Describe the auto industry in terms of the five market characteristics

Answers

Answer 1

Answer:

comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. ... The word automotive comes from the Greek autos (self), and Latin motivus (of motion), referring to any form of self-powered vehicle.

Answer 2

The auto industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles.

Why is the automobile industry?

Automobiles can increase the quality of life through increased mobility, comfort, and safety. The industry also contributes to job creation and skill development. Its numerous forward and backward links bring both direct and indirect employment.

What type of market is the automobile industry?

The US automobile industry is a good example of an oligopoly. It consists mainly of three major firms, General Motors (GM), Ford, and Chrysler. The influence of this oligopoly can be seen in the prices and the development and introduction of new car models into the American car market.

Learn more about the auto industry here https://brainly.com/question/896682

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Related Questions

write a sample complaint for a customer gaining a food born illness from a restaurant

Answers

After going to (restaurant name) I have become ill from the food they are serving.

Answer:

mk

Explanation:

Fabio Corporation is considering eliminating a department that has a contribution margin of $30,000 and $60,000 in fixed costs. Of the fixed costs, $15,000 cannot be avoided. The effect of eliminating this department on Fabio's overall net operating income would be: Group of answer choices a decrease of $15,000. a decrease of $30,000. an increase of $15,000. an increase of $30,000.

Answers

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suggest one strategy businesses can use to deal with each of the following socio economic issues : illiteracy , dumping and inefficiency in the use of resources​

Answers

Answer:

Workshop and seminars

Reward for innovation

Explanation:

To deal with the issue of illiteracy in the society, all that needs to be done is to educate the masses and ensure the need to know and learn is both important and enticing. Hence, business could come in with educational setups which could be free or highly discounted and at the same time rewarding. This way knowlwege could be acquired and afforded by the low earners and at the same time reap huge rewards for their efforts.

Dumping and inefficient use of resources can define rely be curtailed by recycling, the reuse of waste and used products. Recycling process usually takes careful study to ascertain that various waste materials could actually form important raw materials in the manufacture of other new products. These innovations should be prioritized and rewarded.

During which stage of the new product development process do companies usually apply for patents?

A. commercialization

B. market testing

C. business analysis

D. prototype development

Answers

Answer:

Explanation:

prototype development

Answer is d hope this helps

In Ohio, what is the typical salary for a cost estimator who is in the top 10%?

Answers

Answer:

The  typical salary for a cost estimator who is in the top 10% is $117,272

Explanation:

The salary of cost estimator in Ohio ranges between $54418 to $117,272.

$117,272 lies in the top 10% while the bottom 10% get $54418

On an average, the salary of cost estimator falls between $66,800 and $99,700

Diversification can reduce or eliminate _______ risk.

A) All
B) Systematic
C) Idiosyncratic
D) Market

Answers

Answer:

B

Explanation:

Diversification reduces portfolio risk by eliminating unsystematic risk for which investors are not rewarded. Investors are rewarded for taking market risk. Because diversification averages the returns of the assets within the portfolio, it attenuates the potential highs and lows

D eliminate Market risk

Check the ONE factor that is NOT used to determine the best channel to send a message. *

Importance of the message

Amount and speed of feedback

Necessity of a permanent record

Cost of the channel

Degree of formality desired

Confidentiality and sensitivity of the message

Concern of your audiences response

Receiver's preference and level of technical expertise

Answers

Answer:

Concern of your audiences response.

Explanation:

Communication can be defined as a process which typically involves the transfer of information from one person (sender) to another (recipient), through the use of semiotics, symbols and signs that are mutually understood by both parties.

The Sender Message Channel Receiver (SMCR) model of communication was developed and created by David Berlo in 1960. SCMR was developed from the Shannon-Weaver model of communication of 1949.

The SCMR model of communication comprises of four (4) main components and these are;

1. Sender (S) : this is typically the source of information (message) or the originator of a message that is being sent to a receiver. Thus, they are simply the producer of a message.

2. Channel (C) : this is the medium used by the sender for the dissemination or transmission of the message to the recipient. For example, telephone, television, radio, newspapers, billboards etc.

3. Message (M) : this is the information or data that is being sent to a recipient by a sender. It could be in the form of a video, audio, text message etc.

4. Receiver (R) : this is typically the destination of information (message) or the recipient of a message that is being sent from a sender. Thus, the receiver is any individual who is able to read, hear or see and process the message being sent or communicated in the communication process.

The factors used to determine the best channel to send a message includes the following;

I. The importance of a message

II. The amount and speed of feedback from the receiver (recipient).

III. The need for a permanent record of the message.

IV. Cost of the channel.

V. The degree of formality desired by the sender of the message.

VI. Confidentiality and sensitivity of the message being sent.

VII. The preference and level of technical expertise of the receiver (recipient).

YOUR ASSIGNMENT: 1. You are a single person with no dependents, earning a salary of $47,810. You have no adjustments to your income. Use the information provided to find your taxable income. Use this equation: taxable income = gross income - (adjustments + deductions + exemptions) Then find your tax liability. Explain how you found your answer. (6 points: 3 for the correct answer, 3 for the supporting explanation)​

Answers

Answer:

GHVTUFFTUFT

Explanation:

According to the video, what activities are affected by Market Research Analysts? Check all that apply. pricing advertising hiring production placement shipping

Answers

Answer:

Pricing, advertising, production, & placement

Explanation:

Just answered

Answer:

pricing

advertising  

production

placement

Explanation:

I got it right on edge

Why has globalization led to an
increasing income gap between rich and poor countries?

A. Laborers from developing countries migrate to developed countries in search of better-paying jobs.
B. The reduced production costs provided by low wages in developing countries enable companies to make larger profits.
C. Reduced transportation costs have enabled developed countries to extract more natural resources from their colonies.
D. Countries with well-established infrastructure and productive capacities have more competitive industries.​

Answers

Answer:

A. Laborers from developing countries migrate to developed countries in search of better-paying jobs.

Explanation:

One way globalization can increase inequality is through the effects of increasing specialization and trade. Although trade based on comparative advantage has the potential to stimulate economic growth and lift per capita incomes, it can also lead to a rise in relative poverty.

Answer:

Countries with well-established infrastructure and productive capacities have more competitive industries.

Explanation:

took test

What is a resume?




((this is just to reach the character requirement))

Answers

Formal document that a job applicant creates

On January 1, 2019, Tonika Company issued a four-year, $10,000, 10% bond. The interest is payable annually each December 31. The issue price was $9,689 based on an 11% effective interest rate. Tonika uses the effective-interest amortization method. The interest expense on the income statement for the year ended December 31, 2019 is closest to:

Answers

Answer:

$1,065.79

Explanation:

Calculation to determine what The interest expense on the income statement for the year ended December 31, 2019 is closest to:

Using this formula

Interest expenses=Issue price * Effective Interest rate

Let plug in the formula

Interest expenses=$9,689*11%

Interest expenses=$1,065.79

Therefore The interest expense on the income statement for the year ended December 31, 2019 is closest to:$1,065.79

Because the Patel family bought a home this year, they are allowed to claim this expense on their tax return. By doing this, their taxable income should be lowered, thus requiring them to pay less taxes. What does this claim BEST demonstrate?


a standard deduction


an itemized deduction


an earned income credit


an adjusted gross income

Answers

Answer: an itemized deduction

Explanation:

From the information given, we can infer that since their taxable income is lowered, thus requiring them to pay less taxes, this is an itemized deduction.

An itemized deductions refers to the expenses that can be claimed km the tax return which in turn will help in the reduction if the individual's taxable income.

Examples of such expenses are interst aoid on home mortgage, medical expenses, taxes, charity donation etc.

Answer:

an itemized deduction

Explanation:

Help needed ASAP! Will give brainliest;)

Ivan is starting his own pet store in his neighborhood. Where should he go to obtain a business license and permits?

A). County courthouse

B). Internal Revenue Service

C). Post office

D). Bank

Answers

Answer:

b

Explanation:

Answer:

Before opening up shop, all business owners need to obtain a business license from their state and perhaps even their local jurisdiction. Some states also require pet stores to obtain a specific pet shop license. The license application may ask you to list the types of animals you'll be selling and provide a detailed floor plan of the shop. Pet shop owners won't be able to operate their business until they get at least a general business license from their state if a pet shop license isn't required.

A is correct

Explanation:

Mark brainiest

what is a form in computer?​

Answers

In a database context, a form is a window or screen that contains numerous fields, or spaces to enter data. Each field holds a field label so that any user who views the form gets an idea of its contents. A form is more user friendly than generating queries to create tables and insert data into fields.

M Corporation produces and sells Product D. To guard against stockouts,

the company requires that 25% of the next month's sales be on hand at the end of each month. Budgeted sales of Product D over the next four months are:


Budget sales in units: June 40,000 / July 60,000 / August 50,000 / September 80,000


Budgeted production for August would be:


a. 57,500 units

b. 107,000 units

c. 77,000 units

d. 80,000 units

Answers

Answer:

Production= 57,500 units

Explanation:

Giving the following formula:

Desired ending inventory=  25% of the next month's sales

Budget sales in units:

August 50,000

September 80,000

To calculate the production for August, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

Production= 50,000 + (80,000*0.25) - (50,000*0.25)

Production= 57,500 units

John decided to leave his job and open a bookshop in the city center. He was working as an engineer before and getting an annual salary of $35000. For the bookshop he paid $20000 for his worker, $15000 for rent, $10000 for utilities. He used his savings that was equivalent to $60000 at an interest rate of 7%. He bought all the books that he planned to sell by his savings. If he opens his bookshop in mall rather than city center his profit was predicted to be $25000. At the end of the first year his revenue from sales was identical to $210000. For John a) Calculate the implicit costs. b) Calculate the explicit costs. c) Calculate the total cost. d) Calculate his profit/loss. e) Should he continue to the business or go back to his job?

Answers

Answer:

a) Calculate the implicit costs

Implicit costs are the opportunity costs, the earnings that John forgone for running his business. These are:

His $35,000 annual salary as an engineer.

His $60,000 savings earning a 7% interest rate, for a total annual return of $64,200,

So his total implicit costs are 35,000 + 64,200 = $99,200

b) Calculate the explicit costs.

The explicit costs are the things John has to actually pay money for while running his business: 20,000 for his worker + 15,000 for rent, and 10,000 for utilities = 45,000 in total.

c) Calculate the total cost.

Total costs = implicit costs + explicit costs

Total costs = 99,200 + 45,000

Total costs = 144,200

d) Calculate his profit/loss.

His accounting profit is the revenue he obtains from his business minus his explicit costs:

accounting profit = 210,000 - 45,000 = 165,000 profit

His economic profit is the revenue minus his total costs

economic profit = 210,000 - 144,200 = 65,800 profit

e) Should he continue to the business or go back to his job?

He should continue running his business because he is earning both an economic profit and an accounting profit compared with what he was earning as an engineer + his savings.

Help a business kid out:

In general, it is wise for a business to:
a. none of these answers are correct
b. strive to create negative relationships with all stakeholders to discourage competitors
c. only focus on customers, since customers provide on the revenue for the business
d. strive to create positive relationships will all stakeholders

Answers

It is wise for a business to d. strive to create positive relationships with all stakeholders.

The stakeholders include customers, suppliers, stockholders, employees, managers, governments, potential stockholders, the media, the community, and other interested parties.

A business should never create negative relationships with the above stakeholders.  While it must focus more on customers to exceed their satisfaction, they are not the only stakeholders that require satisfaction.

Thus, a wise business creates positive relationships with all its stakeholders as part of its corporate social responsibilities.

Learn more about the stakeholders of a business here: https://brainly.com/question/8003335 and https://brainly.com/question/25847981

Why do businesses rely more on teamwork in today’s business environment?

A. Teams need fewer instructions.
B. Teams facilitate learning.
C. Teams create a harmonious environment at the workplace.
D. The team’s collective output is greater than the total of each individual’s output.
E. Teams require lesser supervision.

Answers

Its D becauses yes i need to write more for some reason

Answer:

D. The team’s collective output is greater than the total of each individual’s output.

Explanation:

Qik Fix-It offers Cody a job as a plumber. No time for acceptance is specified in offer. The offer will terminate: Group of answer choices A. This common law offer will expire after a reasonable period of time. B. This UCC offer will expire after a reasonable period of time. C. After atypical work week (five business days) for this common law offer D. This common law offer will expire after a usual month (thirty calendar days). E. Never

Answers

Answer:

A. This common law offer will expire after a reasonable period of time.

Explanation:

Since in the question Cody offered a job from Qik Fix as a plumber but there is no time given for acceptance so the offer would be terminated after a reasonable time period as this represents a common law where the offer would be expire after a reasonable period in the case when the time period is not mentioned

Therefore the correct option is a.

Need help with this question, thanks

Answers

Answer:

The 1st left one: Corona

Below it: Core

Beside Corona: Prominence

Below it: Photosphere

Below it: Sunspot

Hope it helps!!!

Why should you include management and staffing issues in your business plan?

Answers

Because if you don’t account for all the possible issue that may arise in the business, your business has a higher chance to fail. This could be avoided if Dave from H.R did his job but he has enough already.

But yes, any miscalculation could lead to the downfall of a business, hope this helps and bye

Several types of human services are available based on the needs of the population group these include those with addiction homeless people veterans or elderly people describe some of the type of human services two of those population groups usually need.

Answers

Answer: intervansion could not be needed so the person the intervansion is relaize exactly

Explanation:

Hope it helps

Veterans sometimes are homeless, so veterans and homeless people need a place to stay. Some Veterans, also have PTSD so they need therapy. Elderly people either need help from someone or a retirement house.

Why is it important to use standard English when applying for a job?

Answers

Answer:

You use standard English when applying for a job because in the U.s, the largest spoken language is English, making the language your go-to language for applying for jobs, starting a company, etc. If you use any other language, there is a high chance that the employer will not understand and you may get rejected.

Job is termed as the situation or the circumstances when the individual works under the boss or the employer. It is the best chance for the individual to show its best performance and get appraised by the employer.

English is a widely spoken language in many parts of the world, and it is one of the most frequently spoken languages on the planet. It is an official language in 53 countries throughout the world. It is the world's most widely spoken language. As a result, a command is required for this language.

When applying for a job, you use standard English because English has been the most frequently spoken native tongue, making it your go-to language for seeking employment, owning a business, and so on.

If you speak any of the other languages, there's a good chance the employer won't understand your language and you'll be turned down.

To know more about the Standard English language, refer to the link below:

https://brainly.com/question/305668


It was a meat-eating dinosaur. It was about 30 feet long. It had
huge jaws, sharp teeth and claws.It had the ability to run swiftly
which made it a frightening enemy.​

Answers

Answer:

T-rex

Explanation:

which goal is an example of a measurable goal? wyd

Answers

a measurable goal is one you can see the progress/ know you’ve reached it when __

Which statement explains how a credit card is a form of financial exchange?

A credit card can be used to pay for goods, and the charges are immediately deducted from the user's account.

A credit card can be used to pay for services, and the user agrees to pay these charges at a later time.

Each credit card has a certain monetary value, which users exchange with each other like currency.

Credit cards are paper documents that users write on to indicate the amount being paid to a merchant.​

Answers

Answer:

A credit card can be used to pay for goods, and the charges are immediately deducted from the user's account.

. Give 2 examples of things teens should not be allowed to do at work due to safety reasons and list why you think those were made into laws?

Answers

Can’t work a certain amount of hours and I think that was made so they wouldn’t over work us because we not only have school and we then to have a job it would have to fit perfectly with school schedule.

"In the United States, currency holdings per person average about" a. $110; one explanation for this relatively small average is that many people use credit and debit cards to make transactions. b. $110; one explanation for this relatively small average is that U.S. citizens hold a lot of foreign currency. c. $4,490; one explanation for this relatively large amount is that criminals probably prefer currency as a medium of exchange. d. $4,490; one explanation for this relatively large average is that U.S. citizens hold a lot of foreign currency.

Answers

Answer:

"In the United States, currency holdings per person average about"

a. $110; one explanation for this relatively small average is that many people use credit and debit cards to make transactions.

Explanation:

Many persons in the United States prefer the use of credit and debit cards to cash because they make it easier to settle transactions.  Whereas a debit card allows one to spend money from deposited funds at the bank, a credit card gives the holder the ability to borrow money from the card issuer to purchase items or withdraw cash.   There are credit card limits so that the cardholder does not withdraw above an established limit.

Lewis is a project team member taking part in team building exercises with the project manager and other team members. Lewis is shy and typically keeps to himself unless prompted for his input. Lewis is struggling with the current communication activity. Lewis wishes that he could be more like Becky. Becky is very well liked and highly regarded by everyone else. While she is not part of the project management team, she is seen by others as a role model since she is able to get others to see her way on many issues. Which type of power does Becky possess

Answers

Answer:

Her power is charismatism

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