commitment can encourage employees to go the extra mile and invest more time and effort into their work, leading to improved overall performance. Such dedication can also foster a growth mindset, as employees may be more willing to accept feedback and continuously learn and develop their skills to further benefit the organization.
In summary, a high level of organizational commitment can lead to greater motivational outcomes for employees, resulting in increased job satisfaction, productivity, and alignment with organizational goals and decisions.
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Four years ago, Evelyn created an irrevocable life insurance trust, transferred a life insurance policy that named her as the insured to the trust, and funded it with interest-bearing bonds. Income from trust assets is used to pay the premiums on the life insurance policy. The beneficiary of the trust is Evelyn's son, Bruce. The trustee is the trust department of a bank. What is one advantage of this trust arrangement for Evelyn
One advantage of creating an irrevocable life insurance trust for Evelyn is that it allows her to remove the life insurance policy from her estate, reducing her estate tax liability.
Since the trust is irrevocable, Evelyn has permanently relinquished control and ownership of the policy and the trust assets. Therefore, the policy's death benefit will not be included in her taxable estate upon her death. Moreover, the trust arrangement allows for efficient management of the policy and trust assets by a professional trustee. The trustee can invest the trust assets in a diversified portfolio and ensure that the premiums are paid on time, ensuring that the policy remains in force. Additionally, the trust structure ensures that the death benefit is paid directly to the trust and not to Evelyn's estate or Bruce, which can avoid potential creditor claims, estate taxes, or probate costs.
Furthermore, creating an irrevocable life insurance trust can provide asset protection for the policy's death benefit. Since the trust is irrevocable, the death benefit is not subject to claims from creditors or lawsuits against Evelyn or Bruce. The trust can also provide for the management of the policy proceeds if Bruce is a minor or lacks the capacity to manage the funds. Overall, creating an irrevocable life insurance trust can provide significant benefits for Evelyn, including estate tax savings, professional management of the trust assets, and asset protection for the policy's death benefit.
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when the government attempts to cover large deficits by creating more money what is the probable result called
When the government attempts to cover large deficits by creating more money, it is likely to result in an increase in the money supply and inflation, which is called "monetizing the debt".
This occurs when the government prints more money to pay off its debts or finances its spending, which can lead to an excess supply of money in the economy. This, in turn, can lead to higher prices for goods and services as the value of money decreases.
As prices increase, people will demand higher wages, leading to higher production costs, and further inflation, creating a cycle of rising prices and wages, which is often difficult to control.
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Amazon uses different prices for the products that are purchased from the company - often for the speed of the shipping. What is the name of this pricing scheme
The pricing scheme that Amazon uses for different prices on products based on the speed of shipping is called dynamic pricing.
Dynamic pricing is a strategy that involves setting flexible prices for goods or services based on market demand, inventory levels, and other factors. In the case of Amazon, the price of a product may vary depending on the speed of shipping that the customer chooses, as faster shipping options may cost more due to the increased cost of expedited shipping. Dynamic pricing is a common strategy used by many companies to optimize their revenue by charging different prices to different customers based on various factors. It allows companies to adjust prices in real-time to maximize profits while also meeting customer demand.
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Firm J purchased a depreciable business asset for $62,500. Assuming the firm uses the half-year convention, compute its first-year MACRS depreciation if the asset is:
The first-year MACRS depreciation for a $62,500 depreciable business asset using the half-year convention and falling into the 5-year recovery period category is $6,250.
What's the MACRS first-year depreciation?To calculate the MACRS depreciation, we need to determine the asset's recovery period and the applicable depreciation rates.
The recovery period depends on the asset's classification under the Modified Accelerated Cost Recovery System (MACRS). The asset's classification is determined by its specific type and the industry in which it is used. Assuming that the asset falls into the 5-year recovery period category, the applicable depreciation rates for the first year are as follows:
Year 1: 20.00%
Using the half-year convention means that the asset is considered to have been placed in service at the midpoint of the tax year, regardless of the actual date of purchase. Thus, only half of the first-year depreciation rate applies to the asset's first year of service.
Therefore, the first-year MACRS depreciation for the asset is:
= (20% / 2) x $62,500
= 0.10 x $62,500
= $6,250
So, the first-year MACRS depreciation for the asset is $6,250.
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During the Great Depression, some people would withdraw all of their cash from the bank and hide it under their mattress rather than risk losing it. This is an example of which function of money
This is an example of the function of money known as a store of value. People used cash as a means to store their wealth and preserve its purchasing power during a time of economic uncertainty and instability.
However, this method of storing money is not without risk, as it leaves the money vulnerable to theft, fire, or other forms of loss. During the Great Depression, some people would withdraw all of their cash from the bank and hide it under their mattress rather than risk losing it.
This is an example of the store of value function of money. The store of value function allows people to save and store their wealth for future use. In this case, people were protecting their wealth by keeping it in a physical form (cash) and storing it safely under their mattress.
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Bhavik needs to address overcapacity at his plant, but he wants to avoid inappropriate assumptions and common pitfalls associated with making decisions. He wants his approach to be based on logic and sound reasoning. He also expects that his strongly held belief in benchmarking will enhance the quality of his decision. Which decision-making model should Bhavik use in this situation
A rational decision-making model that incorporates benchmarking would be the most appropriate approach for Bhavik to address overcapacity at his plant.
Based on the information provided, Bhavik should use a rational decision-making model that incorporates benchmarking. A rational decision-making model involves a systematic, step-by-step approach to decision-making, which includes identifying the problem, gathering information, generating alternative solutions, evaluating the alternatives, selecting the best alternative, and implementing and monitoring the chosen solution.
In Bhavik's case, he needs to address overcapacity at his plant, and he wants to avoid inappropriate assumptions and common pitfalls associated with making decisions. By using a rational decision-making model, he can ensure that he is using logic and sound reasoning to make his decision. Incorporating benchmarking into the decision-making process can also enhance the quality of the decision. Benchmarking involves comparing performance against industry standards or best practices in order to identify areas for improvement. By benchmarking his plant against other similar plants, Bhavik can gain insights into how other companies have addressed similar issues of overcapacity and identify potential solutions that have been successful in other contexts.
Therefore, a rational decision-making model that incorporates benchmarking would be the most appropriate approach for Bhavik to address overcapacity at his plant.
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Accounts payable represents amounts a business must pay in the future. Accounts payable is known as a(n) __________.
Answer:
liability.
Explanation:
Liabilities are the legal debts a company owes to third-party creditors. They can include accounts payable, notes payable and bank debt. All businesses must take on liabilities in order to operate and grow. A proper balance of liabilities and equity provides a stable foundation for a company.
Accounts payable represents amounts a business must pay in the future. Accounts payable is known as a(n) liability.
What do you mean by Liability?Accounts payable represents amounts a business must pay in the future. Accounts payable is known as a(n) liability.
Therefore, our dues to others or anything against which we are to pay money or render services is known as liabilities. Examples of Liabilities are Accounting PAYABLE, Notes PAYABLE, Accrued expenses and Interest PAYABLE.
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Explain that withholding extra tax is not a good financial decision Request that the employee note the additional withholding on an I-9 form Ask the employee to send a request in writing to the HR team Ask the employee to add the additional amount to withhold to a new W-4
Withholding extra tax is not a good financial decision because it means giving the government an interest-free loan with your money.
If you are over-withholding, you will receive a refund at tax time, but that money could have been put to better use throughout the year, such as investing or paying off debt.
If an employee wants to withhold extra tax, they should note the additional amount on their I-9 form and request it in writing to the HR team.
It's important to keep in mind that adding more withholding to your W-4 can only be done to cover anticipated taxes on additional income. In any case, it's important to be intentional with your money and not give more than necessary to the government.
It's always a good idea to consult with a financial advisor or tax professional to ensure that you're making the best decisions for your individual financial situation.
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Spot interest rates and yields. A 6% six-year bond yields 12% and a 10% six-year bond yields 8%. Calculate the six-year spot rate. Assume annual coupon payments. (Hint: What would be your cash flows if you bought 1.2 10% bonds
The six-year spot rate in this scenario is 4.71%. Spot interest rates and yields are important concepts in finance that relate to the pricing and valuation of bonds.
In this scenario, we are given two bonds with different coupon rates and yields. The first bond has a coupon rate of 6% and a yield of 12%, while the second bond has a coupon rate of 10% and a yield of 8%. To calculate the six-year spot rate, we need to use the following formula:
(1 + r)⁶ = (1 + 0.12)⁻¹ × 1.06 + (1 + 0.08)⁻¹× 1.10
Simplifying the equation, we get:
r = (1.06/1.12) [tex]^{1/6}[/tex] × (1.10/1.08)[tex]^{1/6}[/tex] - 1
r = 0.0471 or 4.71%
Therefore, the six-year spot rate is 4.71%.
In summary, the six-year spot rate can be calculated by using the coupon rates and yields of two different bonds to solve for the implied interest rate that applies to a single cash flow in the future. The spot rate is an important factor in bond pricing and valuation, as it helps investors to determine the fair value of a bond based on its cash flows and the prevailing interest rate environment.
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Which two promotional alternatives benefit from a customized interaction between the seller and a prospective buyer
The two promotional alternatives that benefit from a customized interaction between the seller and a prospective buyer are personal selling and direct marketing.
Personal selling involves face-to-face communication between the seller and the buyer, allowing for customized and personalized interaction. It is a type of advertising where the salesman employs their knowledge and talents in an effort to close a deal.
Direct marketing, such as email marketing or targeted advertising, also allows for a customized approach based on the buyer's preferences and behaviors. Direct marketing differs from advertising in that direct marketing focuses on one-to-one communication with customers.
Both of these promotional alternatives allow for a tailored approach that can lead to increased sales and customer loyalty.
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It is important to include re-use as an objective in the initial product design process to make it more effective A. True B. False
The correct answer is A. True. It is important to include re-use as an objective in the initial product design process to make it more effective.
It is important to consider re-use as an objective in the initial product design process for several reasons. First, it helps to minimize waste and conserve resources by ensuring that the product can be used for a longer period of time or repurposed for a different use. Second, it can help to reduce the environmental impact of the product by decreasing the need for new materials and energy to produce a new item. Third, it can also provide economic benefits by reducing production costs and increasing the potential for revenue from secondary markets. Designing for re-use can be achieved through several strategies such as designing for disassembly, using modular components, and incorporating durable materials. By considering these factors early in the design process, the product can be optimized for re-use and create a more sustainable product lifecycle. Furthermore, by incorporating re-use into the product design process, it can also create a competitive advantage for the company by demonstrating a commitment to sustainability and social responsibility. Therefore, including re-use as an objective in the initial product design process is an important step towards creating a more effective and sustainable product.
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Economists would say that the decisions we make are influenced by Group of answer choices societal demands. output costs. trade-offs.
Economists recognize that the decisions we make are influenced by trade-offs, societal demands, and output costs. Understanding these factors can help us make more informed and rational choices in our personal and professional lives.
Trade-offs refer to the choices we make when we have limited resources, such as time or money, and must decide between two or more competing alternatives. In making a decision, we must weigh the benefits of one option against the potential costs of the other(s). This concept is often illustrated by the phrase "there's no such thing as a free lunch," which means that every decision has a cost, even if it's not immediately apparent.
Societal demands play a role in shaping our decisions, as we often make choices based on the expectations and norms of the society we live in. For example, people might decide to pursue higher education because it's considered a valuable and necessary step towards a successful career. Societal demands can also influence consumer choices, as trends and popular opinions can sway individuals towards certain products or services.
Output costs refer to the expenses associated with producing a good or service, which can impact our decisions as well. These costs can include labor, materials, and other resources needed to create a product. When output costs are high, it can lead to higher prices for consumers, which may cause them to choose an alternative option. Additionally, companies might decide to reduce output costs by seeking cheaper labor or more efficient production methods.
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A liability can be recorded, even if there is uncertainty of when to pay, how much to pay, or whom to pay. True false question.
The statement "A liability can be recorded, even if there is uncertainty of when to pay, how much to pay, or whom to pay" is true.
To provide a step-by-step explanation:
1. A liability is an obligation that a company has to pay or fulfill in the future, usually resulting from past transactions or events.
2. In accounting, liabilities are recorded on the balance sheet, which reflects the company's financial position at a specific point in time.
3. When recording a liability, it is crucial to use the best available information to estimate the amount, the due date, and the payee.
4. Even if there is uncertainty in these factors, accounting standards often require companies to record a liability if it is probable that the obligation exists and the amount can be reasonably estimated.
5. Recording a liability, despite uncertainties, ensures that the company's financial statements reflect its true financial position and provide relevant information for decision-making.
In summary, a liability can be recorded even with uncertainties regarding the payment details, as long as it is probable and can be reasonably estimated.
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Erna Company is expected to pay a dividend of $2.39 one year from today and $2.54 two years from today. The company's sales in two years are expected to be $15,400,000. The company has a PS ratio of 1.57 times, and 521,000 shares outstanding. If the required return on the company's stock is 10.3 percent, what is the current stock price
Based on the information provided, we can use the dividend discount model to calculate the current stock price of Erna Company. First, we need to calculate the present value of future dividends using the required return of 10.3 percent as the discount rate. The current stock price of Erna Company is $18.83.
The present value of the first dividend payment of $2.39 one year from today is: $2.39 / (1 + 0.103) = $2.17
The present value of the second dividend payment of $2.54 two years from today is: $2.54 / (1 + 0.103) ^ 2 = $2.07
Next, we need to calculate the present value of future sales using the company's PS ratio of 1.57 times.
Present value of future sales = $15,400,000 / 1.57 = $9,811,688
Now, we can calculate the total present value of the company:
Total PV = PV of dividends + PV of future sales
Total PV = $2.17 + $2.07 + $9,811,688
Total PV = $9,813,867
Finally, we can calculate the current stock price by dividing the total present value by the number of outstanding shares:
Current stock price = Total PV / Number of shares
Current stock price = $9,813,867 / 521,000
Current stock price = $18.83
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Per capita, Americans produce _____ amount of solid waste produced by most less-developed countries.
Per capita, Americans produce a significantly higher amount of solid waste compared to most less-developed countries.
In fact, according to the World Bank, the United States generates approximately 2.6 kilograms of municipal solid waste per person per day, which is almost double the global average of 1.4 kilograms per person per day. This is due to a variety of factors including a high standard of living, a culture of consumerism, and a lack of emphasis on recycling and waste reduction. Furthermore, the United States is responsible for a significant amount of global waste production, with Americans generating more than 239 million tons of solid waste annually. This has significant environmental and health impacts, including pollution of water and air, soil contamination, and greenhouse gas emissions. While there have been efforts to increase recycling and waste reduction, there is still much work to be done to address the issue of solid waste production in the United States and around the world.
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You can think of the result in any one game as being Rajiv’s marginal free-throw percentage. Based on your previous answer, you can deduce that when Rajiv’s marginal free-throw percentage is below the average, the average must be
In relation to Rajiv's marginal free-throw percentage, when it is below the average, this implies that his performance in that particular game is not as good as his overall average. The average free-throw percentage is calculated by dividing the total successful free throws by the total attempted free throws across all games.
Marginal free-throw percentage is the percentage of free throws made by a player in a particular game.
So, if we consider the result of a single game as Rajiv's marginal free-throw percentage, we can say that it is either above or below the average free-throw percentage.Now, if Rajiv's marginal free-throw percentage is below the average, we can deduce that the average free-throw percentage must be higher than Rajiv's percentage. This is because the average is calculated by taking the sum of all free throws made by all players and dividing it by the total number of free throws attempted.If Rajiv's percentage is below the average, it means that he made fewer free throws than the average player. This would bring down the average free-throw percentage. Therefore, the average must be higher than Rajiv's marginal free-throw percentage if it is below the average.In summary, if Rajiv's marginal free-throw percentage is below the average, we can conclude that the average free-throw percentage is higher than Rajiv's percentage.Know more about the free-throw percentage
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A broker, acting as agent for the seller, presents an offer to buy from the broker's former college roommate. The broker knows that the buyer will increase the amount of the offer if the seller turns down the offer. When presenting the offer, the broker should
True or False: If Tim's Fire Engines were a competitive firm instead and $160,000 were the market price for an engine, decreasing its price from $160,000 to $120,000 would result in the same change in the production quantity and, thus, total revenue.
False. If Tim's Fire Engines were a competitive firm, decreasing its price from $160,000 to $120,000 would lead to an increase in the quantity demanded, as it would make Tim's Fire Engines relatively cheaper compared to other firms in the market. However, the increase in the quantity demanded would not be the same as in the monopoly case, as there are other firms in the market that can also supply fire engines at a lower price. Therefore, the change in production quantity and total revenue would not be the same as in the monopoly case.
False. If Tim's Fire Engines were a competitive firm and the market price for an engine was $160,000, decreasing its price to $120,000 would not result in the same change in production quantity and total revenue. In a competitive market, firms are price takers, which means they must accept the market price for their product. Lowering the price would not necessarily lead to a higher production quantity or an increase in total revenue since other firms would also lower their prices to remain competitive.
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In oligopolistic industries, what two advantages often prompt rivals to imitate a leading firm that has entered a foreign country through FDI
In oligopolistic industries, two advantages often prompt rivals to imitate a leading firm that has entered a foreign country through Foreign Direct Investment (FDI). These advantages are the first-mover advantage and the spillover effect.
1. First-mover advantage: When a leading firm in an oligopolistic industry enters a foreign market through FDI, it establishes a strong presence in that market before its competitors.
This early entry allows the firm to gain a competitive edge by acquiring valuable resources, establishing relationships with local suppliers, and building brand recognition among consumers. Rival firms, recognizing these benefits, often follow suit by investing in the foreign market to maintain their competitiveness and not be left behind in the market share.
2. Spillover effect: When a leading firm enters a foreign market through FDI, it often brings along advanced technologies, management practices, and innovative business strategies. These advancements can spill over to the local market, benefiting not only the investing firm but also its competitors.
Rival firms may imitate the leading firm by also entering the foreign market through FDI, hoping to capitalize on these spillover effects to improve their own operations and competitiveness.
In conclusion, the first-mover advantage and the spillover effect are two key factors that prompt rivals in oligopolistic industries to imitate a leading firm that has entered a foreign country through FDI. By doing so, they aim to maintain or enhance their competitive position in the global market.
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After an employee was overheard by a client in a public setting, talking about the client's confidential information, the CEO sent out a companywide e-mail reminding all employees of the need for confidentiality. The e-mail was a(n) __________ communication.
Answer:
boundaryless
Explanation:
After an employee was overheard by a client in a public setting, talking about the client's confidential information, the CEO sent out a companywide e-mail reminding all employees of the need for confidentiality. The e-mail was a(n) formal communication.
The e-mail sent by the CEO to all employees of the company was a form of communication. Formal communication is a type of communication that is structured, planned, and follows specific protocols or procedures. It is used to convey important information, instructions, or messages within an organization. In this case, the CEO used formal communication to remind all employees of the need for confidentiality and the consequences of breaching the client's trust. The CEO's e-mail can also be classified as an official communication, as it came from a higher authority figure within the company.
This type of communication is used to convey important information that affects the entire organization. The CEO's e-mail was meant to remind all employees of their responsibilities regarding confidential information, and to emphasize the importance of maintaining the trust of their clients. Overall, the CEO's e-mail was an effective way to address the issue of confidentiality breach, and to remind all employees of the importance of maintaining confidentiality in their interactions with clients.
It served as a reminder that all employees have a responsibility to protect the confidential information of their clients, and that such breaches can have serious consequences.
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When using the indirect method, ______ an increase in Deferred Revenue to net income allows the inclusion of transactions that increase cash, but do not impact net income.
When using the indirect method, adding an increase in Deferred Revenue to net income allows the inclusion of transactions that increase cash, but do not impact net income.
The indirect method is a way of preparing the operating section of the statement of cash flows that starts with net income and adjusts it for non-cash transactions and changes in current assets and liabilities. Deferred revenue is a liability account that represents cash received from customers for goods or services that have not yet been provided. An increase in deferred revenue indicates that cash has been received, but the revenue has not yet been earned. By adding the increase in deferred revenue to net income, the indirect method allows the inclusion of transactions that increase cash, but do not impact net income. This helps to provide a more accurate picture of the company's cash flows from operating activities.
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A company will choose to locate near break-of-bulk points when they use more than one _____________________________. Question 11 options: consumer market energy supply mode of transportation raw material
A company will choose to locate near break-of-bulk points when they use more than one mode of transportation Question 11 options: consumer market energy supply mode of transportation raw material
When a company uses more than one mode of transportation, it becomes necessary to locate near break-of-bulk points. These points are where cargo is transferred from one mode of transportation to another, such as from a ship to a truck or a train. By locating near these points, companies can reduce transportation costs, minimize transit times, and improve the efficiency of their supply chains.
In addition to reducing transportation costs, companies that locate near break-of-bulk points can also benefit from access to raw materials and energy supplies. Many break-of-bulk points are located near natural resources or energy sources, which can provide a reliable and cost-effective supply of inputs for production. Furthermore, locating near break-of-bulk points can help companies gain access to new consumer markets, as they can quickly and easily transport goods to different regions and countries.
Overall, locating near break-of-bulk points can provide significant benefits for companies that use multiple modes of transportation. By strategically choosing a location near these points, companies can improve their supply chain efficiency, reduce costs, and gain access to important resources and markets.
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Explain what method you used to map the Entity Types and specializations Journal of E-commerce Research Knowledge
To map the Entity Types and specializations for the Journal of E-commerce Research Knowledge, I used a combination of techniques including data modeling and entity relationship diagrams.
This allowed me to visually represent the different entities and their relationships with one another in a clear and detailed manner. Firstly, I identified the main Entity Types for the Journal of E-commerce Research Knowledge, which included authors, articles, reviewers, and editors.
Each of these Entity Types had its own set of attributes that were specific to their role and function within the journal. Next, I identified the specializations within each Entity Type. For example, within the author Entity Type, there were subtypes such as lead author and co-author.
Similarly, within the reviewer Entity Type, there were subtypes such as regular reviewer and guest reviewer. To represent these Entity Types and specializations in a clear and organized way, I created an entity relationship diagram. This diagram included all of the Entity Types and their attributes, as well as the relationships between them.
For example, the article Entity Type had relationships with the author, reviewer, and editor Entity Types. Overall, the method I used to map the Entity Types and specializations for the Journal of E-commerce Research Knowledge involved a thorough analysis of the different roles and functions within the journal, followed by the creation of an entity relationship diagram to represent these relationships in a detailed and organized manner.
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U.S. state versus federal law makes this issue particularly complex. What are other examples of industries where U.S. state and federal law are seemingly at odds
Industries where U.S. state and federal law can conflict or seem at odds are Marijuana, Gun control, Healthcare, Environmental regulations, Internet privacy.
There are several examples of industries where U.S. state and federal law can conflict or seem at odds:
Marijuana: While some states have legalized marijuana for both medical and recreational purposes, it remains illegal under federal law. This creates legal and financial challenges for businesses operating in the marijuana industry, as they cannot access traditional banking services or deduct business expenses from their federal taxes.
Gun control: States have varying laws on gun ownership and regulations, but federal law sets some minimum standards. The conflict between state and federal law on gun control can lead to confusion and controversy, especially after mass shootings.
Healthcare: The Affordable Care Act (ACA) is a federal law, but states have some flexibility in implementing its provisions. Some states have refused to expand Medicaid or have implemented other changes that conflict with federal guidelines.
Environmental regulations: States have their own environmental regulations, but federal regulations can be stricter. This can create challenges for businesses operating in multiple states and trying to comply with different standards.
Internet privacy: Some states have passed laws regulating internet privacy and data protection, but there is no federal law on the matter. This can create confusion for businesses operating across state lines and trying to comply with different regulations.
These are just a few examples of industries where U.S. state and federal law can conflict or seem at odds.
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