In which two market structures can the taxi industry and shisanyama/chicken braai/chicken dust around your community be classified

Answers

Answer 1

The two market structure that taxi industry and shisanyama/chicken braai/chicken is oligopoly and monopolistic competition.

What is market structure?

Market structure is a strategy that show how different firms or industries are classified and differentiated based on the types of goods they sell or produce and how their operations are affected by external factors.

Therefore, The two market structure that taxi industry and shisanyama/chicken braai/chicken is oligopoly and monopolistic structure.

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Related Questions

In your budgeting process, when should you look at recurring expenses?

after considering entertainment expenses
after your wants but before your needs
before looking at your needs
before reviewing your wants

Answers

Answer:

before reviewing your wants

Explanation:

Once the needs are accounted for, it is time to check those recurring expenses that are not considered essential, like home deliveries, internet purchases, and so on, and this check needs to be made before rewiewing your wants, which is the least essential expense category, and thus, the one that can be forgone in case your budget is not enough for it.

A company has budgeted overhead of $10,000 and standard overhead applied of $10,400. The volume variance is:

Answers

Based on the budgeted overhead and the standard overhead, the volume variance would be $400 Favorable.

What is the volume variance?

The volume variance can be found as:

= Standard overhead applied - Budgeted overhead

Solving gives:

= 10,400 - 10,000

= $400

As this figure is positive, this is a favorable variance.

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Suppose there were several large outstanding checks on the year-end bank reconciliation that did not clear the bank by the cutoff date. Discuss the possible cause(s) of this, and discuss the nature of the potential misstatement(s) that could result.

Answers

Insufficient funds and irregular signatures are reasons why a cheque may not be cleared in time.

What is a Cheque?

This can be defined as a written, dated, and signed instrument which directs a bank to pay a specific sum of money to the bearer.

Insufficient funds and irregular signatures may delay the clearing of cheque which is a result of human error and could lead to returning it.

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Which type of nominal decision is characterized by a fairly high degree of product involvement but a low degree of purchase involvement

Answers

Brand loyal decision is a type of nominal decision that is characterized by a fairly high degree of product involvement by a customer, but a low degree of purchase involvement.

What is Brand loyal decision?

A brand loyal decision can be defined as a type of nominal decision which involves a customer having a fairly high degree of involvement in the products offered by a producer (business organization) but a low level of involvement in its purchase.

This ultimately implies that, a brand loyal decision is characterized by a fairly high degree of product involvement with subsequent low degree of purchase involvement.

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Alicia is interested in purchasing a set of ear buds to use with her laptop and smartphone. She visits best buy and notices that the prices vary from $10 to several hundred dollars. Alicia prefers wireless ear buds and compares the skullcandy model that costs $90 to a similar pair from beats by dre that cost $119. She decides to purchase the beats brand because she believes it’s a higher quality set. In this case, alicia has been influenced by the _______ effect of price.

Answers

She decides to purchase the beats brand because she believes it’s a higher quality set. In this case, alicia has been influenced by the Informative effect of price.

Information effect of price.

Consumers tend to use the information about the price of a product to ascertain its Quality. The is basically because the perception of quality  is usually indicated by price.

Here, Alicia buying the beats brand even thogh it costs higher than the skullcandy model  shows that she is using the information effect of price making her to perceive the beats brand as having higher quality.

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When workers perceive they are being treated fairly on the job, they are most likely to.

Answers

If a workers perceive they are being treated fairly on the job, they are most likely to: support organizational change.

Who is a worker?

A person is classified as a worker if they work for a company or organization  using their skills and knowledge so as to earn wages.

An employee who is treated fairly in a company will tend to ensure that they are productives and as well support the company in achieving their set goals and objectives.

Therefore If a workers perceive they are being treated fairly on the job, they are most likely to: support organizational change.

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Nora needed to make a long-distance call from a pay phone and did not have the cash. She was able to make the call by using her:

Answers

Nora was able to make her long-distance call with the use of her Cash Card

What is a Payment Method?

This refers to the different mediums through which a person is able to make payments.

Hence, we can see that because of the long-distance call Nora wanted to make, she had to make use of her Cash Card to make payment because it is disposable and re-usable.

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Identify the factors that contribute to the key organizational service communication challenges. (Check all that apply.) Multiple select question. External marketing communication Management of service promises Service tangibility Management of customer expectations Customer education

Answers

The key to organizational success, both for one and the organizations with whom one is involved, is effective communication. Hence the factors that contributed to the key organizational services communication challenges are as listed below.

Management of service promises Management of customer expectations

Key Service Communication Challenges

service intangibility, management of service promises,management of customer expectations,customer education, and internal marketing communication

Therefore, the one that does not apply are External marketing communication and Service tangibility.

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Businesses use firewalls to protect their networks from internal threats.
O True
False

Answers

True!
Correct on ED2022

The marginal revenue curve for a monopolist is greater than the price because the monopolist faces a downward sloping demand curve for its product.Group startsTrue or False

Answers

It is a false statement that the marginal revenue curve for a monopolist is greater than the price because the monopolist faces a downward sloping.

Why is it a false statement?

The situation is that the marginal revenue curve for a monopolist are always less than the price.

This is because for each additional unit of output the marginal revenue is declining its results from the downward sloping market demand curve.

Therefore, the statement given is a false statement.

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One benefit to using the Post Performance area within Hootsuite Analytics is that you can sort published posts by

Answers

Benefit to using the Post Performance area within Hootsuite Analytics is that you can sort published posts by:

ReachCommentsSharesEngagement rate

Post performance area within Hootsuite Analytics

Making use of Post Performance area within Hootsuite Analytics makes it easy for you to view all you post and to effectively manage your post.

Post performance area makes it possible to for you to sort all of your published post by using any of the following:

ReachCommentsSharesEngagement rate

Therefore Benefit to using the Post Performance area is to reach, comment, shares and engagement rate.

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A country with an absolute advantage can produce a good or service more slowly than another country. more efficiently than another country. less efficiently than another country. in twice the time as another country.

Answers

A country with an absolute advantage can produce a good or service more efficiently than another country and Option B is correct.

What is absolute advantage?

Absolute advantage can be defined as an economic concept that talks about the superiority in production capabilities in comparison to the competitors.

Goods and services are produced more efficiently than others as less time and resources are consumed in order to produce a particular product or service.

A country that has an absolute advantage will not face any problems and competition because they are the leaders in the process of production.

Therefore, A country with an absolute advantage can produce a good or service more efficiently than another country.

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B. More efficiently than another country.

In 2019 Bard, Inc. (BCR) had sales per share of $36.21, net profit margin of 19.1%, and paid $1.39 dividend per share. The Dividend Payout Ratio and Retention Rate are:

Answers

The Dividend Payout Ratio and Retention Rate are 20% and 80% respectively.

What is the Dividend Payout Ratio and Retention Rate ?

The first step is to determine the net income for Bard, Inc.

Net income = net profit margin x sales per share

$36.21 x 0.191 = $6.92

Dividend payout ratio is the share of net income that is paid out as dividends.

Dividend payout ratio = dividend / net incom e

$1.39 / $6.92 = 20%

Retention rate = 1 - payout ratio

1 - 0.2 = 80%

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One natural consequence of mastering your job can be increased _______. a. excitement b. boredom c. interest d. fear

Answers

One natural consequence of mastering the job of any individual can be increased boredom. Option b is correct.

What is boredom?

Boredom is characterized by a sense of emptiness as well as frustration with that emptiness.

When a person is bored, he/she is more likely to have a short attention span and be uninterested in what's going on around the person.

Boredom of a lengthy vehicle drive, the state of being tired and restless due to a lack of interest

A person have may have feelings of apathy, nervousness, weariness or jitteriness, and the natural consequence of mastering the job can be increased boredom.

Therefore, option b is correct.

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Answer:

B: Boredom

Explanation:

One natural consequence of mastering your job can be increased _______.

a. Excitement

b. Boredom

c. Interest

d. Fear

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Which is true about the privacy policies users must agree to before using a website?
O They prevent users from sharing content on the site with others.
O The majority of people do not read them before agreeing to them.
O The government regulates them to ensure they protect consumer privacy.
O They guarantee they will not sell your personal information to third parties.

Answers

Privacy policies that is true that a user must agree to before using a website is that they guarantee they will not sell your personal information to third parties.

What is private policies?

Privacy Policy are usually a legal agreement between a user and the website, the policies help to explains the kinds of personal information that is available on the website and the one that can be assessed by such individual.

Therefore, Privacy policies that is true that a user must agree to before using a website is that they guarantee they will not sell your personal information to third parties.

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A ________________ is the amount that one division charges when it sells goods or services to another division within the same company.

Answers

Answer:

A transfer price.

A transfer price is the amount that one division charges when it sells goods or services to another division within the same company.

The Xer-Wise Corporation manufactures and markets high quality home exercise equipment. The firm has just developed a new piece of equipment that top executives believe will be a big seller if promoted correctly. The new product uses a system of adjustable weights that can be arranged in various ways to allow the user to perform exercises that tone all major muscle groups. Additionally, unlike other strength building machines, this equipment also incorporates a recumbent bicycle to provide a complete cardio workout. The entire piece of equipment is easy to assemble, and when not in use it can be folded into a compact unit that is easy to store. A group of fitness experts have tested the equipment and have provided rave reviews. Company executives believe that this product, called the MuscleMaster, will appeal to busy young adults living in relatively small apartments. Melody Fitt and Tom Trym have been assigned the responsibility of developing a promotion mix for this product. The team of Fitt and Trym is convinced that they can develop a successful promotion mix for this outstanding product. Tom and Melody are considering the extensive use of ads in fitness magazines and a direct mail campaign targeted at people who have bought other products made by Xer-Wise. Since these messages are geared directly to customers, it is clear that Tom and Melody want to implement a _________ strategy

Answers

The fact that the messages are directly to customers, it is clear that Tom and Melody want to implement a infomercial strategy.

What is an infomercial strategy?

It should be noted that an infomercial strategy simply means a strategy that's used to create a solution to a particular problem.

In this case, the fact that the messages are directly to customers, it is clear that Tom and Melody want to implement a infomercial strategy.

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The owners of a(n) are not personally responsible for the debts of the business. (Enter only one word per blank.)

Answers

limited liability company is one whereby owners are not personally responsible for the debts of the business.

What is limited liability company?

A limited liability company serves as a business structure which gives owners protection from personal responsibility for its debts or liabilities.

This type of structure is common in the U.S. and it help the sustainability of the business.

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An inverted u-shaped relationship between the type of diversification and overall firm performance indicates that:.

Answers

The type of diversification and overall company performance have an inverted U-shaped relationship, indicating that: a. levels of vertical integration and overall firm performance have an inverse association.

References are typically included on a résumé. please select the best answer from the choices provided t f

Answers

Answer:

This is false.

Explanation:

You only have so much room on a resume, and refrences can be a waste of space. Typically, refrences are given upon request.

Hope this helped.

Logistics is the process of coordinating the flow of goods, services, and information among all members of the supply chain. Group of answer choices False True

Answers

This is true about about logistics. It is the process of coordinating the flow of goods, services, and information among all members of the supply chain.

What is the importance of logistics?

In the business and the supply world, logistics is very important for the reasons that have been listed below:

It helps to increase customer satisfaction.It helps in the control of a businesses inventory.It increases efficiency in the business place.It helps to lower rates.

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The carrying value of bonds at maturity always equals:.

Answers

The carrying value of a bonds at the time of maturity will always equals: par value.

What is Par value?

Par value can simply be defined as the price of a bond or face value of a bond.

The carrying value of bonds at the time of maturity will always equals par value by adding or lessing the carrying amount or unamortized discount or unamortized premium.

Inconclusion the carrying value of a bonds at the time of maturity will always equals: par value.

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The manipulation of the money supply to achieve price stability, relatively full employment, and a satisfactory growth rate is known as

Answers

When money supply is manipulated in order to acheive things like price stability, satisfactory growth, and relative full employment, this is monetary policy.

What is monetary policy?

This refers to the process by which the Central bank of a nation tries to control the economy for the benefit of the nation.

It involves manipulating the money supply in the nation which leads to interest rate and spending changes that can bring about price stability and satisfactory growth.

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On Monday, Xi tells Yard Work Inc., that he will pay $500 if a variety of tasks are completed by Friday. On Wednesday, when Yard Work is more than half done with the work, Xi says that he has changed his mind. These parties had

Answers

Based on the agreement between Xi and Yard Work Inc. we can say that they had a unilateral contract when Yard Work Inc. began to work.

What is a unilateral contract?

This is a contract where one of the parties who is the offeror, says that they will pay for the services of the other party after those services have been completed.

This is a unilateral contract because Xi is the offeror and promises to pay Yard Work after they had completed the tasks he wanted.

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A network has only one critical path and the slack for noncritical activities is high. This network would appear to have a _______ level of sensitivity

Answers

The network would appear to have a low level of sensitivity if it has only one critical path and the slack for noncritical activities is high.

What is critical path of a network?

The Critical Path helps identify the most important sequence of tasks in a project which can be used by managers to reduce delay.

Also, critical path allows teams to identify the most important tasks in a project thereby providing a higher level of insight into a project's timeline.

Hence, the network would appear to have a low level of sensitivity if it has only one critical path and the slack for noncritical activities is high.

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Chris is about to give a speech on social media marketing to a room of professional marketers. How can he enhance his credibility?.

Answers

A way that Chris can enhance his credibility on the speech on social media marketing is to:

Point out the marketing challenges that he and the audience share when doing their jobs.Speak passionately on the subjectTell the audience about his background and experience concerning social media marketing.

What is social media marketing?

This is a branch of marketing that has to do with the use of the social media to create awareness for the services and the products of a business.

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True or false: Place is what a customer must give up in order to receive the benefits offered by the rest of a firm's marketing mix.

Answers

The statement "Place is what a customer must give up in order to receive the benefits" is: False.

What is Marketing mix?

Marketing mix is a marketing strategy and can be defined as those instrument that a company or an organization make use of so as to acheive their marketing aims and objective.

The statement is False because customers have to give up price so as to make it possible for them receive the benefits offered by the rest of a firm's marketing mix.

Therefore the statement is false.

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To ____ a project, you must finalize all activities and transfer the completed or canceled work to the appropriate people.

Answers

To close a project, you must finalize all activities and transfer the completed or canceled work to the appropriate people.

What is a project?

A project is a given work or task that is done to achieve some stated objective.

In handling a project, there is a need for proper documentation and it can also involve research on the subject matter.

When working on a project it must be close which indicates that all the necessary work has been done.

Therefore, To close a project, you must finalize all activities and transfer the completed or canceled work to the appropriate people.

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A new innovation is _________when it fulfills a similar market need, but does so by building on an entirely new knowledge base. (Enter one word in the blank.)

Answers

Answer: technology

Explanation:

I just answered it

Which of the following can help to improve self-esteem?


Looking to others for affirmation


Making a list of all your friends


Remembering past mistakes



Setting attainable goals

Answers

Answer:

Setting attainable goals

Remembering past mistakes

Explanation:

Improving self-esteem involves various strategies and setting attainable goals is a powerful approach. The correct option is D.

This goals which make individual can experience a sense of accomplishment, boosting their self-confidence. Breaking down larger objectives into smaller steps ensures a steady progress, providing motivation and a positive self-perception.

The seeking affirmation from others can also positively impact self-esteem as receiving encouragement and support fosters feelings of worth and validation.

Cultivating a support network of friends can offer emotional reinforcement, enhancing one's self-worth through meaningful connections.

Therefore, the correct option is D.

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