In the early 1960s, Honda entered the U.S. motorcycle market with the slogan, "You meet the nicest people on a Honda."During the next two decades, the Japanese company not only made motorcycling acceptable and fun but it also introduced motorcycles known for quality, dependability, and easy starting. By 1982, Japanese motorcycles had reached their peak sales in the United States. In the meantime, Harley-Davidson was plagued with quality and image problems. Do you think this should have been considered in the ITC’s recommendations or considered by President Reagan?
Assume that a domestic firm is not competitive in price and quality with foreign firms, but that competition by high tariffs protects it. What are the effects of the protection on the firm in the short term? How might it affect the firm’s competitiveness in the long term?
Answers
While protection may provide temporary benefits for a domestic firm, it is important to consider the long-term consequences and the potential negative impact on competitiveness and overall industry development.
The question about whether the success of Honda and the problems faced by Harley-Davidson should have been considered in the International Trade Commission's (ITC) recommendations or by President Reagan is subjective and depends on the specific context and objectives of trade policy at that time. However, it is possible that the experiences of Honda and Harley-Davidson could have provided valuable insights into the effects of competition, product quality, and market dynamics in the motorcycle industry.
Regarding the effects of protection on a domestic firm that is not competitive in price and quality, short-term protection in the form of high tariffs may provide temporary relief for the firm by limiting foreign competition and allowing it to maintain market share. The high tariffs artificially raise the prices of imported goods, making them less competitive compared to the protected domestic firm.
However, in the long term, the effects of protection can be detrimental to the firm's competitiveness. By shielding the domestic firm from international competition, protectionism may reduce the incentive for the firm to innovate, improve product quality, and become more efficient. Without the pressure to compete, the firm may become complacent and fail to adapt to changing market demands and advancements in technology. Over time, this can lead to a decline in the firm's competitiveness, making it more vulnerable to foreign competitors once protection is removed or reduced.
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Related Questions
a farm worker gets paid today in money, but plans to spend the money next week. this illustrates which function of money?
Answers
A farm worker who gets paid today in money and plans to spend it next week demonstrates the function of money known as the store-of -value.
The farm worker receives payment today and can save it to spend in the future, demonstrating that money can maintain its value over time for future transactions.
Money's ability to serve as a store of value is an essential characteristic that helps facilitate transactions and enables individuals to plan for future purchases.
Without this function, people would be less likely to hold onto money and may instead choose to barter or use alternative forms of currency.
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porter's model suggests that if a company develops a strategy around the unique qualities of its products (like apple, for example), then we can say it has a strategy. group of answer choices low-cost integrated competitive differentiation
Answers
The porter's model suggests that if a company develops a strategy around the unique qualities of its products (like apple, for example), then we can say it has a competitive strategy.
What is porter's model?Porter's model can be described s the model that focus on the Five Forces which is been used in the identification and analyzes of the competitive forces which is been used to affect the industry as well as helping to establish the industry's weaknesses as well as the strengths and this is very essential; because it help to determine the structure.
Therefore, the second option is correct.
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Country b has a gdp of $1 trillion and a gdp per capita of $27,000. its economy is a mix of manufacturing, high tech, services, aviation, agriculture, and mining. it has laws favorable to entrepreneurship and private sector growth. it has multinational corporations that have recently begun outsourcing jobs overseas, resulting in a rise in unemployment. look for factors that will help you determine what type of economy exists in country b. which type of economy does country b have? developed developing transitioning communist
Answers
Based on the descriptions of the economy, the type of economy that country b has is a developed economy.
What is a developed economy?A developed economy is an economy characterised by high GDP, high rate of GDP per capita, high level of technological advancement and favorable laws that encourages the development of businesses.
Examples of developed economies are United States, Switzerland.
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Who is the world 2nd world richesten?
Answers
If iowa’s opportunity cost of corn is lower than oklahoma’s opportunity cost of corn, then:.
Answers
Answer:
Then Iowa has a comparative advantage.
Explanation:
She if able to produce more corn at a less opportunity cost in comparison to Oklahoma. Therefore it implies that she has an advantage of producing more for less than Oklahoma.
If Iowa's opportunity cost of corn is lower than Oklahoma's opportunity cost of corn, Iowa has a comparative advantage in the production of corn. Hence, Option (b) is correct.
Opportunity cost refers to the value of the next best alternative that must be forgone when choosing one option over another.
If Iowa's opportunity cost of producing corn is lower than Oklahoma's, it means that Iowa gives up less in terms of alternative goods or services when allocating resources to corn production.
By having a lower opportunity cost of producing corn, Iowa can produce corn more efficiently relative to Oklahoma.
This implies that Iowa has a comparative advantage in corn production.
Comparative advantage is based on the concept that countries or entities should specialize in producing goods or services where they have a lower opportunity cost, and then trade with other entities to maximize overall efficiency and welfare.
Thus, if Iowa's opportunity cost of corn is lower than Oklahoma's, Iowa has a comparative advantage in the production of corn.
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If Iowa's opportunity cost of corn is lower than Oklahoma's opportunity cost of corn, then Iowa has a:
A)absolute advantage in the production of corn.
B)comparative advantage in the production of corn.
C) absolute advantage in the production of wheat.
D)comparative advantage in the production of wheat.
50 POINTS PLS HELP
Write a check, fill in the check register, then reconcile the checking account.
Answers
Answer:
your answers for blank check are as follow s: Date:04/01/19.
PAY TO THE ORDER OF: City of Dallas $54.15
fifty four dollars and fifteen cents.
Memo:for a parking ticket.
What is a disadvantage of using a checking account instead of other types of
accounts?
A. You will likely not have federal protection for your money.
B. You will pay a fee if you make too many transactions.
C. You will generally not receive interest.
D. You will pay a penalty if you withdraw your money.
Answers
Answer:
you will generally not receive interest
Explanation:
took the quiz
Read this scenario, and then answer the question that follows. richard is excited to start his trucking business. after taking out a loan, he decides to buy 10 used trucks and to hire drivers who live in his small town, which is 100 miles from the nearest big city. what potential economic consequences has richard not taken into consideration while making his decision?
Answers
Some potential economic consequences that Richard did not consider before making his decision are:
The cost of maintenance for used trucks. The cost of gasoline from the town to the nearest city. The location of the places that goods will be transported to and from. What are economic considerations?These are the factors that will affect the profitability and viability of a business.
In Richard's case, he needed to have considered various costs such as the higher cost of maintaining used trucks and the cost of gasoline that he will incur for living so far from big cities.
He also needs to consider the distance his trucks will have to travel to pick up good and deliver them.
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Which economic effect does a central bank hope to achieve by buying back large amounts of treasury security
Answers
A. It hopes to reduce the amount of money available for lending.
Explanation:
Usually, the central bank(Federal reserve) control the supply of money in circulation in the economy so that the nation's economy would be healthy. One of the ways through which the federal reserve controls the quantity of money in circulation is by selling or purchasing of government securities through a process known as open market operation.
If the federal reserve sells government securities such as treasury bills, in large quantities, its aim is to reduce the amount or quantity of money available to commercial banks for lending, hence mop up the quantity of money in circulation.
Also, if the federal reserve buys government securities, its aim is to make more money available in large quantities to commercial banks and other institutions, hence have more cash to lend people.
The economic effect that central bank are trying to effect by the process of buying back large amounts of treasury security is bring reduction to amount of money available for lending.
Treasury notes as well as bonds are securities that brings about payment of fixed rate of interest which is usually done every six months till the security reach a stage of maturity.The central bank do buy large amounts of treasury security so that the money that can be available for lending can be reduced.Therefore, this process are put in place to balance the economy.
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Consumer surplus will _____ when a monopolist goes from single-price monopoly to perfect price discrimination.
Answers
Answer:
no consumer surplus
Explanation:
Price discrimination is selling a product at different prices for different classes of buyers based on their differing elasticity of demand for the product or service.
under perfect price discrimination, buyers enjoy no consumer surplus .
which type of distribution channel utilizes a publication that displays a consistent set of products and provides a means to order those products typically over the phone?
Answers
Mail-order catalogs type of distribution channel utilizes a publication that displays a consistent set of products and provides a means to order those products typically over the phone.
a set of claims is steady if and simplest if it's far possible for all of the claims within the set to be actually together. a set of claims is inconsistent and best if it isn't always viable for all the claims inside the set to be authentic together.
Consistency evidence is mathematical proof that a specific concept is regular. The early improvement of the mathematical evidence idea was driven by the preference to offer finitary consistency proofs for all of the arithmetic as a part of Hilbert's program. Hilbert's software became strongly impacted by way of the incompleteness theorems, which confirmed that sufficiently sturdy proof theories can't show their very own consistency (supplied that they are in truth steady).
despite the fact that consistency may be proved with the aid of model theory, it's far regularly carried out in a simply syntactical manner, with no need to reference some version of good judgment. The cut-elimination (or equivalently the normalization of the underlying calculus if there's one) implies the consistency of the calculus: for the reason that there's no cut-loose proof of falsity, there is no contradiction in widespread.
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True or False
A Person who works full time for a power company in the energy cluster is considered a consultant.
Answers
Answer:
True
Explanation:
Answer:
False, i took the quiz and got 100% percent- k-12 7th grade career final exam
Explanation:
Larry is a military retiree who receives social security benefits. Although he lives in Pennsylvania, he spends more than half his time in Maryland due to his consulting jobs. He is 66 years old. Which of the following is a true statement a.) The states that levy an income tax will always confirm to federal tax law b.) Social Security benefits are always exempt from state taxes. c.) In some cases, a taxpayer may have to file resident tax returns in two states because he is a dual resident d.) military retirement pay is always exempt from state taxes
Answers
When someone is a dual resident, it means they meet the criteria for being a resident in more than one state. In Larry's case, he spends more than half his time in Maryland,
so he could be considered a resident of both Pennsylvania (where he lives) and Maryland (where he spends a significant amount of time for his consulting jobs).
When someone is a dual resident, they may have to file resident tax returns in both states. This means they would need to report their income and pay taxes to both states based on the income earned within each state's jurisdiction.
It's important to note that each state has its own rules and regulations regarding taxation, including how they treat military retirement pay and Social Security benefits.
Therefore, statement
a.) The states that levy an income tax will always conform to federal tax law, and statement
b.) Social Security benefits are always exempt from state taxes, are not necessarily true in all cases.
c.) In some cases, a taxpayer may have to file resident tax returns in two states because he is a dual resident.
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Why are firms willing to accept losses in the short run but not in the long run?.
Answers
The reason why firms are willing to accept losses in the short run but not in the long run is that E. There are sunk costs in the short run but not in the long run.
What are sunk cost?In economics and business decision-making, a sunk cost can be explained as the cost which has ben been incurred and as a result of this it ca not be recovered.
It should be noted that Sunk costs are contrasted with prospective costs, and may be avoided if action is taken, however the firms are willing to accept losses in the short run due to the fact that sunk costs are present in the short run .
Therefore, option E is correct.
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missing options
A. Firms cannot shut down in the short run.
B. Fixed costs are larger in the long run than in the short run.
C. Firms are price takers in the short run but not in the long run.
D. It is always profitable to incur losses in the short run because profits will always arise in the long run.
E. There are sunk costs in the short run but not in the long run.
√96+√200-√10000 can anyone please answer this
Answers
Answer:
-76.0599054051
An international business is a firm that
Part 2
A. hires non-U.S. citizens.
B. produces a wide range of products.
C. is not from the United States.
D. engages in international trade or investment.
Answers
Option D: An international business is a firm that engages in international trade or investment.
Therefore, the correct answer is option D. An international business is a company that conducts business across national borders. This can include importing and exporting goods, investing in foreign markets, and operating in multiple countries.
It is not necessarily defined by the nationality of its employees, the range of products it produces, or the country in which it is headquartered. International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries.
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The pros and cons of new product concepts are analyzed during the idea generation phase of new product development.
True
False
Answers
the process of setting standards, receiving feedback on actual performance, and taking corrective action whenever actual performance deviates significantly from planned performance is known as
Answers
The process of setting standards, receiving feedback on actual performance, and taking corrective action whenever actual performance deviates significantly from planned performance is known as performance management.
This process involves the following steps:
1. Setting performance standards: Establish clear, measurable, and achievable objectives for individual employees, teams, or the organization as a whole.
2. Monitoring performance: Regularly track and evaluate employees' progress toward meeting the established standards.
3. Providing feedback: Communicate with employees about their performance, offering praise for achievements and discussing areas for improvement.
4. Taking corrective action: Implement changes, such as additional training or adjustments to goals, to address performance gaps and help employees reach their full potential.
The overall goal of performance management is to improve the effectiveness and efficiency of individuals, teams, and organizations.
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Liz just completed a Client Needs Assessment and her client
confirmed that he will require profitability tracking, and need to
create budgets and purchase orders in his accounting solution.
Answers
Answer:
QuickBooks Online Plus
The question and multiple-choices
What is the minimum QuickBooks Online version suitable for Liz's client?
QuickBooks Self-Employed QuickBooks Online Simple Start QuickBooks Online Essentials QuickBooks Online Plus QuickBooks Online Advanced PreviousExplanation:
QuickBooks Online Plus is an advanced feature that small business requires to make better management decisions pertaining to their business. The needs of Liz's client of tracking profitability and the need to create budgets can be meet by installing QuickBooks Online Plus.
Other features of QuickBooks Online Plus include
Keep track of financial records, such as invoices and statements.Update and reconcile payments automatically.Generate accurate estimates and convert them into invoices.Estimate project profitability by taking into account cost factors such as labor and job cost expenses. Automate workflows with rule-based reminderssome one prove my answer 9x/7-10=48x/7+14
Answers
9x/7 - 10 = 48x/7 + 14
=> 9x/7 = 48x/7 + 14 + 10
=> 9x/7 = 48x/7 + 24
=> 9x/7 - 48x/7 = 24
=> -39/7 = 24
Not proved!!!
During the market testing stage of the new-product process, a product may be tested multiple times with consumers to get their reactions with test marketing, one type of which is known as
Answers
Answer:
Simulated test markets.
Explanation:
During the market testing stage of the new-product process, a product may be tested multiple times with consumers to get their reactions with test marketing, one type of which is known as simulated test markets.
A simulated test market can be defined as a marketing research technique that involves the exposure of consumers to an unreal market in order to observe their reactions to a new product. It involves advertising in stages through a simulated market so as to determine a customer's purchase decision, forecast demand and market analysis for a new product.
Hence, a simulated test market is aimed at observing and analyzing potential customer's reaction to a new product before it's introduced to the market.
What do you think were the main concerns with the Olympus two-door sports coupe? Is there a market for a two-seat, $32,000 sports car when the RX-8 sells for significantly less? Evaluate the role of the marketing mix in the Olympus introduction. What are some of the marketing strategies auto manufacturers use to stimulate sales of certain makes of automobiles?
Answers
The main concerns of the sports coupe is that
They did not carry out good research of the marketThey also did not research the people that would buy the product.There is no market for the two seat car given that it would be better if it was a market that people knew with a cheaper price.
2. What is the role of the marketing mix?The role of the marketing mix has to do with the combination of price and the product. These two did not match properly in order to be able to take care of the need of customers and expectations.
3. Some of the strategies would be the use of social media and search engines. This would help to create the awareness for their products and create traffic.
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Terry took out a mortgage loan for $60,000 at an interest rate of 11% for 25 years. If Terry had not had a bankruptcy
on her credit report, her payments could have been $424.07 per month. How much is Terry paying in additional
interest over the life of the loan?
a. $49.200.00
b. $2,272.36
c. $163.00
d. $56,809.00
Answers
Answer: A. 49,200
Explanation: Took test on Edge
Based on the fact that Terry had a bankruptcy, the additional interest she will pay over the life of the loan is a. $49,000
What is the current monthly amount Terry pays?This can be found by the formula:
Loan amount = Amount paid x ( 1 - ( 1 + rate) ^-number of periods) / rate
Rate is: Number of periods
= 11% / 12 months = 25 x 12
= 11/12% = 300 months
Amount is:
60,000 = Amount x ( 1 - ( 1 + 11/12%)⁻³⁰⁰) / 11/12%
60,000 = Amount x 102.029043745
Amount = 60,000 / 102.029043745
= $588.07
What is the additional interest Terry will pay?= (Amount Terry pays now - Amount Terry would have paid) x 300 months
= (588.07 - 424.07) x 300
= $49,200
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Discuss some
of the team building activities.
How
effective is large group interventions from your point of
view?
Answers
Large group interventions can be highly effective in promoting teamwork, communication, and collaboration among a large number of individuals.
Team building activities are exercises or events designed to improve teamwork and communication among members of a group. These activities can vary widely, but some common examples include trust-building exercises, problem-solving challenges, and collaborative projects.
Large group interventions are team building activities specifically designed for larger groups of people, typically involving more than 30 participants. These interventions aim to engage a large number of individuals simultaneously and create a collective understanding and commitment towards a common goal.
In my view, large group interventions can be highly effective for several reasons:
1. Increased participation: With a large number of participants, there is a greater diversity of perspectives and ideas. This fosters active participation and engagement from a wider range of individuals, leading to a richer exchange of thoughts and experiences.
2. Enhanced communication: Large group interventions often involve facilitated discussions and interactive sessions. These activities promote open communication and encourage participants to share their opinions, concerns, and suggestions. This can lead to improved understanding, better problem-solving, and stronger relationships among team members.
3. Shared learning: Large group interventions provide an opportunity for participants to learn from one another. Through sharing best practices, success stories, and lessons learned, individuals can gain valuable insights and knowledge from their peers. This shared learning can contribute to increased innovation, improved decision-making, and better overall performance within the group.
4. Strengthened cohesion: By bringing together a large number of individuals, large group interventions can help build a sense of unity and shared purpose. Participants often develop a stronger sense of belonging and commitment to the team or organization, leading to increased motivation and productivity.
Conclusion ,Large group interventions can be highly effective in promoting teamwork, communication, and collaboration among a large number of individuals.
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A skillful supply chain manager would aggregate only safety inventory and use an inexpensive mode of transportation for replenishing cycle inventory if she is dealing with a
Answers
A skillful supply chain manager would aggregate only safety inventory and use an inexpensive mode of transportation for replenishing cycle inventory if she is dealing with a low-value product.
Safety inventory refers to the extra stock that a company keeps on hand in case of unexpected demand or supply chain disruptions. In contrast, cycle inventory refers to the amount of inventory a company needs to meet its average demand between replenishment cycles. A skillful supply chain manager would aggregate only safety inventory for a low-value product since it is not worth investing in a large amount of cycle inventory. Additionally, using an inexpensive mode of transportation for replenishing cycle inventory can help to minimize costs.
In supply chain management, it is important to strike a balance between inventory costs and service levels. For low-value products, investing in a large amount of cycle inventory can be expensive and may not be worth the cost. Instead, a skillful supply chain manager would aggregate only safety inventory, which can help to minimize inventory costs while still ensuring that the company has enough stock on hand to meet unexpected demand or supply chain disruptions.
Furthermore, using an inexpensive mode of transportation for replenishing cycle inventory can help to minimize costs even further. For example, if a company is dealing with a low-value product that does not require fast delivery, it may be more cost-effective to use a slower mode of transportation such as ocean freight or ground shipping instead of air freight. This can help to reduce transportation costs and improve the company's bottom line.
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Dnstrstdhfgjfuufuufdydydyufcjcjigjvcjfrdgddfhh
Answers
Answer:
akvsgsssgsuajawgwgwjwiwbwiqk
What Is NOT one of the three primary resources that farnilies have to reach financlal goals?
A.Education
B.Energy
C.Time
D.Money
Answers
Answer:
I think it would be education
Explanation:
Answer: A. Education
Explanation:
The period before a trial takes place is called the
a
O A. pre-trial phase
O B. complaint stage
O C. negotiation phase
D. post-trial period
Answers
Answer:
The answer would be A.
Explanation:
Discovery process, finding the facts.
The production cost in GHC per week of producing x computers is given by
\(c(x) = 4000 - 32x + 0. 08 {x}^{2} + 0. 00006 {x}^{3} \)
and the demand function for the computers is given by
\(p(x) = 250 + 0. 02x - 0. 001 {x}^{2} \)
What is marginal cost, marginal product, and marginal revenue. When
\(x = 200 \)
and
\(x = 400\)
what does theses numbers tells you about marginal cost, marginal product and marginal revenue
Answers
When x = 200 and x = 400, you can calculate the values of marginal cost, marginal product, and marginal revenue at these specific production levels. These numbers will provide insights into the changes in cost, production, and revenue associated with increasing the quantity produced from 200 to 400 units.
Marginal cost represents the additional cost incurred by producing one more unit of output. It is calculated as the derivative of the cost function with respect to the quantity produced (x). In this case, the marginal cost can be obtained by taking the derivative of the cost function c(x).
Marginal product refers to the additional output produced by employing one more unit of input. It is calculated as the derivative of the production function with respect to the quantity produced (x).
However, the given problem does not provide a production function explicitly, so it is not possible to determine the marginal product.Marginal revenue represents the additional revenue generated by selling one more unit of output.
It is calculated as the derivative of the revenue function with respect to the quantity sold (x). In this case, the revenue function can be obtained by multiplying the price function p(x) by the quantity produced (x).
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3. What's considered a retail service?
A. Car engine repair
B. Car wash
C. New car
D. New car tires
Answers
The correct option is D. New car tires.
New-car tires are considered a retail service.
What are examples of retail?Retail businesses sell items or services to customers for their consumption, use, or pleasure. They typically sell items and services in-store but some items may be sold online or over the phone and then shipped to the customer. Examples of retail businesses include clothing, drug, grocery, and convenience stores.
What is retail customer service?Retail customer service is like any other customer service: it's the act of providing customers with assistance, answering their questions and helping them solve problems. However, there are some factors specific to this industry that make it important to learn and hone retail customer service skills.
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