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Q: Describe gross margin and why managerment is so important to firms?
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Why do firms try to sell more products or to sell them at a higher price?

so they can have a bigger profit margin


Why do firms try to sell more products or to sell them at higher price?

so they can have a bigger profit margin


Why do firms try to sell more products or try to sell them at a higher price?

so they can have a bigger profit margin


Why are small firms important?

Small firms are important because it helps the beginner businessman to start his business with a limited initial capital investment.


Describe the capabilities of a digital firm Why are digital firms so powerful?

so powerful?


A firms break-even point will rise if?

following reasons: 1- Fixed cost increases 2 - Contribution margin reduces 3 - Required profit increases


Characteristic do all three types of imperfectly competitive firms share?

What important charactertistic do all three types of imperfectly competitive firms share?


Can you have margin on an IRA account?

According to IRA regulations, if any part of an IRA is used as collateral, the entire IRA is considered to be distributed. Distribution of such accounts are subject to income taxes and an additional penalties. This is important because margin accounts require that you pledge your account as collateral. Your attempt to convert an IRA account into a margin account will nullify it's "qualified" status. It is for this reason that investment firms will not provide margin for a retirement account. Also, you are not allowed to have/keep a debit balance in a IRA account ***Revision Updated as Feb. 5, 2011 Select few brokerages will grant margin on IRA accounts. However, the margin capability will not be allowed leverage. The alternative purpose for seeking margin account is to avoid the settlement period (3 days, in which, the proceeds and principal cannot be used). Interactive Brokers and TD Ameritrade allow margining IRAs for settlement avoidances, only. This service has been approved be the Securities Exchange Commission. Bottom line: YES, you can margin an IRA account. NOT, for leveraging purposes.


Explain the term of production and operation management and describe its activities?

Production management has been the traditional term used to describe all the activities managers do to help their firms create goods.


What are some online resources which will help me evaluate and compare various brokerage firms?

The specific type of investing and trading that you intend to do will help determine what brokerage account is best suited for you. Factors to take into consideration include what products you will trade, frequency of trades, margin balances and margin interest rates and other factors.


Why is it important for the firms to differentiate themselves from competition?

It is necessary. But, at the end of the day I found its amazing.


An important principle for firms desiring to export is?

A) sell to countries with high standards of living.