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Retailers are firms that sell directly to the consumer, wholesalers are the firms that supply the retailers goods to sale to the consumers.
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What are the big four accounting firms?
The largest firms are commonly referred to as "The Big Four." These four firms are: Deloitte and Touche, Ernst and Young, KPMG, and PricewaterhouseCoopers.
How much of the firms earning are left as balance after the firms pay out dividends to its shareholders?
It depends how successful the business is
Which sectors do accounting firms belong to?
my money
How many accounting firms are there in the united states?
138,600
Can partner deposit personal cheque in firms account?
no
What outlets do firms have to sell their output?
business markets and consumer markets
What is the most common way firms differentiate between consumer group?
based on age and gender
Is a set of firms that make and deliver a given set of goods and services to the ultimate consumer?
Supply chain.
What are the top 50 chartered accounting firms in the whole world?
Riaz Ahmad & Co. Chichawatni
Why are collusions and cartels unstable in the long run?
When cartels are created, usually in oligopolistic industries, few firms make agreements on things such as production and prices. This ensures that the few firms in the cartel have economic profit and will eventually drive off weaker firms. This usually results in monopolistic behaviors for the remaining firms and eventually the prices catch up to the consumer. Cartels tend to arise in markets where there are few firms and each firm has a signeficant share in the market.
What are threats of new entrants?
A new entrant represents firms and individual coming into a market with products and services potentially disruptive to the current system. This presents a threat to the business model and products of present, or legacy firms. However, what is a threat to the legacy firms represents a gain to the options and buying power made available to the consumer.
Why aren't the prices in a collusive oligopoly unlikely to fall?
Prices in a collusive oligopoly are unlike to fall, because if prices fall that only benefits the consumer, so the firms will not do it. Also in a collusive oligopoly firms get together and FIX the prices, which answers the question.
What is a consumer in an economic system?
An economy that depends on a large amount of spending by consumers
In which type of economy are choices made by consumers?
market
What is a consumer and producer service?
A consumer is someone who purchases goods and services to satisfy their needs and wants.Service: Good pre-sales and after-sales service makes you feel like you are a valued customer and consequently, you will keep buying that product or going back to the particular store. Poor service can have the opposite effect.Producer services are services sold to a producer.In the older economic order most large firms produced all their services (such as: advertising, maintenance, sanitation, business consulting, auditing, and engineering) "in house". Most large firms in the 1970s began to "unbundled" these services in an effort to become more economically efficient. Large firms today buy (contract out) these services from smaller highly specialize firms. These highly specialized firms sell what economist call producer services.somthing nessesarry for a persons servival
What kind of business is Grandin Road?
Grandin Road is a business specializes on consumer direct firms. They are also dealing with the quality home decors. In which the company is well-known to have an excellent reputation.
Describe the circular Flow Model?
The circular flow model is a summary of the operation of a market economy, that is the flow between production factors (firms) and households. Firms provide an income to households though employment (labour) and in the same manor households spend their income on firms for services and products.
