The text shows that food shortage in countries like Zimbabwe represent the force of change of a. economic shock.
What happened in Zimbabwe ?Zimbabwe was one of the top producers of food in the world until the government forcefully repatriated land from White land owners and then distributed it to others.
What followed was a wave of sanctions that led to economic issues in the nation and for a fall in food production such that there was food shortage. This shows the economic shock force of change because the economy was shocked by the sanctions.
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management at microsoft is considering a new tablet product line that requires expertise that the current engineering group does not have. as a result, the engineering group sees management as a threat. such perceptions of management as the enemy can lead to
As a result, the engineering group sees management as a threat. Such perceptions of management as the enemy can lead to disruption in achieving goals.
The psychology of the company's executives affects disruption. Leadership will be rewarded if they can spot a chance for disruption and act quickly to counteract another disruptive company.
Enhanced agility. The tech firms that pioneered the disruption trend have a reputation for being adaptable, innovative, and agile. They are more future-ready because they have flat organizational structures and less hierarchy. Companies that adopt the disruption ethos will gain similar advantages.More potential for development You'll probably notice growth opportunities when you're keeping an eye out for disruption. These new sales channels, markets, or products may not be truly disruptive innovations, but they can still help you scale your business and increase revenue.Learn more about Business, here
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explain why the government spending (g) component of gdp falls short of actual government expenditures?
Transfer payments are included in the latter category of government spending but not the former.
What takes place when the government cuts back on spending?Declining government spending tends to slow economic growth since less is bought by the government from the private sector. Increasing tax revenue has the tendency to decrease economic activity since it lowers people's disposable income and, consequently, causes them to spend less on products and services.
How does the economy respond to an increase in government spending?According to Keynesian economics, more government spending enhances aggregate demand and consumption, which leads to increased production and a quicker recovery from recessions.
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which factor is not considered in the oig work plan? mandatory requirements for oig reviews, as set forth in laws, regulations, or other directives. requests made or concerns raised by congress, hhs management, or the office of management and budget. top management and performance challenges facing hhs. inconvenience to the healthcare industry.
Top management and performance challenges facing hhs. inconvenience to the healthcare industry is not considered in the OIG work plan.
The OIG Work Plan outlines a number of projects, including OIG audits and evaluations, that the Office of Audit Services and Office of Evaluation and Inspections have underway or are anticipated to take on throughout the current fiscal year and beyond.
The Centers for Medicare & Medicaid Services (CMS), public health organisations like the Centers for Disease Control and Prevention (CDC) and National Institutes of Health (NIH), and human resources organisations like the Administration for Children and Families (ACF) and the Administration on Community Living are among the organisations with projects listed in the Department's Work Plan (ACL). Additionally, OIG plans to work on matters that pertain to both the Office's functional areas and departmental initiatives, such as the utilisation of federal funding by State and local governments.
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Take a look at the GDP components for the United States in the World Economic Statistics screen (ECST) below. Which GDP component was the biggest contributor at the time that this screen was captured?
Consumer expenses or personal consumption are simply the biggest GDP developer in the United States.
What is the.biggeat contributor to GDP?Consumer spending is the most important component of GDP, accounting for roughly two-thirds of GDP throughout the year. This indicates that consumers' spending decisions are the primary driver of the economy. When you look back in time, you will notice that you have not jumped too far. Rising consumer spending (goods and services) and private domestic investment are the main drivers of this increase, as government spending stagnates, imports outpace exports, and international trade contributes negatively overall.
The United States has the world's largest consumer market economy. Residents in the United States will spend approximately $12.5 trillion on durable and non-durable goods by 2020. That is more than $5 trillion less than the previous year. Consumer spending may not recover until 2022, and given the annual population growth of 2.5 million, the average American is spending the same amount as in 2019.
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which one of the following is a correct statement? group of answer choices exercise of warrants results in more outstanding shares of stock, while exercise of listed call options does not.
The group of answer choices exercise of warrants results in more outstanding shares of stock, while exercise of listed call options does not. D) I only
Because it is true that, Exercise warrants result in more outstanding shares of stock, while the exercise of listed call options does not.
Stock shares are a fixed percentage of ownership. Stock price fluctuations serve as a gauge of investor sentiment. Even though the price of a share may fluctuate over time, you are always paying for the same percentage of ownership.
Types of Stock in Share
The meaning of the word "share" might vary based on the rights that shareholders are granted. Most buyers of common shares will do so through a broker. There are other sorts of shares to take into consideration, though.
The fundamental voting rights and dividend rights of other common stockholders are included with ordinary shares.
In the case of insolvency, preferred shares represent stock with a greater dividend or priority payout and a claim prioritizing assets. They are frequently non-voting shares given to early-stage partners and investors.
Ordinary and preferred shares have more rights than deferred shares, which normally get dividends or liquidation distributions last. After a specific date or when the owner achieves certain criteria, they often convert to ordinary shares.
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mila thinks her boss, elliot, is a very effective leader. when mila is asked whether elliot is collegial and professional with his peers, she says yes, even though she's never actually observed elliot around his peers. this issue is most relevant to which theory of leadership?
Mila thinks her boss, elliot, is a very effective leader even though she's never actually observed Elliot around his peers. This issue is most relevant to implicit-leadership theory.
What are the three main theories of leadership?
The Great Man Theory, the Trait Theory, and the Behavioral Role Theory are three of the most important leadership theories. Because leadership is such a vast idea and term, there are many different viewpoints and theories about it.
Why is the theory of leadership important?Theories of leadership describe how and why particular people develop to be leaders. They place emphasis on the personality traits and behaviors that people might adopt to develop their leadership abilities. Strong moral beliefs and ethics are among the top traits leaders list as necessary for effective leadership.
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garden variety flower shop uses 187.5 clay pots a week. annual carrying costs are $0.60 per pot per year. ordering costs are $20 per order. lead time is 2 weeks. the store operates 48 weeks per year. how much should the store order at one time?
The store should order 745 clay pots at one time. The Economic Order Quantity is 745.
What is Economic Order Quantity?The optimal number of units to buy to satisfy demand while reducing inventory expenses including holding costs, stock outs, and order costs is known as the economic order quantity (EOQ).
Economic order quantity is a formula used by businesses to determine the ideal order amount in an effort to reduce the expenses associated with logistics, warehouse space, stock outs, and overstocks. The EOQ model's objective is to establish the ideal quantities you ought to have.
Given,
Weekly Demand (d) = 187.5 clay pots
Annual demand (D) = 187.5*8
= 9000
Ordering cost (S) = $20
Carrying Cost (H) = $0.60 per pot
[tex]EOQ=\sqrt{\frac{(2\times D\times S)}{H} }[/tex]
[tex]EOQ=\sqrt{\frac{(2\times 9000\times 20)}{0.60} }[/tex]
[tex]EOQ=\sqrt{\frac{360000}{0.60} }[/tex]
EOQ = 774.6≈775
Therefore, the store should order 745 clay pots at one time.
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when you create a script, you should include the command that sets the particular shell to use on .
Shell scripts are collections of commands that you frequently use. Normally, this process is started by typing the script's name onto the command line.
As an alternative, you can utilise cron-enabled scripts to automate processes. Scripts can also be used in the UNIX start and shutdown process, where init scripts dictate how daemons and services should operate.
Open a brand-new, blank file in your editor to start writing a shell script. Any text editor will work, including vim, emacs, gedit, dtpad, etc. Vim or emacs are two more sophisticated editors that you might want to consider because they can be set up to recognise shell and Bash syntax and can be a huge help in commands.
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flash receives a distribution of long-term capital gain property worth $40,000 (basis to the s corp of $10,000) from the s corporation in which he is a 50% shareholder (never previously a c corporation). flash's basis in the s corporation before the distribution was $52,000. what is flash's basis after the distribution?
Flash's basis in the S corporation after the distribution will be equal to $27000.
Within any organization or firm, there are multiple shareholders of the firm. Each shareholder has a share in the company's profit and even has the say whenever any important decision has to be taken. Flash is also a shareholder in S corporation. Now, at first Flash increases his basis by 50% of the gain on property distribution by S corporation. This is expressed as
Increased basis = (Capital worth - Basis to S corporation) × 50%
Increased basis = ($40000 - $10000) × 0.5
Increased basis = $15000
Now, Flash reduces the basis as
Reduced basis = Basis before distribution + Increased basis - Capital worth
Reduced basis = $52000 + $15000 - $40000
Reduced basis = $27000
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Belinda thinks her company should use a push strategy for its new product line because it needs to educate consumers on how to use the product. How does a push strategy promote products?.
Push strategy promote products through personal selling.
What is personal selling?Personal selling occurs when a salesman meets with a potential client to close a deal. Many salesmen employ a nine-step sequential sales procedure. Some salespeople write scripts for the entire sales process or just a part of it. The sales process is used in both in-person and telemarketing engagements. Around the fourth century BCE, the Socratic philosophers voiced some reservations with the novel sale. Their analysis focused mainly on how selling's more social components would be disrupted. The social perspective that emphasizes the ties that bind society's constituents was fostered by traditional modes of transaction. People shared in their neighbors' suffering, for instance, during times of starvation or drought.
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no person may operate a large civil aircraft of u.s.-registry which is subject to a lease, unless the lessee has mailed a copy of the lease to the faa aircraft registration branch, oklahoma city, ok, within how many hours of its execution?
Within 24 hours of its implementation, to the Aircraft Registration Branch, no person may operate a big civil aircraft with a U.S. registry.
Which document is necessary while flying a civil aircraft registered in the United States?An Aircraft Registration Application, AC Form 8050-1, official ownership documentation, and the current registration cost are needed for this. Online forms and further details can be found at http://registry.faa.gov. Title 14 of the Code of Federal Regulations, Parts 47 and 48, contain regulations regarding aircraft registration.
What documents, as required by this regulation, must be carried on board by all US aircraft?They consist of a weight and balance report, registration certificate, operating restrictions, and airworthiness certificate. FAR 91.203 states that an aircraft must display a valid airworthiness certificate.
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the cobit framework primarily relates to group of answer choices best practices and effective governance and management of private companies. best practices and effective governance and management of public companies. best practices and effective governance and management of information technology. best practices and effective governance and management of organizational assets.
The COBIT framework places a strong emphasis on regulatory compliance, enables businesses to derive greater value from it.
Which of the following control elements is included in the analysis framework for internal control systems?An internal control structure must be implemented and followed throughout the business in order to accomplish these goals. The control environment, risk assessment, control actions, information and communication, and monitoring are the five elements that make up the internal control framework.
Which one of the aforementioned is an illustration of an IT control structure for IT governance?
While risk response is an important part of the ERM framework, it is not included in the COSO internal control structure.
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what type of organizations benefit from a savings in pension benefits when switching from a defined-benefit plan to cash balance plans? group of answer choices organizations with many retired employees organizations with highly skilled, young employees organizations with many experienced employees organizations with many young employees organizations with a few skilled employees
An employee is guaranteed an employer contribution from a cash balance plan, a kind of defined benefit pension plan, equivalent to a percentage of annual earnings.
What advantages do businesses that choose to use pension funds get?A pension fund is regarded by the IRS as a qualified retirement plan and is eligible for tax deductions for contributions. The IRS provides a tax deduction for donations made to a qualified plan in order to promote retirement savings.
Who is helped by a pension plan?An employee benefit known as a pension plan requires the company to make regular contributions to a fund that is put aside to pay eligible employees after they retire.
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The term _____________ describes a situation where a ________________ causes a reduction in the buying power of income, even though actual income has not changed.
A. substitution effect; lower price
B. intertemporal budget; higher price
C. income effect; higher price
D. intertemporal budget; lower price
The right answer is C. The term "income effect" describes a situation in which a higher price causes a reduction in the purchasing power of income, even while actual income is unchanged.
What does income effect mean?The income effect in microeconomics refers to the following change in demand for a good or service caused by an adjustment in a consumer's actual income or purchasing power. According to the income impact, when people's incomes increase, they will start to want more (and vice-versa).
Recognizing the Income EffectThe income effect describes how shifts in relative market prices and incomes have an impact on consumer spending habits for products and services. The idea of consumer choice connects preferences to consumption expenditures and curves of customer demand. Consumers will want to purchase more of the typical economic goods as real consumer income rises.
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if a supervisor acts in an aggressive, disrespectful way toward employees, how are the employees likely to respond? (choose every correct answer.)
The excellent way to cope up with such personnel is to remain calm and have patience.
What non-public competencies will assist you maintain Patience when you do that?Listening skills, empathy, emotional intelligence- knowing why the character is difficult, makes it simpler to empathize. They require constant effort; they do no longer occur quickly.
What are the 3 strategies of self-control?Monitoring, standards, and strength are the three main aspects of self-control. All the willpower methods involve at least one of these elements and try to create the motivation wished for controlling one's behaviors.
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https://brainly.com/question/10704882#SPJ4narton corp has provided the following information for a machine whose limited capacity is prohibiting the company from producing and selling additional units: actual run time this week 4,550 minutes machine time available/week 6,500 minutes actual run time this week 3.8 units per minute ideal run rate 4.0 units per minute defect-free output this week 16,000 units total output this week (including defects) 17,290 units
For a machine whose limited capacity is prohibiting the company from producing and selling additional units, 37.87% is the machine's OEE.
OEE (Overall Equipment Effectiveness) calculation:
OEE= Utilization rate * Efficiency rate * Quality rate. The utilization rate is calculated as follows: Operating time/Scheduled time = 4550/6500*100 = 70%.
The efficiency rate is calculated as follows: (total output*ideal run rate) / Operating time (17290 / 6.5) / 4550 = 2660/4550 = 58.46 percent. Good units produced divided by total units produced gives a quality rating of 16000/17290 or 92.54 percent.
OEE is calculated as follows: 70% * 58.46% * 92.54% = 37.87%.
The overall equipment effectiveness of a manufacturing operation is a measurement of how well it is used in comparison to its full potential during the times when it is scheduled to run. It determines how much of the time spent manufacturing is actually productive.
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you short-sell 200 shares of tuckerton trading co., now selling for $50 per share. what is your maximum possible gain, ignoring transactions cost?
No limit, To achieve a point when your loss is zero, the price of an option must increase to include the fair value in extra the already paid premium (breakeven).
What is the highest possible profit?To achieve a point when your loss is zero, the value of the option must increase to include the market price in extra to the existing premium (breakeven). As a call buyer, you have unlimited potential for profit because there is no increase in price cap.
The maximum gain is the strike price multiplied by the premium minus 100. Paid premium = maximum loss.
How are option gains and losses determined?The money from the sale, if the holder decides to sell the stocks or bonds that just bought at their market price, will also be money she earns. Subtract the amount she spent from the amount she earned to determine her profit or loss. That's all there is to it.
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what amounts will flay report for net income in its 2019–2021 comparative income statements? (enter your answers in millions (i.e., 10,000,000 should be entered as 10).)
net income Flay will provide comparative income statements for 2019 to 2021 that show net income of $ 80.
How are net profits determined?Net income is calculated by first deducting expenses like interest and taxes payments from gross income, which is total amount of funds produced. A person's net income, as opposed to their gross income, is the amount they actually receive from each paycheck after payroll deductions.
What are earnings and net earnings?Gross income is the sum of all the money made from selling goods and services during a specific time period. Net income is the remaining profit after all costs have been deducted from gross income. The financial health of your company can be understood only once you are aware of the differences between the two.
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if a $10,000, 12%, 10-year bond that pays interest annually sells at an amount greater than face value, the market rate of interest would be percent. 8 15 20 18
The market rate of interest would be 8%. (first option)
What is the market rate of interest?A bond is a debt instrument that is used by companies to raise capital for its operations. Bondholders earn an interest on the amount invested. The interest that would be earned depends on the coupon rate of the bond.
If the market rate of intis less than the bonds coupon rate the bond is selling at a premium. Bond issuers would receive a greater sum than the face value of the bond as payment when the bond is sold.
Thus, the market interest rate of the bond would be less than 10%. The only option that is less than 10% is 8%.
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when price discriminating, a company owner should set price for each customer. no higher than marginal cost at the competitive market equilibrium at or just below the marginal benefit equal to marginal cost
when price discriminating, a company owner should set price for each customer.just below the marginal benefit equal to marginal cost
What can we say about a firm that is perfectly price discriminating?
First-degree discrimination, or perfect price discrimination, occurs when a business charges the maximum possible price for each unit consumed. Because prices vary among units, the firm captures all available consumer surplus for itself or the economic surplus.
What is marginal benefit and marginal cost?
Marginal benefit is the maximum amount of money a consumer is willing to pay for an additional good or service. The consumer's satisfaction tends to decrease as consumption increases. Marginal cost is the change in cost when an additional unit of a good or service is produced.
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sol and thom agree to form a partnership to sell real property. to be enforceable, their agreement must be
Sol and Thom agree to form a partnership to sell real property. To be enforceable, their agreement must be: B. in writing.
What is a contract?In Business management, a contract can be defined as a formally written agreement between two or more parties such as a group of people, team, employees and employers, etc., which primarily gives rise to a mutual legal obligation that is enforceable by law across specific jurisdiction in the world.
What is a partnership?A partnership can be defined as a type of business ownership in which two or more individuals come together to start up a business and share the profits made together, usually under a signed contractual agreement (contract) between all of the parties involved.
In conclusion, an agreement must be in writing before it can be legally enforced by both parties in accordance with contract law.
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Complete Question:
Sol and Thom agree to form a partnership to sell real property. To be enforceable, their agreement must be
all of the choices.
in writing.
filed in the appropriate state office.
signed by a witness.
Based on the legal contract principles, when sol and them agree to form a partnership to sell real property. to be enforceable, their agreement must be in writing.
What is a Written ContractA Written contract is a legal term that is used to describe the type of agreement in which the details of the contract are printed in a document.
In a written contract, the agreement between two or more parties is legally binding document, which is also more enforceable than oral agreements.
In this case, for sol and thom agree to form a partnership to sell real property. to be enforceable, their agreement must be in writing.
Hence in this case it is concluded that the correct answer is that their agreement should be in written form or a form of Written Contract.
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The current year financial statements for Blue Water Company and Prime Fish Company are presented below. Blue Water Prime Fish Balance sheet: Cash Accounts receivable (net) Inventory Property &equipment (net) Other assets Total assets Current liabilities Long-term debt (interest rate: 15%) Capital stock ($10 par value) Additional paid-in capital Retained earnings Total liabilities and stockholders' equity Income statement: Sales revenue (1/2 on credit) Cost of goods sold Operating expenses Net income Other data: Per share stock price at end of current year Average income tax rate Dividends declared and paid in current year $ 20,300 33,100 44,200 409,400 312,000 S819,000 $ 59,500 61,400 519,000 106,700 72,400 S819,000 $ 41,700 41,500 95,500 150,500 84,700 S 413,900 $ 95,500 69,900 152,900 29,700 65,900 413,9005 819,00 6131000- S 436,500 (237,500) 162.400) $ 795,000 (400,700) 311,700 $ 82,600 $22.7 45 45% $ 33,700 $ 151,500 BLUE WATER COMPANY PRIME FISH COMPANY Ratio Profitability ratios: Return on equity Return on assets Financial leverage percentage Net profit margin Earnings per share 2. Turnover ratios: Total asset turnover Fixed asset turnover Receivable turnover Inventory turnover 9 Liquidity ratios 10 Current ratio Quick ratio 12. Cash ratio Solvency ratios 13. Debt/equity ratio Market ratios 14 Pricelearnings ratic 15. Dividend yield ratio
Direct expenses, or cost of goods sold (COGS), are subtracted from net sales, which are gross revenues minus returns, allowances, and discounts, to determine the gross profit margin. The gross profit margin ratio is determined by dividing that number by net revenues and then multiplying it by one hundred percent.
The Gross Profit Ratio (GP Ratio) of Blue Water Company is equal to (429,000-235,000)/429,000*100, or 45.22 percent. The Prime Fish Company Go Ratio is equal to (790,000-401,200)/790,000*100, or 49.22 percent.
The income before interest and interest expense divided by the times interest earned ratio is equal to 100 Blue water company = 194,000/163400 = 118.7% Prime fish company = 388,800/312,200 = 124.54%.
Cash coverage ratio is the ratio of cash and cash equivalents to current liabilities. Blue Water Company is 42,200 times 93,000, or 45.37 percent. Prime Fish Company is 19,800 times 34,600, or 57.23%.
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the purpose of heat treating annealed glass (results are tempered or heat-strengthed glass) is to induce permanent compressive stresses in the edges and faces of the glass which makes the glass stronger than annealed glass and more resistant to thermal stress and impact.
True, Heat-treating annealed glass is done to create permanent compressive stresses in the edges.
Heat treatment is the process of heating metal, holding it at that temperature, and then cooling it back down. The mechanical properties of the metal part will change during the process. This is due to the fact that high temperatures change the microstructure of the metal.
Heat-treating metal can soften it and improve its formability. It can make parts harder in order to increase strength. To increase abrasion resistance, it can apply a hard surface to relatively soft components. It can form corrosion-resistant skin to protect parts that would corrode otherwise.
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interest rate fundamentals: the real rate of return carl foster, a trainee at an investment banking firm, is trying to get an idea of what real rate of return investors are expecting in today's marketplace. he has looked up the rate paid on 3-month u.s. treasury bills and found it to be
Real Return= nominal rate of return - inflation rate which is 5.5% - 3%. Thus, the approximate real rate of return is 2.5%.
Inflation is advantageous to whom?Collectors. In the past, collectibles like fine art, wine, or baseball cards have benefited from periods of inflation when the dollar's purchase value declined. Investors frequently choose hard assets, which are more likely to hold their value amid market turbulence, during periods of high inflation.
With such tremendous inflation, where should I put my money?Long-term returns on investments in stocks typically outperform inflation, but those in commodities, TIPS, I-bonds, or real estate can only be used as further diversification in a portfolio. Long-term bonds will be impacted if interest rates start to climb, whereas cash sitting on the sidelines would always lose value.
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if the fed decides it needs to decrease both the aggregate demand and the money supply, then it will institute:
Answer: It would follow tight monetary policy
Explanation: Hope this was helpful
explain why a firm's financial statements should be audited. what might happen if audits do not occur? discuss.
Failure to conduct an audit can have serious repercussions.If auditors fail to spot errors in your financial reporting, the issues could become catastrophic and lead to a company's demise.Even if the company survives, unresolved liabilities can accumulate to the point where dealing with them becomes a significant challenge.
Why is it necessary to audit financial statements?
The assurance that financial statements are presented accurately and in accordance with generally accepted accounting principles (GAAP) is the goal of a financial audit, which enables business owners to make confident business decisions.
Why are audits so crucial?
A review is significant as it gives believe ability to a bunch of budget summaries and gives the investors certainty that the records are valid and fair.A company's internal controls and systems may also benefit.
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cumberland farms, a convenience store chain based in framingham, massachusetts, has a reputation for empowering its employees. in part, the company does this through online apps that allow workers to give input to decisions. if cumberland farms wanted to take other actions to empower its workforce, which of the following should it consider?
The correct answer is adopt a compensation plan that pays employees more when the company meets its goals.
Discuss the company's progress toward achieving its strategic goals on a regular basis, as well as the dangers and weaknesses that provide difficulties. Increase the amount of decisions that employees can make for themselves regarding how they carry out their work without management permission.
Giving your team members the authority to act and make decisions within your company is a key component of empowering your workers. It also implies that there is mutual trust and understanding to guarantee that these behaviors are consistent with corporate objectives. For a business to expand sustainably, employees need to feel empowered.
In fact, research has shown that "when people feel empowered at work, it's related with higher job performance, job satisfaction, and devotion to the firm," according to the Harvard Business Review.
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an investment that cost $30,000 provided annual cash inflows of $9,000 per year for five years. the desired rate of return is 10%. the internal rate of return from the investment is: (pv of $1 and pva of $1)
The internal rate of return from the investment is Greater than the desired rate of return.
A higher IRR means a higher go back on investment. Within the international of industrial real property, as an example, an IRR of 20% could be taken into consideration right, however it's important to take into account that it's always related to the value of capital.
Commonly, the better the IRR, the higher. However, a employer may additionally opt for a project with a lower IRR, as lengthy because it still exceeds the price of capital, because it has different intangible advantages, which include contributing to a larger strategic plan or impeding competition.
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a broker works on a 50/50 commission split with her firm. if she lists a house at $156,000 for 6% commission and sells it for $154,000, how much will she receive?
The 06 is the full commission amount for a total of $9,240.
A sales fee is a sum of money paid to a worker upon the final touch of a project, normally promoting a sure amount of goods or services. Employers every now and then use sales commissions as incentives to increase employee productivity. A fee can be paid in addition to profits or in place of revenue.
Commission refers to the reimbursement paid to an employee after completing an assignment, which is, often, promoting a sure wide variety of products or services. selling products or services is tough. specialists who're into sales and advertising address hard competition.
A price paid for offerings is generally a percentage of the total price. instance: town Gallery sold Amanda's portrait for $500, Amanda paid them a ten% commission, and so ended up with $450 for the portrait.
.
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over time, while large-scale entry is more profitable in the short-run, small-scale entry becomes more profitable in the long-run.
Over time, while large-scale entry is more profitable in the short-run, small-scale entry becomes more profitable in the long-run. This statement in the false. Thus, option (b) is correct.
What is large-scale entry?
Large scale market entry indicates rapid entry and provides first mover benefits such as market acquisition, economics of scale, and cost advantages. A smaller-scale introduction helps the firm to steadily grow while becoming more acquainted with the marketplace and period following to it.
According to the scale of entry, are the based on the large-scale entry and the small-scale entry. The small-scale entry is the foreign market based not the long run.
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