Components inc., a maker of vehicle parts, refuses to sell to diy repair inc., a national vehicle service firm. the maker convinces the engine parts company, a competitor, to do the same. this is a group boycott.
Under competition law, a group boycott is a type of secondary boycott, unless two or more competitors in the relevant market agree to deal with an actual or potential competitor of the boycotting firm. Refuse to do business with the company.
Example: The FTC challenged the actions of several groups of competing health care providers, such as physicians, and refused to do business with insurance companies or other purchasers on terms other than those mutually agreed upon. That amounted to a group boycott of the illegal group.
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Answer:
cash budget
Explanation:
A financial budget within budgeting refers to the long-period and short-period planning of the company's revenue and expenditure. Exact cash flow forecasts help the company achieve the goals in the correct way.
A financial budget is indeed a potent tool for achieving any enterprise's lengthy-term goals. Relevantly, it also helps to keep the stakeholders as well as other institution members up-to-date on the company's ability to function.
Thus, from the above we can conclude that cash budget can be termed as finance budget.
In a command economy, the <u>government</u> either makes most economic decisions itself or at least strongly influences how the decisions are made. group of answer choices.
Economic decisions involve production, distribution, exchange, consumption, saving, and investment of economic resources. Private and Public Goals. Economic decisions are made to serve the goals of individuals and private organizations (private goals) and society as a whole (public goals).
In reality, economics is a vitally important subject because it is the study of making choices. More specifically, it is the study and practice of making choices in a world of limited resources (scarcity). You cannot go for a day without making economic decisions.
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Answer:
The equilibrium price will increase
Explanation:
Equilibrium price is defined as the price at which the quantity demanded and quantity supplied are equal.
At this point there is no excess demand or supply, they are both equal.
I'm the given scenario the new rice diet that is being marketed in the U.S. as a cure for cancer will lead to increase in demand for rice.
While a flood that affects the rice crop in California will reduce the ability of suppliers to supply. Leading to reduced quantities supplied to the market.
This results in increased prices for the now scarce rice in the economy
It is illustrated in the attached diagram where price increases from P1 to P2.
The new equilibrium quantity is Q1
Answer:
boundary spanning
Explanation:
Boundary spanning -
The term boundary spanning was given by Tushman in late 1950's .
It is the term used to describe an individual in the innovation system , whoes role is to link the internal work of the organization with the external work .
From the statement of the question , the example is for the term boundary spanning .