How can a country achieve higher levels of competition and a variety of products in an industry with only one or two domestic firms producing a good?

The Goodyear tire company is organized by regions: North America, Europe, the middle east and Africa, Latin America, and the Asia Pacific. these divisions of Goodyear are called Segments.

A business segment is a section that derives income through the sale of a product, a line of products, or a service unrelated to the main area of concentration for the company. Market segmentation is the process through which a company divides its target market into more manageable portions or units. In an effort to successfully target each target market, the company takes this action.

Market segments can be seen in the divide formed by Goodyear tires.

A business sector is a division of an organization that can be recognized by the goods, services, or areas of operation it offers. In other terms, it is a specific area of a business that can be clearly distinguished from the entire corporation based on its clients, offerings, or markets.

Companies are frequently divided into business segments by management to determine which sections of the firm are operating well and which areas require development. In periods of poor economic growth, management also divides firm performance into sectors to decide whether to stop operating in particular markets or eliminate departments entirely.

To know more about Business Segments, visit: https://brainly.com/question/5545577

#SPJ4

The current value of these winnings is called the present value.

Present value is the sum of discounted cash flows. The cash flows that t are expected sometime in the future are discounted using an appropriate discount rate.

The higher the discount rate, the lower the present value and the lower the present value, the higher the present value. The longer in the future the cash flow is expected, the lower the present value and the shorter the time in the future the cash flow is expected, the higher the present value.

For example, the present value of 10,000 expected in 10 years at a discount rate of 10% is 10,000 / (1.10^10) = $3855.43

To learn more about present value, please check: https://brainly.com/question/26537392

#SPJ1

Mintzberg proposed that managers utilize written communication more than verbal communication. False, the given statement is not correct.

Verbal communication is always more often used by managers.

A productive workplace requires effective communication. The process of conveying information from one person to another, or to a group of individuals, is known as communication and is frequently characterized as a soft skill or an interpersonal skill. Each manner of communication has a significant impact on the dissemination of knowledge. Verbal, nonverbal, written, and visual communication are the four basic forms we employ on a regular basis.

1. Verbal communication involves speaking or using sign language to convey information. It is one of the most popular varieties and is frequently used in meetings, conferences over the phone, and via video, presentations, and one-on-one interactions.

2. Nonverbal communication is the exchange of information with others through body language, gestures, and facial expressions. When you hear a good or entertaining concept or fact, for instance, you might unconsciously smile. When attempting to comprehend the thoughts and feelings of another, nonverbal communication can be useful.

3. Visual Communication

Using images, artwork, sketches, charts, and graphs to convey information is known as visual communication. During presentations, visuals are frequently utilized as a support to provide the helpful context in addition to written and/or vocal communication. Because everyone learns differently, some people may benefit more from visual communication when it comes to understanding concepts and information.

Thus, there are various types of communication.

For more information on Communication, refer to the given link:

https://brainly.com/question/939019

#SPJ4

If a comparable has one less bathroom than the subject, an adjustment is made in terms of money. Something of worth or value that is either a loss suffered by the party making the promise or a gain obtained by the other party is necessary for the establishment of a legal agreement.

In order to enter into a contract that is enforceable in court, consideration is necessary by contract law. For a contract to be formed, it is a necessary component. However, the definition of what is sufficient consideration is still up for controversy in the law. The phrase "valuable consideration" is commonly used in contracts and by courts to refer to payment adequate to support an enforceable agreement.

Typically, consideration takes the shape of a commitment to carry out a desired action or a vow to refrain from acting in accordance with one's legal rights. Therefore, in order to execute a promise, a party must have made a payment or assumed financial responsibility for doing so, delivered products, invested time and effort, or given up some other lucrative opportunity or legal privilege.

To know more about " Valuable Consideration", visit : https://brainly.com/question/1387188

#SPJ4

From the​ consumer's perspective, an example of a postpurchase​ question is: b. how is the product eventually disposed​ of?

Consumer behavior can be defined as the study of the processes that are involved when individuals or groups of people engage in the selection, purchase, use, or disposal of products (goods), ideas, services, or experiences to satisfy their unending needs, requirements and desires.

From the​ consumer's perspective, we can reasonably infer and logically deduce that an example of a postpurchase​ question is "how is the product eventually disposed​ of?" because at this point the product has reached the end of its life cycle.

Read more on consumer behavior here: https://brainly.com/question/24438632

#SPJ1

Managerial business processes are semidynamic, semiroutine, monthly business processes such as resource allocation, sales strategy, or manufacturing process improvements.

Managerial business processes relate to the management of the resources of the company in order to achieve better manufacturing and sales.

For this reason, these practices will often be semidynamic and semiroutine in order to meet the demands of the business environment at the time.

Find out more on managerial business processes at https://brainly.com/question/28166792

#SPJ1

Mateo spends $20 to have his hair cut at a salon. this expense is included in the Consumption category of gross domestic product (gdp).

The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP). It serves as a thorough assessment of the state of the economy in a particular nation because it is a wide indicator of total domestic production.

Personal consumption, corporate investment, government spending, and net exports are the four main components of the gross domestic product.

That reveals what a nation excels at generating. The nation's annual total economic production is measured by its GDP. It is comparable to the amount that is spent in that economy. The underground or black economy is the lone exception.

To learn more about gross domestic product (GDP) from given link

https://brainly.com/question/1383956

#SPJ4

The maturity of a debt instrument is the number of years (term) until that instrument's expiration date. Here are a few examples.

What is meant by Debt instrument?

Debt is likely something you have dealt with at some point in your life. By providing borrowers with the capital they require, debt enables the financial markets to function smoothly. Debt instruments are used by people, companies, and governments for a variety of purposes.

There are numerous variations of these instruments, some more obvious than others. To learn more about debt instruments and the most typical kinds that lenders issue, continue reading.

These resources are investment securities that businesses and governments are providing to investors. Until the security matures, investors pay the full purchase price for it and receive interest or dividend payments at regular intervals. The issuer now pays the investor their entire principal investment back.

One of the most common categories of fixed-income debt instruments is bonds, followed by debentures.

Thus, Debt instruments are a crucial part of financial markets.

For more information on Debt instruments, refer to the given link:

https://brainly.com/question/13399930

#SPJ4

Complete Question

The maturity of a debt instrument is the number of years (term) until that instrument's expiration date. Identify the term to maturity of the following financial instruments:

Permanently rejecting an investment project today may not be a wise decision primarily because The business is giving up the chance to make the investment later if business and industry conditions improve.

When making marketing decisions, capital budgeting is crucial. The returns that an investment will provide must be taken into consideration while making decisions on investments that require time to develop. If an investment is not going to be profitable in the long run, it is not a good idea to do it today, unless it is solely for social reasons.

Frequently, it would be beneficial to understand the future investment's present value or when it will mature (give returns). Putting the planned investment money in the bank and earning interest or investing in a different project could be far more rewarding.

The choice to construct an additional grain silo, cotton gin, cold store, or to invest in a new distribution depot are examples of typical investment decisions. Although it is challenging to measure the sales to advertising ratio, marketers may want to decide whether to spend more on advertising or expand their sales force.

To lean more about investment project from the given link.

https://brainly.com/question/24301559

#SPJ4

The answer is $10,492.50. Overall, homeowners spend the most on property taxes in New Jersey, which has some of the most elevated effective tax rates in the country.

The state's average practical rate is 2.42% of a home's value, approximated to the national average of 1.07%.

Both the seller and buyer one the duplex for six months per; 1/2 of the year for the seller, and 1/2 for the buyer. Thus, without any other requirements of the purchase agreement, they each equally convey the annual tax bill of

$20,985 / 2 = $10,492.50

To learn more about Property Taxes visit the link

https://brainly.com/question/1686429

#SPJ4

Firms have a tendency to change the industry structure in their favor, for example by making industries more Consolidated through mergers and acquisitions.

The four famous types of market structures possess perfect competition, oligopoly market, monopoly market, and monopolistic competition

Industrial structure represents the composition of a country's economic activity, the presentation of human material provisions. Industries are usually classified into three basic types according to their stage within the presentation process, or the type of value being added to a biological resource.

To learn more about Industrial structure, refer

https://brainly.com/question/19091356

#SPJ4

An increase in government subsidies for an industry, which reduces production cost, causes the market equilibrium price to decrease and the market equilibrium quantity to increase.

This is further explained below.

Generally, Certain industries or economic sectors may qualify for financial help from the government in the form of subsidies, which may take the form of payments, tax exemptions, or other types of economic assistance.

The purpose of subsidies is to lend assistance to or provide support for aspects of the economy or of the national infrastructure that is seen as being particularly important.

When there is a decrease in manufacturing costs, the supply curve for the industry moves to the right.

This creates a new point of balance in the system (the intersection of supply and demand curves). The new price on the market will be cheaper, and both production and consumption will increase to a greater extent.

In conclusion, The reduction in production costs brought about by a rise in government subsidies for a particular industry leads to a lower market equilibrium price and a greater market equilibrium quantity than would otherwise be the case.

Read more about  government subsidies

https://brainly.com/question/14096747

#SPJ1

Generally, any countries that is experiencing balance-of-payments deficits can obtain short-term loans from the International Monetary Fund.

The Financial body is established to promote trade amongst member nations by eliminating and fostering financial cooperation. The International Monetary Fund makes a short-term loans to member countries that have balance of payment deficits and provides foreign currency to member nations. This body is the closest thing the world has to an international central bank.

As a country with a balance of payments deficit tells that its imports more goods, services & capital than it exports which might make it borrow from other countries to pay for its imports, then, the International Monetary Fund can provide a short term funding to stabilize the deficit.

Therefore, any countries that is experiencing balance-of-payments deficits can obtain short-term loans from the International Monetary Fund.

Read more about International Monetary Fund

brainly.com/question/10346932

#SPJ1

Kia motor company is performing a key function of operations management when it purchases new parts and supplies for its new line of automobiles.

Kia motor company

Kia Corporation, or simply Kia, is a South Korean multinational automobile manufacturer headquartered in Seoul. With sales of over 2.8 million vehicles in 2019, it is South Korea's second largest automobile manufacturer after its parent company, Hyundai Motor Company. Kia began as Kyungsung Precision Industry on June 9, 1944, as a manufacturer of steel tubing and bicycle parts, eventually creating Korea's first indigenous bicycle, the Samchully, in 1951.

To learn more about Kia motor company

https://brainly.com/question/13185927

#SPJ4

If ramen noodles are an inferior good, then an increase in income will lead to an increase in the demand for Ramen Noodles.

The demand for a class of goods known as inferior goods decreases as consumer income increases. When a nation's economy expands, so does the income of its people, which leads them to abandon the cheaper brands they previously bought in favor of more expensive ones.

The rise in household income has a significant impact on consumers' purchasing decisions, which in turn affects the sales of particular goods. As a result of their declining demand, these commodities become less appealing and of worse quality. In times of recession, economic contraction, or lower income, these commodities show negative price elasticity but end up being more accessible and in demand than pricey ones.

Therefore, it is the inferior goods whose demand decreases with an increase in income.

For more information on inferior goods, refer to the given link:

https://brainly.com/question/24100151

#SPJ4

A salamander relies on hydrogen bonding to stick to various surfaces. therefore, a salamander would have the greatest difficulty clinging to a surface of hydrocarbons.

It refers to the interaction involving a hydrogen atom located between a pair of other atoms having a high affinity for electrons, such bond are weaker than an ionic bond or covalent bond but stronger than van der Waals forces.

They can exist between atoms in different molecules or in parts of the same molecule. One atom of the pair such as a fluorine, nitrogen or oxygen atom, is covalently bonded to a hydrogen atom whose electrons it shares unequally.

Read more about hydrogen bonding

brainly.com/question/12798212

#SPJ1

Because water is generally needed to improve health and preserve local ecosystems while creating a competitive advantage. the actions and interests of the sunshine foundation are examples of an environmental sustainability.

This refers to the responsibility of the people to conserve natural resources and protect global ecosystems in order to support health and well-being and in the future.

The importance of environmental sustainability is to improve the quality of human life without putting unnecessary strain on the earth's supporting ecosystems, hence, the actions and interests of the sunshine foundation are examples of an environmental sustainability.

Read more about sustainability

brainly.com/question/4677073

#SPJ1

The best answer from the given option is reinvest the interest. (b)

When you choose to reinvest the interest got from an investment,, you have higher chances of getting more and higher interest for bigger and profitable investments.

For more information refer here;

https://brainly.com/question/17945499

#SPJ4

Direct labor and manufacturing overhead costs are known as conversion costs.

A product, cost center, or work order-specific production or service worker is referred to as direct labor. When a company manufactures goods, direct labor is the work of the production team that actually creates the goods, such as machine operators, assembly line workers, painters, and so forth. When a business offers services, direct labor is seen as the work of those individuals who offer services to clients directly, such as consultants and attorneys. In most cases, a person who bills time to a client is putting in actual labor hours.

Generally speaking, the cost of normal hours, shift differentials, and overtime hours spent by employees are considered to be direct labor costs.

To know more about direct labor visit:

https://brainly.com/question/23274188

#SPJ4

As the human resource manager, Garrett has been asked to find three new marketing employees who can help the company define its social media presence. Garrett is involved in assisting with corporate strategy

Below, this is further discussed.

Human resource management is, generally speaking, a strategic approach to the successful and deploy and management of people in a company or institution so that they contribute to the firm's ability to compete.

It is made to optimize worker performance in support of a company's strategic goals.

In summary, Garrett, who oversees human resources, has been tasked with hiring three new marketers who can assist the business in defining its social media presence. Garrett contributes to the company strategy.

Read more about Human resource management

https://brainly.com/question/14718429

#SPJ1

Answer:

A stronger reputation

Employee Satisfaction

Stronger Sales

Long Term Outlook

Treat Everyone the same

The whiskey tax caused the most harm to Western farmers.

Farmers and distillers in western Pennsylvania revolted in 1794 against a federal whiskey tax, sparking the Whiskey Rebellion. After years of aggressive tax collector behavior, the area ultimately erupted in a conflict that led President Washington to dispatch troops to put an end to what some feared may turn into a full-fledged revolt.

Republicans gained favor as a result of their opposition to the whiskey tax and the revolt itself, and in 1802, they ousted the Federalists from power in Washington. One of the earliest significant challenges to the legitimacy of the fledgling American government was the Whiskey Rebellion.

Learn more about the whiskey tax with the help of the given link:

brainly.com/question/844827

#SPJ4

In the Boston consulting group approach, relative market share serves as a measure of company strength in the market.

A metric that aids businesses in determining where they stand in the market in relation to their main rival are relative market share. Their benchmark is the latter's market share.

The importance of relative market share

You can locate the key companies and comprehend your place in the market by calculating your relative market share. See the sample below for a better understanding of this statistic.

For instance, Company A has a market share of 35% in the jewelry sector, which is amazing. It indicates that other businesses occupy 65%. If there are five leading jewelry brands, they will divide the remaining 65% among themselves, with each receiving about 10% of the market, making Company A the market leader.

Learn more about the market with the help of the given link:

brainly.com/question/14245591

#SPJ4

The number of sellers or competitors in a market is a determinant or shifter of the supply curve.

A seller can be defined as a person selling their goods or services to the people in the market. A seller can be an individual, a wholesaler, or an enterprise.

The change in the supply curve can be defined as the relation between the price of the commodity and the number of suppliers.

As a new competitor or new supplier enter the market, there will be a consequence ship in the supply curve, and they change the moment from the upward and the downward slope.

Learn more about seller, here:

https://brainly.com/question/12806996

#SPJ4

Depending on the business and industry, corporate social responsibility

social responsibility is a broad term that can take many different shapes. Businesses can build their brands while contributing to society through CSR initiatives, charity, and volunteer work. However, before a company can be considered socially responsible, it must first be held accountable to itself and its shareholders. Companies that implement CSR initiatives frequently expand to the point where they can support the community. Therefore, CSR is often a technique that big businesses use. After all, a company has a greater need to provide an example of moral conduct for its associates, rivals, and industry the more visible and successful it becomes.

Learn more about social responsibility hear:

https://brainly.com/question/13155143

SPJ9

People with both the desire and ability to buy a specific offering are referred to as group of: a market.

Market can be defined as the place for the exchange of goods and service in which buyer buy things for a seller in exchange for a product while the seller receive money in exchange for the goods they sold to the buyer.

Group of a market is the place for potential customers who has the desire and the ability to by promotional offers that was market to them.

Therefore People with both the desire and ability to buy a specific offering are referred to as group of: a market.

Learn more about market here:https://brainly.com/question/25369230

#SPJ1

During the purchase phase for new skis, Larry creates a Consideration set based on his skiing ability and price.

Consideration set

To Learn more about Consideration Set, Click the links.

https://brainly.com/question/13830675

https://brainly.com/question/14339601

#SPJ4

Job enlargement involves broadening the scope of a job by expanding the number of different tasks that are performed.

What is Job enlargement?

To know more about Job enlargement visit:

https://brainly.com/question/13600536

#SPJ4

Around 6 years is the estimated cash payback period.

Formula

Cash Payback Period = Initial Investment/ Cash Flow per year

Cash Payback Period = $380,800/$68,000

                                    = 5.6 years

Cash Payback Period = 6 years (approx value)

A company's net cash flow is the difference between its cash inflows and outflows over a specific time period. After covering all operating expenses and debt repayments, a business has a positive cash flow if it still has money left over.

Even though net cash flow and profit are sometimes used synonymously, they each have their own set of metrics for assessing corporate performance. The net cash flow of a business at any particular time demonstrates the total amount of money coming in and going out. But after deducting costs from revenue, profit is the amount that is left over.

But a company's success does not guarantee that it has a healthy cash flow that can easily pay for its costs. By providing a service to a client, for instance, money could be made, but it might take some time before it is paid out. The corporation reports revenue but no cash until the money is paid.

Thus, Net cash flow is quite different from profit.

For more information on the Cash Payback period, refer to the given link:

https://brainly.com/question/14803217

#SPJ4

If a person spends $18 a week on coffee (assuming $900 annually), the money would be worth $7,725 in 8 years if it were placed into an account generating 2%.

Define the monthly contribution you'll make (P), the period-to-period return rate (r), and the total number of periods you'll contribute (n). Subtract one from [tex](1 + r)^{n}[/tex] and divide the result by r. Multiply the result by P and you will obtain the future value of an annuity.

Here

Annual deposit amount = $ 900

Number of years = 8

Interest Rate = 2%

Using the Future Value Annuity Table, the future value of the retirement account will be determined.

FVAF (2%, 8 years) = 8.583

Future Value = 900 × 8.583 = $7,725

Learn more about future value:

https://brainly.com/question/8286272

#SPJ4