This businessman is most closely associated with horizontal integration where a large company buys out its competitors to dominate a market and can then set its own prices. A. John Rockefeller B. Andrew Carnegie C. Cornelius Vanderbilt D. Thomas Edison
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- If a firm’s resources and capabilities are costly to imitate because imitating firms may not understand the relationship between the resources and capabilities controlled by a firm and that firm’s competitive advantage, this competitive advantage is said to be protected from imitation byWhich of the following is NOT a reason for why land titling has failed to live up to its promises? a)It excludes renters b)It drives up land prices c)Banks often remain unwilling to give loans against informal houses even after they are titled d)Individuals who receive land titles refusing to sell their land to potential buyersPlease show all work and explain answer. OneRing Company sells memorabilia to residents of Middle-Earth. They are about to invest $6 million in a new ring making plant. Fixed costs of operating the plant are $1 million a year. The ring costs $60/unit to manufacture (variable cost) and will be sold for $200/unit. The plant will last for 5 years, and will be depreciated over 5 years to zero using the straight-line method. The plant will have no salvage value after five years. Net working capital requirements are negligible for this project. Assume there are no taxes in Middle-Earth, and that the appropriate discount rate for the project is ten percent. How many rings per year must OneRing sell in order to break even?
- that this model was devised by Michael Porter to describe forces that shape competition within an industry and help to identify strategic opportunities and threats. The stronger each of these forces is, the more established companies are limited in their ability to raise prices and gain greater profits. A strong competitive force is a threat because it depresses profits. A weak competitive force is an opportunity because it allows the company to earn greater returns. For each force, state the level of the threat (High, Moderate, or Low) and justify your answer. Use the facts provided and the rest you can make up using your imagination.Which of the following role is performed by a manager of an organization while entering into a contract with other companies? a. Entrepreneurial b. Negotiator c. Resource allocator d. Disturbance handler(1) A monopolistically competitive firm is earning positive economic profit. Which of the following must be true? A-The firm is not in long-run equilibrium. B-The firm is not producing where marginal revenue equals marginal cost. C-The firm is receiving a per-unit subsidy. D-The firm is operating with allocative efficiency. E-The firm's price is the level where marginal revenue equals marginal cost. (2)What is the key difference between monopolistic competition and an oligopoly market? A-In an oligopoly, the number of firms is so small they strategize their production interdependently. B-In monopolistic competition, the marginal revenue is beneath the demand curve because of market power. C-Oligopolies generally have a lower market concentration and a lower minimum efficient scale. D-Monopolistically competitive markets have more significant barriers to entry into and exit from the industry. E-Oligopolies see consistent economies of scale across their entire product demand.
- If there are two large firms, each with one-quarter of the market, and ten firms, each with one-twentieth of the market, in an industry, the market concentration ratio will be 12 40 10 60 50The stock and bond markets provide information to businesses through changes in prices. A decrease in the price of a firm's stock would tell managers which of the following? A. The cost of external funds has decreased. B. The cost of external funds has increased. C. Investors expect the firm to have lower profits in the future. D. Investors expect the firm to have higher profits in the future.Daniel is a father of four and works as a pilot with an airline industry. He was told that he is going to lose his job due to the COVID-19 pandemic. He is so worried and does not know whether to apply for a job somewhere else. He was trained as a pilot and has no proper academic qualification in other fields. His wife is not working and Daniel needs income to pay his monthly commitment and raise his family. He is now struggling to find another job and does not know what to do. Propose solution to the above mentioned problem and write a report based on the following. Identify the issue (s)/problem(s) of the case. Apply the FOUR stages in problem solving discussed in Topic 4 for the above case. Propose your solution based on the model and theory you have learned.
- Your company produces two types of products. One is in liquid form(highly toxic) and the other one is in packages. Your customer is located in Antalya and your company is located in Gebze region.The typical shipment method is tank truck and box type trucks. Considering these two alternative type of shipments, which one will have a higher cost and why? (Your answer is accepted in case you can back your decision with at least three sentences.) PLS JUST 3 OR 4 SENTENCES short answer.In your own words, describe what happens when firms and workers underestimate future prices in the economy. Focus your answer on what would happen to actual output as opposed to the expected potential output.Your response must be at least 500 words in length.Chris owes the bank $30. His friend Morgan owes the bank $18 Which inequality correctly expresses the relationship of the money they each owes ? Mark all that apply A -18>-30 B -1830 D -30