Competitors Study guides, Class notes & Summaries

What is a price taker? - ANSWER-A company that has to accept the price that the market sets for a good. They have no influence over setting the price. What is a price maker? - ANSWER-a firm possessing the power to set the price within the market. They still need to track all costs in order to make sure they are making an adequate return. What is the major purpose and use of job order costing? a. To create a system that tracks both manufacturing and period costs and assigns both to produ...

This document contains workings, explanations and solutions to the MAC4863 Assignment 2 (QUALITY ANSWERS) 2024. For assistance call or us on 0.6.8..8.1.2..0.9.3.4.... Question 1 (25 marks) (This question comes from the Jan/Feb 2024 supplementary exam) Eagle Logistics (EL) was started many years ago when its founder Amir Singh, invested his retrenchment package into establishing the business. Amir has retired and handed over the business to his two sons, Hassan and Rohan. EL is a specialist in i...

MNB1501 Assignment 2 Semester 1 2024 (Solutions) Question 1 Not yet answered Marked out of 1.00 Flag question Question text Which one of the following statements is true regarding a partnership? a. The enterprise has a lack of continuity in that a new enterprise will be formed when the previous one is disbanded. b. A founding statement and a Memorandum of Incorporation are needed to start this form of enterprise. c. The enterprise has the advantage of being a legal pers...

Question 2 of 21 1.0 Points Which stakeholders have the first claim on assets when a organisation enters bankruptcy?  A. Creditors  B. Top management  C. Debtors  D. Shareholders Answer Key:A Question 3 of 21 1.0 Points The long-term financial goal of the firm may be achieved by ...  A. maximising revenue and minimising expenses.  B. minimising the cost of capital and maximising the internal rate of return (IRR).  C. maximising the assets relative to the ...

World Karate Federation KATA Test Questions and Answers 1. Competitors must wear a plain blue or red belt corresponding to their pool. - ️️ True. Article 2. Competitors. 1. 2. The total time allowed for the Kata and Bunkai demonstration combined, is six minutes. - ️️ False. Article 3. 10. (5 minutes) 3. In Kata competition slight variations as taught by the contestant's style (Ryu-ha) are permitted. - ️️ True. Article 5.2. 3rd paragraph 4. Glasses are forbidden in kata compl...

SOLUTION MANUAL FOR MANAGERIAL ACCOUNTING 13th EDITION BY GARRISON ALL CHAPTERS INCLUDED 2023/2024. © The McGraw-Hill Companies, Inc., 2010. All rights reserved. Solutions Manual, Chapter 1 1 Chapter 1 Managerial Accounting and the Business Environment Solutions to Questions 1-1 A strategy is a game plan that enables a company to attract customers by distinguishing itself from competitors. The focal point of a company‘s strategy should be its target customers. 1-2 Customer v...

Marketing creates, communicates, and delivers value to the firm's chosen customers. This enables the firm to attract and keep customers. Attracting and keeping customers drive _____________ for the firm. A. Priced B. Profitability C. Promotion D. Product E. Place correct answers B. Profitability The path to profitability starts with: A. Understanding customers within the context of the marketing environment B. Executing clever advertising campaigns using digital media C. Reducing pri...

1. If the competition area is elevated another meter to a total of 3 meters is required on all sides. - Answer- True, 1.5 (should be a comma after 'elevated.') 2. Any Voluntary religious headwear can be worn. - Answer- False, 2.1.2.b) (WKF approved). 3. The karate-Gi jacket must be more than three-quarters thigh length. - Answer- False, 2.2.1.g) 4. The karate-Gi trousers must cover at least two-thirds of the shin. - Answer- True, 2.2.1.l) 5. The karate-Gi jacket sleeve must be no l...

RECA Fundamentals Exam| 2023/ 2024| Questions and Verified Answers|100% Correct QUESTION Errors and Omissions Insurance? Answer: real estate equivalent of malpractice coverage QUESTION Comprehensive General Liability Insurance? Answer: - broad coverage for claims against injury/damage - civil liability (a fall) - any damages or injuries - legal defense costs - does not cover issues related to real estate transactions QUESTION Voluntary Broker Resoluti...

Strategic Management correct answers an integrative management field that combines analysis formulation and implementation in the quest for competitive advantage Strategy correct answers set of goal directed actions a firm takes to gain and sustain superior performance relative to competitors The 3 Good Strategies (AFI) correct answers 1. Diagnosis *(Analysis)* 2. A guiding policy *(Formulation)* 3. A set of coherent actions *(Implement)* Competitive Advantage correct answers superior...