GDP and GNP are identical when all domestic production is by domestically owned producers and no foreign production is carried out by domestic producers. (Option B)
What is GDP and GNP?Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
The expenditure method can be used to calculate gross domestic product: Consumption spending + Investment spending + Government spending + Net export
Gross national product (GNP) is the gross domestic product less income of foreigners in a country plus income from nationals.
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the 25 in a 50/100/25 split limit policy refers to the maximum amount the policy will pay for:
The 25 in a 50/100/25 split limit policy refers to the maximum amount the policy will pay for: C. medical coverage for one person in the other car.
What is medical coverage?Medical coverage can be defined as a health insurance coverage that help to cover the medical cost or medical expense of those that enroll for the plan.
The 25 in a 50/100/25 split limit policy tend to means the highest amount the policy will pay for medical coverage for one person in the other car.
Therefore the correct option is C.
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The complete question is:
The 50 in a 50/100/25 split limit policy refers to the maximum amount the policy will pay in:
property damage.
medical coverage for those in your car.
medical coverage for everyone in the other car.
medical coverage for one person in the other car.
if the korean steel industry subsidizes the steel that it sells to the united states, the
The benefit to American steel consumers outweighs the harm caused to American steel producers if the Korean steel industry subsidizes the steel it sells to the US.
What impact do subsidies have on producers overseas?An export subsidy decreases consumer excess and raises producer surplus in the exporter market. An export subsidy causes a rise in the producer surplus in the export market and a fall in the producer surplus in the import country market. The national wellbeing is diminished when a large nation uses export subsidies.
How does the market for exported goods change as a result of an export subsidy?In the case of a large country, an export subsidy will increase the home price while lowering the foreign price. The amount of exports will rise as a result of an export subsidy. The export subsidy will create a price differential between the product's domestic and overseas prices that is equal to the subsidy value.
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Relaxicab Inc. is a 100-year-old, multinational enterprise (MNE). Which of the following activities would the company most likely have been involved in during the stage of Globalization 2.0?
- Relaxicab would have restricted all its business activities to its home country.
- It would have ventured into foreign markets essentially by exporting goods.
- Relaxicab would have organized itself as a global collaboration network with the help of internet technologies.
- It would have increased its local responsiveness to country-specific circumstances by duplicating business functions overseas.
The activity that the company most likely have been involved in during the stage of Globalization 2.0 is: It would have increased its local responsiveness to country-specific circumstances by duplicating business functions overseas.
What is globalization?The term "globalization" refers to the increasing interdependence of the economies, cultures, and populations throughout the world as a result of technology, cross-border trade in goods and services, and flows of capital, labor, and information.
Globalization is the quickening of worldwide movements and exchanges (of people, things, and services, money, technologies, or cultural norms). Globalization encourages and boosts interactions between various communities and locations around the world, which is one of its consequences.
The organization would have strengthened its local response to country-specific circumstances by duplicating corporate functions overseas. This activity would have taken place during the stage of globalization 2.0.
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a _____ is responsible for creating and maintaining an organization’s intranet and extranet.
Webmaster is responsible for creating and maintaining an organization's intranet and extranet.
What is the job of a webmaster?The Webmaster is the main point of contact for all matters relating to the organization's website(s), and they are responsible for a wide range of tasks, such as web design and development, regular site and content maintenance, and various updates to make sure the sites are in line with the company's goals and objectives.
What do they now call a webmaster?A person who manages one or more websites is known as a webmaster. Web architects, web developers, site authors, site administrators, site owners, website coordinators, or website publishers may all be mentioned in the title.
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a gas station operates in a monopolistically competitive market and is in short run equilibrium. suppose that a fixed cost for this firm decreases. as a result, the firm's price will ______, the firm's output will ______, and the firm's economic profit will ______.
stay the same
stay the same
increase
The firm's price will stay the same, the firm's output will stay the same, and the firm's economic profit will increase.
What are the parameters of a monopolistically competitive firm's short-run equilibrium?A monopolistically competitive firm's short-term equilibrium is the same as a monopoly firm's. The company produces a good or service at a price where marginal revenue and marginal cost are equal, and it bases its price on the demand curve.
What is meant by economic profit?The difference between the proceeds from the sale of a product and the prices of all inputs used, as well as any opportunity costs, is known as an economic profit or loss. Opportunity expenses and explicit costs are subtracted from earned revenues to determine economic profit.
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insurance companies expend a lot of effort marketing their offerings, mainly due to the fact that insurance is a(n) ________blank that consumers don’t normally think about much.
Insurance companies expend a lot of effort marketing their offerings, mainly due to the fact that insurance is an unsought product that consumers don't normally think about much.
What are unsought products?Although a buyer may feel pressured into purchasing a product they do not want, unsought commodities are frequently bought under certain circumstances, so a marketing strategy that harasses consumers into purchasing the product will be seen as immoral. A notable example of an unasked-for good is funeral services.
Unsought goods are those that consumers are unaware of or hardly ever think about purchasing and whose acquisition is motivated by a combination of risk or worry about harm and lack of desire. Examples of well-known but unpopular things are funeral services, encyclopedias, fire extinguishers, and reference books.
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jean expects to receive $5,000 at the end of each year for 4 years. the annuity has an interest rate of 7%. the present value of this annuity at time zero, the inception of the annuity (rounded to the nearest dollar) is
The inception of the annuity (rounded to the nearest dollar) is $16,936.
The present value ordinary annuity factor of 7% for 4 periods is 3.38721. $5,000 x 3.38721 = $16,936.05.
To round it of to the nearest value $16,936.
What is annuity?
A contract known as an annuity needs recurrent payments to the individual who is entitled to receive them for a period of time longer than one complete year (annuitant). You can purchase an annuity contract on your own or with the assistance of a worker.
The four annuity kinds
1. Immediate annuities: The lifetime guaranteed option.
2. Deferred annuities: The tax-deferred option.
3. Fixed annuities: The lower-risk option.
4. Variable annuities: The potentially highest upside option.
What is the main purpose of an annuity?
A long-term insurance plan that guarantees income is an annuity. Because they offer a consistent stream of payments at regular intervals and because the growth of their profits is tax-deferred until you receive the money, annuities are a popular source of retirement income.
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are investment funds controlled by governments and funded from national reserves, pension funds, and other monies owned by the government.
Sovereign wealth fund controlled by governments and funded from national reserves, pension funds, and other monies owned by the government. A fund can be created for a variety of objectives.
Such as the construction of a new civic centre by the municipal government, the awarding of scholarships at a college, or the payment of customer claims by an insurance company. This refers to the funds set aside for a specific government. Both actual money and financial planning are involved. There are numerous funds, including emergency, education, retirement, and pension funds. There is no distinguishing factor between the two in terms of finance and finances.
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Trader wants to hedge a long stock position from short term downside risk. Which strategy best aligns to this goal? o Long straddle o Long strangle o Collar o Long call
The collar is the strategy that best aligns to this goal if Trader wants to hedge a long stock position from short term downside risk. Option C.
What is the collar in business?A collar strategy, also known as a hedge wrapper, enables an investor to lock in the investment's maximum gain and maximum loss. By buying shares, protective (out-of-the-money) puts, and simultaneously selling an out-of-the-money call option, an investor can build a collar.
A collar is an options strategy that comprises selling an upward call and purchasing a downside put and is used to limit significant upside gains while limiting large losses.
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Which of the following is a major reason why businesses fail financially?
Undercapitalization is a major reason why businesses fail financially.
What is undercapitalization?When a company lacks sufficient capital to conduct normal business operations and pay creditors, it is said to be undercapitalized. This can happen if the company does not generate enough cash flow or is unable to obtain forms of financing such as debt or equity.
Undercapitalized businesses do not have enough capital to pay their creditors and must frequently borrow more money. If a company is unable to generate capital over time, its chances of bankruptcy rise as it loses the ability to service its debts.
Therefore, undercapitalization can lead to a business failing financially .
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Your question is incomplete, the complete question was
which is a major reason why businesses fail financial?
undercapitalization, undervalued stock , poor use of marketing mix , expense controls are too rigid.
in preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available: Net income for the year was $52,000 Accounts payable decreased by 18,000 Accounts receivable increased by 25,000 Inventories increased by 5,000 Cash dividends paid were 14,000 Depreciation expense was 20,000 Net cash provided by operating activities was: Multiple Choice $70,000 $24.000 Multiple Choice $70,000. $24,000. $110,000 $120,000 $71,000
Operating activities generated (D) $120,000 in net cash.
What are operating activities?The routine tasks a business performs to produce and sell its goods, generate money, as well as perform general administrative and maintenance tasks, are referred to as operating activities.
Manufacturing, sales, advertising, and marketing activities are some of a company's main operating activities.
Your company's net income is reported in this section of the balance sheet, changing it from accrual to cash basis.
By examining the changes in your current assets and obligations, it achieves this.
So, the net cash provided by operating activities are:
Net cash: Net income + Accounts payable + Accounts receivable + Depreciation expense - Inventories increased
Net cash: $52,000 + 18,000 + 25,000 +30,000 - 5,000
Net cash: $120,000
Therefore, operating activities generated (D) $120,000 in net cash.
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Correct question;
In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available: Net income for the year was $52,000 Accounts payable decreased by 18,000 Accounts receivable increased by 25,000 Inventories increased by 5,000 Cash dividends paid were 14,000 Depreciation expense was 20,000 Net cash provided by operating activities was: Multiple Choice
a. $70,000
b. $24.000
c. $110,000
d. $120,000
e. $71,000
Brendan needs to summarize all unpaid customer balances. Which QuickBooks report would be most useful? A.Accounts receivable aging summary B.Balance sheet C.Accounts payable aging summary D.Profit and loss
In case whereby Brendan needs to summarize all unpaid customer balances the QuickBooks report that would be most useful is A.Accounts receivable aging summary.
What is QuickBooks?
QuickBooks can be described as the accounting software package developed and marketed by Intuit.
It should be noted that it was geared mainly toward small and medium-sized businesses and offer on-premises, however in the case above Accounts Receivable report will provide the list as regards all customers who currently owe balances and shows how old the balances are.
Therefore, option A is correct .
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In the following expression, the variable truckweight has the value 70000 and the variable weightlimit has the value 80000. truckweight < weightlimit what value does the expression evaluate to?
a. 70000
b. 80000
c. true
d. false
In the following expression, the variable truck weight has the true value does the expression evaluate. Thus, option (C) is correct.
What is the value?Values are the benchmarks or ideals by which we judge the acts, traits, possessions, or circumstances of others. Values that are embraced by many include those of beauty, honesty, justice, peace, and charity. Values are the benchmarks or ideals by which we judge the acts, traits, possessions, or circumstances of others. Values that are embraced by many include those of beauty, honesty, justice, peace, and charity.
Life values are the essential core beliefs that direct your actions and objectives as well as assist you in determining your level of overall success in life. For many people, values start early in life as their parents instill in them some of what they consider to be the most crucial principles.
Therefore, Thus, option (C) is correct.
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the company has its camera and drone assembly facilities in: a)Thailand b)South Korea c) the United Statesd)Japan e)Taiwan
The business enterprise has its digital digicam and drone meeting centers in e)Taiwan.
The required details about Taiwan is mentioned in below paragraph.
Taiwan is famous for generating some specific things. Most well-known of all are its electronics and their components. These Taiwanese merchandise aren't arbitrarily well-known – they make up a large part of Taiwan’s exports and that they run the gamut of the entirety electric, from flat screensto contact screens, microchips to optical drives, etc.No rely what logo or sort of laptop you’re analyzing this on, the probabilities are overwhelming that a few part, or most, of what’s interior of it was made in Taiwan. The island of Formosa is the world’s biggest unmarried laptop chip producer, and that they made high-quality breakthroughs in contact display era that has spurred the cellphone revolution.
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A project manager joins a project that has the following features: -Globally distributed team -Budget that is fixed -Very tight deadlines During planning, what should the project manager do to avoid any scope creep and keep the team focused on delivering a product that meets requirements?
In order to prevent scope creep & keep the group concentrated on producing a product that satisfies criteria, the project manager, Organize a bidders' meeting with the service suppliers.
What you mean by a project?An project is just a set of tasks that must be finished in order to accomplish a specific goal. A project may alternatively been defined as a collection of outcomes and inputs necessary to accomplish a specific objective. Projects can be handled for one person or one thousand, they can be simple or complex.
What means project work?Work that is focused upon accomplishing a job is called project work. Project work typically requires a lot of resources, involving time, people, and materials, and it allows students to practice a variety of abilities and linguistic structures.
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abe's steakhouse is the largest upscale steakhouse company in the united states, based on total company- and franchisee-owned restaurants. the company's menu features a broad selection of high-quality steaks and other premium offerings. assume the information below is from a recent annual report: common stock, $0.01 par value; 100,030,000 shares authorized; 23,563,356 issued and outstanding at the end of the current year; 23,375,356 issued and outstanding at the end of last year. additional paid-in capital: $199,389,000 at the end of the current year and $170,431,000 at the end of last year. accumulated deficit: ($82,097,000) at the end of last year. in the current year, net income was $54,383,000 and a cash dividend of $7,138,000 was paid.
Equity held by shareholders refers to the sum that a company's founders have contributed to the enterprise. This covers the funds they have directly invested as well as the total amount of profits the business has generated and reinvested since its establishment.
The total assets less the total liabilities of the company can also be used to determine the shareholders' equity. The account shows what the company did with the profits and money it earned throughout the time period.
Indicating whether a corporation chooses to distribute profits as dividends to shareholders or reinvest them back into the business, it also indicates the dividend policy of the organisation. Common shares, preferred shares, and retained earnings make up the three components of shareholders' equity on the balance sheet.
The balance sheet treatement for shareholder's equity is attached as an image for the question asked.
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Disclaimer: Your question is incomplete. Please write the complete question by looking over the internet.
Belk Department Store is having a special sale this weekend. Customers charging purchases of more than $50 to their Belk credit card will be given a special Belk Lottery card. The customer will scratch off the card, which will indicate the amount to be taken off the total amount of the purchase. Listed below are the amount of the prize and the percent of the time that amount will be deducted from the total amount of the purchase. Prize Amount Probability $ 10 .50 25 .40 50 .08 100 .02 (a) What is the mean amount deducted from the total purchase amount? (b) What is the standard deviation of the amount deducted from the total purchase?
According to the information, the mean amount deducted would be $21. On the other hand, the Standard deviation of the amount deducted would be: $16.09.
How to calculate the mean amount deducted?To calculate the mean amount deducted we must use the information provided in the question. In this case, the probability of obtaining each of the discounts. These values must be added and the result will be the mean amount deducted as shown below:
10*.50 +25*.40 + 50*.08 + 100*.02 = $21
What is the standard deviation?The standard deviation is a statistical term that refers to a measure to quantify the variation of a set of numerical data. In this case, this would be used to calculate the variation of the possible prizes taking into account the different discount options available.
How to calculate the standard deviation?To calculate the standard deviation we must perform the following mathematical operation:
Standard deviation of the amount deducted =
sqrt((10-21)^2*.50 +(25-21)^2*.40 + (50-21)^2*.08 + (100-21)^2*.02) =$16.09
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If the required reserve ratio is 10 percent, an increase in bank reserves of $1,000 can support an increase in checking account deposits (including the original deposit) in the banking system as a whole of up to a0 $100; b) $1,000; c) $10,000; d) $100,000
If the required reserve ratio is 10 percent, an increase in bank reserves of $1,000 can support an increase in checking account deposits (including the original deposit) in the banking system as a whole of up to c) $10,000.
How to find the increase in checking account deposits?Using this formula to find the checking account deposits
checking account deposits = Required reserve ratio / increase in bank reserves
Where:
Required reserve ratio =10% or 0.10
increase in bank reserves = $1,000
Let plug in the formula
Checking account deposits = $1,000 ÷ .10
checking account deposits = $10,000
Therefore the correct option is C.
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which one of the following would likely be indicated by a notation next to a specific classification in an insurer's underwriting guidelines?
A. The authority for managing general agents to quote and bind coverage
B. The recommended rate that should be charged
C. The need for the underwriter to get management approval before proceeding
D. The maximum premium that can be charged
C. The need for the underwriter to get management approval before proceeding
Option (c), A note next to a particular classification in an insurer's underwriting standards is likely to serve as an indication that the underwriter must first obtain management approval before moving forward.
What does the underwriters' risk classification for life insurance entail?Super preferred, preferred, and standard are the three risk classes most frequently used by insurance firms. While the standards for each class are largely consistent from one organization to the next, there can be some variation in the details. The classification of applicants as substandard depends on whether they satisfy the requirements for these classifications.
What are the two varieties of underwriting contracts?Firm commitment agreements, best efforts agreements, mini-maxi agreements, all-or-nothing agreements, and standby agreements are a few of the several types of underwriting agreements.
What guidelines apply to insurance underwriting?Agents and underwriters of an insurer are governed by a set of standards and requirements known as the underwriting rules. When considering whether to accept, modify, or reject a prospective insured, the underwriter will use these rules as a guide.
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The fed's actions do not change aggregate demand by any guaranteed amount, because it is not known __________
Due to the uncertainty surrounding the precise magnitude of M1 and M2 changes in reaction to changes in the monetary base, the Fed's actions have no assured effect on aggregate demand.
What are the Fed's top three activities?The Federal Reserve, also known as the Fed, is the most influential economic organization in the United States and possibly the entire world. Setting interest rates, controlling the money supply, and overseeing the financial system are some of its main functions.
What are the three things the Fed could do to help the economy?In order to control the money supply and promote stable economic growth, the Fed primarily employs three instruments. The instruments are: (1) reserve needs; (2) discount rate; and (3) open market transactions. Each of these has a unique effect on the money supply and has the ability to either increase or decrease the size of the economy.
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steven and paul sign a contract whereby paul promises to wash steven's car once a week for $80 per month. the terms on the back of the contract were in very small print, contained excessive legalese, and required paul to also cook dinner for steven every day, do his laundry, and clean his apartment. paul later takes another look at the contract involving work for steven and tells steven that the contract is outrageous. which of the following would be a possible defense to steven's and paul's contract involving chores based upon the size of the print and excessive legalese on the back of the contract?
Steven's and paul's an agreement that establishes, clarifies, and governs the rights and obligations of two or more parties is known as a contract.
A contract usually entails the transfer of products, services, money, or a promise to transfer any of those at a later time. In the event of a contract violation, the harmed party may pursue legal remedies including damages or revocation. The concept that agreements must be upheld is the foundation of contract law, a branch of the law of obligations that deals with contracts.
Like other spheres of private law, contract law varies from one country to the next. Common law jurisdictions, civil law jurisdictions, and mixed law jurisdictions which incorporate features of both common and civil law are the three main categories into which the various systems of contract law can be broadly divided.
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the is a form of organization that delivers goods and services at the lowest cost through specialization of jobs, close supervision of employees, and uniform regulations and procedures.
Bureaucracy is a form of organization that delivers goods and services at the lowest cost through specialization of jobs, close supervision of employees, and uniform regulations and procedures.
Both an administrative policy-making body and a group of non-elected government officials are referred to as bureaucracies. A bureaucracy, historically, was a form of government administration where departments were run by non-elected people. Today, bureaucracy is the administrative framework that governs all significant institutions, whether they are privately or publicly controlled. Bureaucracy is exemplified by the public administration in many jurisdictions and sub-jurisdictions, but it may also be seen in any institution with a centralized hierarchical structure, such as hospitals, academic institutions, commercial businesses, professional societies, social clubs, etc. Bureaucracy faces two main problems. Whether bureaucrats should be independent or directly answerable to their political overlords is the first conundrum.
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TRUE/FALSE. Boycotting means that workers walk away from their jobs and refuse to return until a labor-management dispute has been resolved.
Boycotting means that workers walk away from their jobs and refuse to return until a labor-management dispute has been resolved. This statement is false.
A work stoppage brought on by a widespread employee refusal to perform their duties is known as a strike action, also known as a labor strike, labour strike, or simply a strike. Typically, a strike is a response to employee complaints. During the Industrial Revolution, when mass labor became crucial in factories and mines, strikes increased in frequency.
An RD petition must first be submitted in person or electronically at a regional National Labor Relations Board (NLRB) office to begin the decertification process for a union. The NLRB may schedule a hearing and call for an election to decertify the union if 30% of the workers in the bargaining unit sign the petition.
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) substitutions in the event that the primary person is not available to fulfill their assigned duties
Succession planning is the substitutions in the event that the primary person is not available to fulfill their assigned duties.
A person is a being that possesses certain abilities or attributes such as reason, morality, conscience or self-awareness, and is part of a culturally established form of social relationship. such as kinship, property ownership or liability.
The traits that define personality, and therefore what makes a person considered a human being, vary widely across cultures and contexts. In addition to the question of personality, of what makes an organism to be considered a person in the first place, there are other questions of identity and personal ego.
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Suppose 3% of the people contacted by phone are receptive to a certain sales pitch and buy your product. If your sales staff contacts 2000 people, what is the probability that less than 50 of the people contacted will purchase your product?.
The probability that more than 100 purchase the product is 0
So, we have:
For x = 100, the z-score is calculated using:
So, we have:
z= 100-60/7.63
z = 40/7.63
z = 5.24
So, the probability that more than 100 purchase the product is calculated using:
P(x>1oo) = P (z>5.24)
From the z-score of probabilities, we have:
P (x>100)=0
Hence, the probability is 0
Probability = the number of methods of achieving success. the whole number of viable results. as an example, the probability of flipping a coin and it being heads is ½, because there is 1 way of having a head and the whole wide variety of feasible results is two (a head or tail). We write P(heads) = ½.
Chance is the branch of mathematics that researches the viable consequences of given events together with the consequences' relative likelihoods and distributions.
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___ are financial instruments, traded on established exchanges, that specify future payments a company promises to make in exchange for receiving a sum of money now. (enter one word per blank.)
Bonds are financial instruments that a firm promises to make in exchange for getting a sum of money now. They are traded on recognized exchanges.
How do bonds function?I bonds start earning interest on the first of the month after you purchase them. Every six months, we add the bond's interest earnings to its principal value, which is done twice a year. The bond now has a new value (old value plus interest received).
Bonds: Are they a wise investment?Bond rates have significantly grown, giving investors the chance to make a respectable living. By the end of 2023, inflation is projected to reach around 3.5%, and U.S. Treasuries with a 10-year maturity are currently earning more than that. Their adjusted, or "actual," yield could therefore become positive.
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Roy leaves his pick-up truck at Sam's Auto service for an oil change. This is a: A. Bailment for the sole benefit of the bailor B. Bailment for the sole benefit of the bailee C. Mutual benefit bailment D. Not a bailment
Roy leaves his pick-up truck at Sam's Auto service for an oil change. This is a mutual benefit bailment.
A unilateral benefit bailment occurs when either the bailor or bailee benefits from the bailment while the other party does not. This situation may arise as a result of a gift or favor given by one party to the other.
A mutual-benefit bailment benefits both the bailor and the bailee. In general, a mutual benefit bailment is an enforceable contract because there is an exchange of value that drives the relationship.
The bailee has the right to possess the bailed item, to use it, to compensation, and may be entitled right to limited personal liability as well as indemnification even by bailor for potential liability arising from of the bailee carrying out her duties.
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an employer agrees to pay $15,500 for medical insurance and contribute an additional 3% of the employees' $155,000 gross salaries to a retirement program. the entry to record these accrued benefits is: multiple choice credit to employee benefits expense $15,500. debit to payroll taxes expense $20,150. debit to employee retirement program payable $4,650. debit to medical insurance payable $15,500. debit to employee benefits expense $20,150.
Debit to Employee Benefits Expense $20,150.
When an employer pays for an employee's accident or health insurance the employer's payment is not wages and is not subject to Social Security Medicare and FUTA taxes or federal income tax withholding. Employer contributions do not have to be the same for singles and families and often are not.
When it comes to national averages employers typically pay an individual worker about 82% of their premiums and family members 70% of their premiums. Many health plans require patients to pay for a portion of the services they receive. This payment is called "co-insurance" and is usually a small percentage of service costs after the plan pays out the benefits. If the plan covers 70% of the cost the patient pays 30% of the cost.
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the president of your small company wants to better understand the basis on which you select your promotion mix. you indicate that the selection of promotion-mix ingredients and the degree to which they are used depend on all of the following except the .
If the president of your small company wants to better understand the basis on which you select your promotion mix. you indicate that the selection of promotion-mix ingredients and the degree to which they are used depend on all of the following except the: d. personal preferences of the marketers.
What is promotion mix?Promotion mix can be defined as the way in companies tend to make use of variety of promotion techniques or strategies so as to achieve their goals which is to draw customers to their product.
Chosen promotion-mix ingredients and the degree to which they are used depend the following
Organizational resources.Nature of the target market.Characteristics of the product.Most promotion companies tend to put the above into consideration when selecting their promotion mix.
Therefore the correct option is D.
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The complete question is:
The president of your small company wants to better understand the basis on which you select yourpromotion mix. You indicate that the selection of promotion-mix ingredients and the degree to whichthey are used depend on all of the followingexceptthe
a.organizational resources.
b.nature of the target market.
c.characteristics of the product.
d.personal preferences of the marketers.
a four-firm concentration ratio measures a. the fraction of employment of the four largest firms in an industry.b. the fraction of industry's sales accouted for y tha four largest firmsc. how the largest firms became so concentratedd. the production of any firm in an industry
The four-firm concentration ratio measures the percentage of total output in a market produced by the four largest firms.
Hence, option A is correct.
Explain in detail.
A measure of the degree of market concentration or competitiveness in an oligopoly market is the four-firm concentration ratio. By revealing the market shares of the top four companies in the sector, it quantifies market concentration.B. the demand elasticity of the top four companies in an industryThe elasticity of the four largest firms in an industry is not measured by the four-firm concentration ratio.C. the average cost of the top four companies in a given sectorThe four-firm concentration ratio does not reflect the average cost of the top four firms in a market.D. The quantity of businesses in an industryThe four-firm concentration ratio does not reveal the number of companies in a sector.To know more about Market here
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