With reference to the case below, you are required to apply the relevant External Analysis model that best fits regarding the rivalry that is rife between the brands. Apply the model and discuss at least two of the relevant constructs. You might include in your answer how a new entrant might disrupt the industry.
The Case
Mercedes Benz, BMW, and Audi have long been direct competitors in the German luxury performance car market. They are renowned for their ‘German engineering’, which is well-known for its quality and reliability throughout the world. Whilst all three sell their products world-wide, thus compete with all other car brands on the global market, their similarity and home base make them fierce competitors against each other whilst simultaneously appearing to the rest as a powerful collective block.
Each of them offers products in all three market segments, namely large, medium, and small luxury performance cars. All three are benefitting from fast economic growth in non-traditional markets, such as China, Singapore, Malaysia, etc. In response to the growth in demand, all three are investing in China to expand production and sales.
To continue to service their more traditional Western markets, each brand is introducing new models so as to continue to grow sales closer to home. Their strategies include lower-priced models that appeal to younger and/or less-affluent buyers, in an effort to capture some of Ford and GM’s market share, particularly in the USA. Honda and Toyota are also being targeted by the likes of Audi’s A3 Sedan. BMW developed a lower-priced version of its 320 series, and Mercedes offered the CLA four cylinder, competitively-priced smaller car.
It could be argued that BMW was first to see the potential for smaller German luxury cars that did not have price as a barrier to entry when they took over Mini and branded it as a mini-BMW.
Diesel engines appear to be more popular in China as well as the USA. It is interesting to note that Mercedes, Audi, and BMW joined forces in the creation of a website, called clearlybetterdiesel that promotes diesel’s fuel economy and reduced environmental impact.
To better serve the needs of younger customers, all three companies are rethinking their designs, everything from in-dashboard entertainment and smartphone-driven multimedia systems, to a renewed emphasis on fuel efficiency, as opposed to horsepower.
As is often the case with strategic groups, the rivalry between these three German luxury performance car brands has continued over many decades and we can anticipate that it may remain as intense into the future. It has been speculated that the one thing that could impact them all significantly would be the emergence of another global luxury brand that employs a disruptive technology.
Please answer in less than 400 words
Answers
A new entrant that employs a disruptive technology could significantly impact the three brands, and this could force them to change their strategy. For instance, BMW was first to see the potential for smaller German luxury cars that did not have price as a barrier to entry when they took over Mini and branded it as a mini-BMW. A new entrant could disrupt the industry by introducing a new disruptive technology that forces the three brands to change their strategies.
The external analysis model that best fits regarding the rivalry that is rife between the brands is Porter's Five Forces Model.
Porter's Five Forces ModelPorter's Five Forces Model is an external analysis model used to evaluate an industry's attractiveness and competitive forces.
It consists of five constructs that are necessary to analyze the competitive environment of an industry.
These five constructs are as follows:Threat of new entrantsBargaining power of buyersBargaining power of suppliersThreat of substitute products or servicesRivalry among existing competitorsThe rivalry between Mercedes Benz, BMW, and Audi is strong and intense because all three companies sell their products worldwide, thus compete with all other car brands on the global market.
The following are two relevant constructs that impact the rivalry between these three companies.
Bargaining power of buyers: In the automobile industry, customers have a significant bargaining power.
This is because of the availability of numerous automobile options in the market. Customers can easily switch to another brand if the current brand fails to meet their requirements.
In this case, the three brands are introducing new models and lower-priced models that appeal to younger and/or less-affluent buyers, to capture some of Ford and GM’s market share.
To better serve the needs of younger customers, all three companies are rethinking their designs, everything from in-dashboard entertainment and smartphone-driven multimedia systems, to a renewed emphasis on fuel efficiency, as opposed to horsepower.
Threat of new entrants: The threat of new entrants is low in the automobile industry. This is because of the high initial capital investments required, the cost of manufacturing, and the complex manufacturing process involved.
In addition, the existing brands are also established, which makes it hard for new entrants to enter the market and succeed.
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Related Questions
Question 14 Photosynthetic organisms use sulphides to make organic matter and energy True False Question 15 Carnivores are primary consumers True False Question 16 Convergent evolution arises when new species arise with traits that differentiate them from their ancestors to better compete in their environment. True False Question 17 The most effective types of tools to control invasive species populations are chemical and biological True False Question 18 Insects are generally K-selected species True False Question 19 A species fundamental niche allows it to fulfill all its roles or use all resources at its disposal True False Question 20 Parasites are always found in or within close contact of their hosts True False Question 30 Disruptive selection of traits typically drives the prevalence of a feature in one direction. True False
Answers
Question 14: Photosynthetic organisms use sulphides to make organic matter and energy False
Photosynthetic organisms like plants, algae, and some bacteria use sunlight to produce organic matter and energy. Sulphides are not used by photosynthetic organisms to make organic matter and energy. Question 15: Carnivores are primary consumers False Carnivores are the secondary consumers that feed on primary consumers. Primary consumers are herbivores that feed on producers (plants). Question 16: Convergent evolution arises when new species arise with traits that differentiate them from their ancestors to better compete in their environment. True Convergent evolution is a process whereby organisms evolve to become more similar in appearance, function, or behavior to other organisms, even though they are not closely related to each other. This phenomenon arises when new species arise with traits that differentiate them from their ancestors to better compete in their environment. Question 17: The most effective types of tools to control invasive species populations are chemical and biological False The most effective way to control invasive species populations is through the integrated pest management technique, which combines different control strategies, including biological, chemical, and physical control. Question 18: Insects are generally K-selected species False Insects are usually r-selected species because they have a high reproductive rate, short gestation periods, and small body sizes. Question 19: A species' fundamental niche allows it to fulfill all its roles or use all resources at its disposal False A species' fundamental niche is the range of conditions that a species can tolerate and the resources that it can access without competition from other species. The realized niche is the actual range of conditions that a species occupies when competition is present. Question 20: Parasites are always found in or within close contact with their hosts True Parasites are organisms that live in or on another organism called the host, from which they obtain their nutrition. Hence, they are always found in or within close contact with their hosts. Question 30: Disruptive selection of traits typically drives the prevalence of a feature in one direction. False Disruptive selection is a natural selection process that drives the prevalence of a feature in two different directions. This process causes individuals with average or intermediate traits to be selected against, while those with extreme traits are favored.
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Assignment 2
(20 points)
Assignment 2: Costs and Profit
Instructions
Answers
I'm sorry, I don't know what you mean. Please attach a photo/add the instructions!! Sorry
Answer:
can u please upload it
Explanation:
If the economy is at a point on the short-run Phillips Curve such as point c3, firms and workers will ____, allowing the economy to move toward the long-run Phillips Curve
Answers
The firms and workers will adjust their inflation expectations upward at at a point on the short-run Phillips Curve and thus. allowing the economy to move toward the long-run Phillips Curve.
What is the short-run Phillips Curve?As the Phillips curve is a graphic representation that depict the relationship between the rate of unemployment and rate of change of money wages, the short-run graph will show that in the short-term, there is a tradeoff between inflation and unemployment.
However, when the economy is a point on the short-run Phillips Curve, decision may be made by firms and workers to adjust their inflation expectations upward and this will allow the economy to move toward the long-run Phillips Curve.
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what are factors affect demand for labour
Answers
The factors that effect demand for labour are:
The quantity of a produt that labor produces
A change in the production process that uses more or less labor
A change in goverment policy that effects the quantity of labor
While washing his hands before the client consultation with Chloe, Jayden dripped some water onto the countertop. When he came back later to wipe it up, it had evaporated. What happened to the drops of water?
Answers
Answer:
they changed their state to a gas
Explanation:
Remember, the three basic states of matter are;
solid,liquid,and gas.So, as the time when Jayden dripped some water onto the countertop, they were in a liquid state. However, due to the heat present in the atmosphere, these drops of water escaped (evaporated) into the gaseous form (i.e they became water vapor).
At what point do you calculate the gain/loss on an asset for tax purposes?A. Every year you must report your unrealized and realized gain/losses on your tax return.B. Only in the year the asset is sold.C. At any time the asset's fair market value changes.D. Only when the IRS asks for it.
Answers
To calculate the gain/loss on an asset for tax purposes, you would only need to report it in the year the asset is sold. Option B is correct. This is because the gain or loss becomes realized once the asset is sold, meaning the profit or loss has actually occurred and is no longer a potential or "unrealized" gain/loss.
1. Determine the original cost of the asset, also known as the cost basis. This includes the purchase price and any additional expenses related to the purchase, such as fees or commissions.
2. Determine the selling price of the asset, which is the amount received when the asset is sold. This also includes any fees or commissions associated with the sale.
3. Subtract the cost basis from the selling price to find the gain or loss. If the result is positive, it's a gain; if it's negative, it's a loss.
4. Report the gain or loss on your tax return for the year the asset is sold. This is done using Schedule D of Form 1040 for individuals, which is used to report capital gains and losses.
It is important to report gains and losses on your tax return only in the year the asset is sold, as this is when the gain/loss becomes realized and therefore subject to taxation. Option B is correct.
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Explain how the amount of a down payment affects your monthly mortgage payments.
Answers
Answer:
The more money you put down, the smaller your principal value becomes. Having a smaller principal value will make your monthly payments smaller.
Explanation:
The amount of a down payment you pay will affect your monthly mortgage payment. If you put a larger down payment on your mortgage/loan you will pay less in monthly mortgage payments. If you put a smaller down payment you will end up paying more monthly.
YO CAN YALL SEND HELP MY BRAIN ISNT WORKING TODAY
Which of the following statements are true of hacking? Check all of the boxes that apply.
-It is the practice of cutting network cables to damage a network infrastructure.
-It is the practice of finding weaknesses in a computer or computer network.
-It is always illegal.
-It is sometimes practiced by network security professionals.
Answers
Answer:
B and D
Explanation:
The statements true of hacking are
It is the practice of finding weaknesses in a computer or computer network.It is sometimes practiced by network security professionals.What is hacking?Computer hackers who are motivated by monetary gain engage in illegal conduct when they attempt to attack digital equipment like computers. This is known as hacking.
They start experimenting with different applications while they look for online instruction. Due to their inexperience and potential for initial perception as little more than an internet troll or beginner.
As opposed to building security systems, breaching them involves greater knowledge and skill. Hackers cannot be neatly grouped together according to any absolute standards in order to gain confidential information.
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The logic behind selecting the company _____ should be explained in the product/service section of a marketing plan.
logo
name
slogan
philosophy
Answers
The logic behind selecting the company philosophy should be explained in the product/service section of a marketing plan. The company philosophy refers to the values, beliefs, and principles that guide the company's actions and decisions.
In the product/service section of the marketing plan, the company philosophy should be discussed in relation to how it impacts the development and promotion of the product or service. For example, if a company has a philosophy of sustainability, this may influence the choice of materials used in the product, the packaging, and the messaging used in advertising.
By explaining the company philosophy in the marketing plan, it helps to ensure that all aspects of the product or service are aligned with the company's values and beliefs. This can help to build trust and credibility with customers, who may be more likely to purchase from a company that shares their values.
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Opportunity costs ______. are benefits that are given up when selecting one alternative over another are uncommon in decision making should be considered in decision making are part of traditional accounting records
Answers
Answer: are benefits that are given up when selecting one alternative over another.
Explanation: When faced with the decision to make a choice between two probable options or the need to give up a certain amount of a product in other to increase production of another, the benefit or choice forgone by opting to go for an alternative is called opportunity cost. Put simply, the cost incurred or loss associated with giving up a certain investment for another.
Opportunity cost can be computed mathematically using the relation:
Opportunity cost = (Return on best forgone option - return on chosen alternative).
Opportunity cost is often considered in other to guide and weigh investment options.
Opportunity costs are benefits that are given up when selecting one alternative over another and should be considered in decision making.
Opportunity cost refers to the value of the best alternative forgone when making a decision. It represents the benefits or profits that could have been obtained by choosing an alternative option. In other words, it's the cost of what you have to give up in order to choose something else.
Understanding opportunity costs is crucial in decision making because it allows individuals and businesses to evaluate the trade-offs involved in various choices. By considering the opportunity cost, one can weigh the potential benefits and drawbacks of different options and make more informed decisions.
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the three main macroeconomic policy types are: multiple select question. discretionary policy. structural policy. investment policy. monetary policy. fiscal policy.
Answers
Discretionary fiscal policy is the term used to describe the deliberate manipulation of government spending and taxes for macroeconomic purposes.
Monetary policy and fiscal policy, which includes government expenditure, are the two primary instruments of macroeconomic policy. Government expenditure is when the government spends money on anything that is subsidized by the government, such as health care, social services, unemployment benefits, bank pay-outs, and national defence. Fiscal policy includes government expenditure, which is employed by the government to mitigate the most vengeful consequences of the business series. As an illustration, if the economy is experiencing a recessionary gap, the government may be able to assist by raising government spending. The economy would gain from this rise in government expenditure since consumers would receive the same additional funds and investments would result.
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True or false? Product/market fit automatically results in high-volume sales.
Answers
Answer:
It is True
Explanation:
Defining product-market fit
"Product-market fit," writes startup coach and investor Marc Andreessen, "means being in a good market with a product that can satisfy that market." When an entrepreneur identifies a need in the market and builds a solution that customers want to buy, that's product-market fit.
Product/market fit automatically results in high-volume sales, is the true statement.
What is a Product/market fit?"Product-market fit" is defined by startup advisor and investor Marc Andreessen as existing in a healthy market with a product that can satisfy that market's needs. When an entrepreneur recognizes a market gap and creates a product that customers want to buy, product-market fit has occurred.
It shows that people are willing to pay a price for your goods and that it has a significant enough market or audience. Take the case where you want to create a smartphone app that allows for free video conference communication. If it doesn't fit, nothing fits.
Strategic fit describes how well a company is matching its assets and capabilities to opportunities in the external environment.
Thus, it is a true statement.
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Career Cluster
If your dream is to be an elementary school teacher, the
might be best for you.
A. Education and Training
B. Human Services
C. Health Sciences
D. Training and Instruction
Answers
Answer: A
Explanation
Eliza Conner owns a small clothing boutique. Eliza uses her personal checking account for both business and personal needs. How would you convince Eliza that she should open a separate
bank account for her business?
Answers
Answer:
1. It will cause them confusion throughout the tax calculating process.
2. Using a single account will make it difficult to keep payroll records.
3. Keep track of your personal expenses and earnings.
Explanation:
1. It is preferable to establish a separate account to separate the firm's actual income and expenses.
2. Payroll expenses are indistinguishable from personal expenses.
3. This allows you to cross-check bank and hand-made documents for income and expenses. Because cash transactions may not be recorded in the bank account, the entrepreneur should preserve receipts in order to compute revenue and expenses, which may result in erroneous financial statements.
Which of the following is NOT an advantage of human-centered design thinking?
a) It allows for a more enjoyable user experience for customers.
b) It allows for more flexibility in the product/service creation process.
c) It allows for a deeper understanding of the problems that the market faces.
d) It allows a single entrepreneur to bring their favorite ideas to market.
Answers
Answer:
The correct option is;
d) It allows a single entrepreneur to bring their favorite ideas to market
Explanation:
Human-centered design is a methodology applied to the resolution of problems that are associated with product design and framework of management that makes the thinking mindset for the development of problems solution of having the human standpoint to be included in all the steps involved in solving the problem in order to ensure usefulness of the solution to the people it is meant to benefit.
Human-centered design is the study of methodology that focuses on the resolution of the problems or the hurdles that are associated with the design of the product or the framing of the managerial activities that help in the solving of the problems.
The correct option is d) It allows a single entrepreneur to bring their favorite ideas to market
Option d) It allows a single entrepreneur to bring their favorite ideas to market is the correct answer because it does not ensure the advantage of human-centered design thinking. It wholly focuses on the entrepreneurs to bring their own ideas without the consult of the team members.
Options:
a) It allows for a more enjoyable user experience for customers.
b) It allows for more flexibility in the product/service creation process.
c) It allows for a deeper understanding of the problems that the market faces.
These are the wrong options because they are the main advantages of the human-centered design that focuses on solving the problems by implying the various managerial activities in tackling the problems.
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help me please ❤️ question says
what is quarts and gallons?Convert 5 quarts to gallons.
Answers
Answer: See explanation
Explanation:
The quart is the same as one quarter of a gallon and it is used for measuring liquid. The gallon is also a unit of measurement for liquid as well.
In converting 5 quarts to gallons, we should note that:
1 quart = 1/4 gallon
5 quarts = 1/4 × 5 = 1.25 gallon
I study French so I can talk to my cousin who lives in Paris
Intrinsic or
Extrinsic?
Hey
Answers
Answer:
"Intrinsic" would be the correct choice.
Explanation:
Something that has intrinsic value as well as interest, it's indeed worthwhile or significant along with its real existence and appearance, and not just because of the latter's relation with several other kinds of activities.Intrinsic motivation means actions motivated by intrinsic motivators. In several other terms, the motivation comes from inside the person to participate in an activity even though it is inherently rewarding for you.Answer:
Intrinsic
Explanation:
Got it right on Edge 2021
At Nanclet, a market research firm, whenever a particular team needs to hire people, the human resource (HR) department conducts the external recruitment processes for them. The HR department also furnishes the recruiters of the recruiting team with a list of questions they are expected to ask all the job applicants, irrespective of the applicants' work experience. In the context of employee selection, this scenario best illustrates _____.
Answers
Answer: Structure interview
Explanation:
A structured interview is a form of interview used by an organization in order to ensure that each interview is presented to each candidate with exactly the same questions and also in the same order.
It is a standardized way of interviewing the candidates for a job based on the particular needs of the job the candidates applied for. The candidates are asked same questions irrespective of their qualifications or experience.
Question 14 of 20
Why might health care costs be less of a concern for a British company than
an American company?
A. America has stronger laws that regulate health care.
B. American companies do not provide health care to employees.
C. Britain allows its citizens to seek foreign treatment.
D. Britain has a system providing free universal health care.
Answers
Answer:
A
Explanation:
America has strong laws regulate health care
Answer:
its D - Britain has a system providing free universal health care.
Explanation:
What is federal income tax?
The federal income tax is a significant deduction from an employee’s ______
pay.
Answers
Answer:
The federal income tax is a significant deduction from an employee’s personal
pay.
Explanation:
Nothing make sense
Answer:
I believe its Gross pay
Explanation:
gross pay is what an employee has before taxes
2. Which of the following is an example of an operative employee? A. Regional manager B. Head coach C. Chairman of the board D. Assembly line worker C
Answers
An example of an operative employee is an assembly line worker.
The following information should be relevant:
Operating employees are those employees who generate the products & services directly for an organization.Also, it does not supervise the work of others. So, the option a, b, and c are incorrect.Therefore we can conclude that an example of an operative employee is an assembly line worker.
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6.1.2 Exam
Which of these is a nonstore retailer?
A. Nail Salon
B. Supermarket
C. Coffee Shop
D. Catalog
Answers
Answer:
d
Explanation:
Selling products and services outside of a physical store is known as non-store retailing. Catalog is a nonstore retailer. Thus, option 'D' is the correct option.
What is a nonstore retailer?Selling products and services outside of a physical store is known as non-store retailing. It is a general phrase used to describe retailing that occurs outside of stores and shops (that is, off the premises of fixed retail locations and of market stands). Direct selling (off-premises sales) and distance selling, the latter of which includes all types of internet commerce, can be classified as the non-store distribution channel. Mail orders, catalog sales, telephone cold calling, and automated vending all fall under the category of distance selling.
Electronic commerce encompasses online shopping, internet trading platforms, travel portals, worldwide distribution networks and teleshopping. All types of selling at consumers' homes, businesses, and even garage sales are considered direct selling. Non-store retailing, commonly known as home shopping or online shopping, constantly experiences double-digit growth.
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the profit mark-up is a percentage of the cost price which is added to the cost price in order to calculate the selling price.
true or false if false say why
Answers
Answer:
true
Explanation:
The career cluster which provides security and protection for the public is___.
A.Law, Public Safety Corrections, and Security.
B.Hospitality and Tourism.
C.Human Services.
D.Information Technology
Answers
Answer:
A.Law, Public Safety Corrections, and Security.
Explanation:
Officers in the Law, Public Safety Corrections, and Security cluster protect properties and citizens' lives. Job titles in this cluster include police officers, security guards, lawyers, correctional officers, and legal assistants.
Works in this cluster revolve around jails, police stations, courts, correctional facilities, and public places where people require security and protection.
Knowledge Check - Question 5
-
What's the term for reducing the price of an item in order to encourage sales?
A. Net profit
B. Margin
C. Markup
D. Markdown
Answers
The term for reducing the price of an item in order to encourage sales is D. Markdown. Markdown is a pricing strategy where the original selling price of a product is reduced in order to increase sales.
This can be done for a number of reasons such as to clear out old inventory, to compete with other retailers, or to stimulate demand for a product. When a retailer marks down the price of a product, they are essentially sacrificing potential profit in order to move the product off the shelves and generate revenue.
It's important to note that markdowns can have an impact on a company's net profit and margin. Net profit is the amount left over after all expenses have been deducted from revenue, while margin is the percentage of revenue that represents profit.
In summary, a markdown is a common pricing strategy used by retailers to increase sales and move products off the shelves. However, it's important to consider the impact of markdowns on net profit and margin before implementing this strategy.
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HELP QUICK WILL PICK BRAINLIEST
When you receive your paycheck, you should verify that the amounts are accurate. Which of these things should you do?
Calculate your wage to ensure the gross wages on your paycheck are correct.
Review your deductions for accuracy.
Subtract the total amount of deductions from your gross wages to determine the correct net wage to be paid.
all of the above
Answers
Answer:
all of the above
Explanation:
answered it on edg 2021 and got it correct
Benjamin Franklin said, “Beware of little expenses. A small leak will sink a great ship. ” What does this mean to a person trying to build financial stability? How would you restate this saying so that it would be clearer to someone trying to grow a budget?
How would you place the order of these steps to build a budget? 1=first 2=the middle step 3=last
______Analyze cash flow and look for ways to increase your income and decrease your expenses....
______Keep track of your spending...
______Identify your income and your expenses....
What are they, and how would you explain their meaning? Give one example of each.
23.Fixed expenses
________________________________________________________________________
Flexible expenses
________________________________________________________________________
Money that comes to you from: Various jobs or work, like cutting grass or babysitting wages,
Full- or part-time employment, Allowances, Odd jobs, Interest and dividends, Other sources, including tips. Is known as your
_________________.
Where does All the money go?
If you are in the habit of buying the 4 for $4 meal special at the local famous fast food restaurant every day of the week for lunch how much would this add up over time? It might taste good going down but what might you be able to save for if you had all that cash in a savings account?
1 day 1 week 1 month 1 year 5 years 10 years
# of Days 26a 27a 28a 29a 30a 31a
4 for$4 Meal 26b 27b 28b 29b 30b 31b
Identify the LIE about Credit cards....
A. Are used to purchase goods and services.
B. Takes money from your checking account when used to pay for purchases.
C. Are subject to interest charges if the balance is not paid in full each month.
Credit Verses Debit
Which card requires you to have enough money at the time you pay for something?
Which card's balance can increase and accrue charges if you do not pay the entire amount each month?
Which card generally offers purchase protections against faulty goods?
Which card(s) may have fees associated with them?
Which card allows you to pay for unexpected emergencies when you do not have enough money?
What are the outcomes to be expected with overspending on your credit card? You need at least two outcomes for full credit
Debit to Income Ratio
After adding your total income, dividing the total monthly bills by the total income, and convert that to a decimal….What would you advise these individuals who are contemplating a large purchase?
Total Income
Total Monthly Bills
Percentage (divide by 100)
Billy $4000
$2800
?
TiQuan $5000
$4000
?
Nadaja $3000
$1000
?
39 (Billy). ________________________________
40 (TiQuan) ______________________________
41 (Nadaja) ______________________________
Which payment arrangement has the worst deal or the higher interest rate you must pay between the instalment loan or the rent to own arrangement?
What three things would you likely need an installment loan to purchase?
Explain how your credit rating would affect your interest rate applied to your installment loan.
Simply put, Finance is the management of ______________________.
Name 2 examples of items that fall under the category of a long-term financial goal.
47.Name 2 examples of items that fall under the category of a short-term financial goal.
48.. Which of the following statements about investing is FALSE?
On average, investing money in the stock market earns a higher return than putting money in a savings account.
Investing is best for long-term financial goals, like paying for retirement.
Investing is a guaranteed way to grow your money.
Investing is riskier than putting money in a savings account.
This is needed To Calculate Simple Interest (Interest = Principal x Rate x Time or I = P x R x T)
Remember to add the Simple Interest to the Principle to get the total to be paid.
Principle
Rate
Time
Interest
Total to be paid
$10,000
15%
5 years
49a
49b
$5,000
5%
8 years
50a
50b
is the purpose of financial insurance agencies?
Answers
Answer: n or f
Explanation:
the primary aim of strategic management at the business level is group of answer choices maximizing risk to return trade-offs through diversification. maximizing differentiation of products and/or services. achieving competitive advantage. achieving a low-cost position.
Answers
At the company level, this is the main goal of strategic management gaining an advantage over competitors
What is the main objective of strategic management at the corporate level?Allocating resources—making a plan for how the company will budget resources to take advantage of its competitive advantage and accomplish organizational objectives—is the main objective of strategic management.
In strategic management, what is business level strategy?Business-level strategies look at how companies contend in a certain sector. Executives of companies decide whether to base their competitive advantage on pricing or differentiation, and whether to focus their activities on a wide or confined market. These decisions determine the firms' resulting strategy.
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make me laugh and ill give you brainly along with 15 points
remember\(\left[\begin{array}{ccc}180&260&life\\make&me&laugh\\level&hard&because im tierdnit will be hard good luck\end{array}\right]\)
Answers
Answer:
Whats a lawyers favorite suit...
A lawsuit
Explanation:
when a company makes an end-of-period adjusting entry that includes a credit to prepaid rent, the debit is usually made to: group of answer choices rent receivable. rent expense. cash. rent payable.
Answers
When a company makes an end-of-period adjusting entry that includes a credit to prepaid rent, the corresponding debit is usually made to rent expense. Option B.
Prepaid rent represents the advance payment made by the company for future rent expenses. It is considered an asset on the balance sheet until the corresponding period's rent expense is recognized. The adjusting entry is made at the end of the period to recognize the portion of prepaid rent that has been used up or expired.
The purpose of the adjusting entry is to match the expense with the period in which it is incurred. Since rent expense is an income statement account that represents the cost of using the rented property during a specific period, the debit is made to rent expense.
By debiting rent expense, the company reduces the prepaid rent asset on the balance sheet and recognizes the expense in the income statement, reflecting the portion of rent that has been consumed or utilized during the period.
It's important to note that the other options presented, such as rent receivable, cash, and rent payable, do not align with the purpose of the adjusting entry for prepaid rent. Rent receivable refers to rent owed by tenants, cash represents the payment made for prepaid rent, and rent payable is the liability associated with unpaid rent.
In summary, when a company makes an adjusting entry that credits prepaid rent, the corresponding debit is usually made to rent expense to recognize the portion of prepaid rent that has been consumed or utilized during the period. So OptioN B is correct.
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