In both Japan and the United States, a small number of accounting firms audit the great majority of large public companies. Identify the advantages and disadvantages of this oligopolistic market structure for independent audit services.
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In both Japan and the United States, a small number of accounting firms audit the great majority of large public companies. Identify the advantages and disadvantages of this oligopolistic market structure for independent audit services.
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- Based on the best available econometric estimates, the market elasticity of demand for your firm’s product is –2. The marginal cost of producing the product is constant at $150, while average total cost at current production levels is $225.Determine your optimal per unit price if:Instructions: Enter your responses rounded to two decimal places.a. You are a monopolist.$ b. You compete against one other firm in a Cournot oligopoly.$ c. You compete against 19 other firms in a Cournot oligopoly.$In the United States, Procter & Gamble have various laundry detergent brands such as Tide and Gain. The reason they have these different brands is because consumers are heterogeneous and not homogeneous. True FalseEvery organization relies on its own unique bundle of organisational stakeholders . Each one of the relationships between the organisation and its stakeholders is influential in its ability to serve its mission and achieve above average profits in the profit sector or to create value in the not-for-profit sector. However, there are several ways that stakeholder management differs between the for-profit and notfor-profit organisations. It is easy to think of a for-profit firm that has product market stakeholders, such as customers, who can add or subtract their support by their decision of whether or not to purchase the firm’s products or services. But toknow who is are the customer for a not-for-profit, and are the categories ofproduct, market, organization, and capital market stakeholders might bechallenging to obtain the needed information. 1. Decide on ONE not-for profit organisation either local or internationalbased. Write a detailed information regarding the chosen not-for…
- Why would you advise a company to follow a centralized purchasing organizational structure? Provide 10 examples in your reasoning.Most corporations exist only under the proper licenses and charter and operate within the limits of safety laws, environmental protection requirements, and other laws and regulations in the government sector. Well-meaning companies sometimes run afoul of stakeholders anyway but can take actions to appease them. Fina, Inc. established an oil refinery in Port Arthur, Texas. Over the years, subdivisions of attractive ranch-style homes grew up in the shadow of the Fina plant. Home owners became unhappy with the plant in their midst because of its noise and odor. How does Fina have to act in a socially responsible way by helping stakeholders?ect.mheducation.com/flow/connect.html Saved Help Sav Suppose a corporation has two subsidiaries, one of which is unregulated and sells all of its output to the other, regulated subsidiary. Permitted profits at the regulated subsidiary are equal to 10 percent of total costs. The initial profit picture for the subsidiaries is provided in the table below: Regulated Subsidiary Unregulated Subsidiary $800,000 $ 500,000 $300,000 Total revenue N/A $1,000,000 $ 100,000 Total costs Total profit If the unregulated subsidiary doubles its selling price to the regulated subsidiary, what are the new profits at Instructions: Enter your responses as a whole number. (a) The unregulated subsidiary? profit = $ %3D (b) The regulated subsidiary? profit = $ lon & #3 %24 У h. *00
- Based on the best available econometric estimates, the market elasticity of demand for your firm’s product is −2.5. The marginal cost of producing the product is constant at $225, while average total cost at current production levels is $300.Determine your optimal per unit price if:Instructions: Enter your responses rounded to two decimal places.a. you are a monopolist. $ b. you compete against one other firm in a Cournot oligopoly. $ c. you compete against 19 other firms in a Cournot oligopoly. $ Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.A well-known conglomerate that manufactures a multitude of noncompeting consumer products instituted a corporatewide initiative to encourage the managers of its many divisions to share consumer demographic information. However, since the initiative was implemented, the CEO has noticed that less information is available than ever. Why do you think the CEO’s plan backfired?Based on the best available econometric estimates, the market elasticity of demand for your firm’s product is -1.5. The marginal cost of producing the product is constant at $125, while average total cost at current production levels is $190.Determine your optimal per unit price if:Instruction: Enter your responses rounded to two decimal places.a. You are a monopolist.$ b. You compete against one other firm in a Cournot oligopoly.$ c. You compete against 19 other firms in a Cournot oligopoly.$
- Hyundai has become the fastest–growing automotive brand in the United States by strategically using quality improvement. Which statement is true about Hyundai? * 2/2 Hyundai’s strategies are not related to its mission. Hyundai strategy is based on planning processes to achieve the company’s short-term goals. Hyundai’s mission and values do not influence its organizational culture. Hyundai’s organizational culture is a major determinant to the successful implementation of quality improvement.Ms. Bee showed Mr. Jack's Candlestick Lane property to Mr. Nimble & Ms. Quick without having an agency with Jack. Later Jack quickly accepted the offer to purchase, which was submitted by Bee on behalf of Nimble & Quick. Jack, Bee. Nimble and Quick jumped over the Candlestick agency hurdles and successfully closed escrow in just three days for all cash. Jack consented to Bee's unauthorized acts. Under these circumstances, an agency could be created by: Fiduciary O Estoppel Assumption O RatificationDescribe how a social venture might be more economically profitable than a for-profit company. Provide two examples to support your answer. Explain to Adelaide, your social entrepreneur client how Triple Bottom Line can be reflected in her venture’s objectives. Given what is understood about the objectives of different typologies, discuss some likely differences between boards of traditional ventures and enterprising non-profits. Provide examples.