Briefly discuss monopolistic competition
What will be an ideal response?
Under monopolistic competition, the market consists of many buyers and sellers who trade over a range of prices rather than a single market price. A range of prices occurs because sellers can differentiate their offers to buyers. Because there are many competitors, each firm is less affected by competitors' pricing strategies than in oligopolistic markets. Sellers try to develop differentiated offers for different customer segments and, in addition to price, freely use branding, advertising, and personal selling to set their offers apart.
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The purchase order triggers the make payment process
Indicate whether the statement is true or false
Identify the true statement concerning communications between clients and accountants.
A. Even if a state has a statute that grants protection to accountants' working papers, federal courts do not always recognize such state statutes. B. In all states, communications between clients and accountants are treated the same way communications between clients and attorneys are treated. C. Communications between clients and accountants are treated by courts as privileged in the vast majority of states. D. The accountant can never be forced to testify about the client's records and about conversations that the accountant had with the client.
In the SLII model, leaders evaluate how ______ and ______ followers are to perform a task.
A. intentional and committed B. motivated and determined C. competent and committed D. focused and intelligent
Research from the Ethics Resource Center (ERC)showed that companies behave differently during economic difficulties. When employees perceive the decisions and behaviors of their leaders as a heightened commitment to ethics, they are most likely to:
A. adopt a higher standard of conduct for themselves. B. find justifications to classify their misconduct as ethical. C. overlook all forms of laws associated with whistle-blowing. D. becomeless engaged with the tasks assigned to them.