Answer:
----Either similar or identical products --------Difficult entry
----Mutual interdependence
Explanation: An Oligopolistic market is a market characterized by few sellers of large firms who sell either similar or differentiated products. Here, Each firm is mutually interdependent as any action from any firms influences the actions of the rest of the competing firms , therefore decisions are made using strategic planning and consideration as competing firms are ready to counter react to any change in any new market action.
Market entry is difficult Because of the already established customer base of the successful operating firms dominating the market.Also venturing into the market requires high capital, technology or additional government licences. Examples of Oligopolistic firms are oil and gas firms, airlines, mass media etc
Answer:
Activities General Ledger accounts
Allocate indirect labor <em>Credit Factory wages payable</em>
Pay factory property tax <em>Debit Factory Overheads</em>
Purchase materials <em>Debit Raw material inventory</em>
Use direct materials <em>Credit Raw material inventory</em>
Complete job <em>Debit Raw material inventory</em>
Deliver job <em>Credit Raw material inventory</em>
<em></em>
Starting a business out of necessity reffers to making a decision based on specific criteria that has an affect on a certain number of people. In this situation, a person is making the decision they feel is best based on information collected and parts of an oganization that needs to be changed. It's imparative to do your research and decided what and why things need to change and the best way to acheive success in doing so.
It would give me the impression that you’re not interested in the interview. If someone walked into an interview while doing the above personally I would see them as “having better things to do”
Anyways, Hope this somehow helps!
