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1. Suppose that you are the MD of a new cement production company wishing to enter the South African cement industry. Identify three (3) barriers to entry that you face. What strategies would you use to facilitate market entry and thereafter ensure the long term success of the company? (15) (900 words)
2. Do you think the Competition Commission is winning the battle against anti-competitive behaviour in South Africa? Support your answer by making reference to any case that has appeared before the Tribunal within the past five years. (10) (700 words)
Please stick to the word count per question and Hardvard referencing
It is important for companies to differentiate their services or products in the market place. This differentiation sometimes leads to building a core competency. which we will explore in the following individual assignment.
A faculty member sells Gatorade at UNC Charlotte football games. He finds that if he raises his selling price by $1, he sells 6 less bottles each week. He turns over the operation to a Managerial Economics student for a week. The goal is to maximize ..
Charlie has $ 1000 to allocate between football tickets and movie tickets over the year. The price of each football ticket is $50, and the price of each movie ticket is $10. His marginal rate of substitution of football tickets for movie tickets equa..
To encourage inner-city youths to spend more time playing sports, the government introduces a super income tax of 10% on professional basketball players and plans to use the revenue to improve inner-city sports facilities. In an attempt to raise more..
If the government establishes a quantity subsidy on the consumption of a good, it means that the consumer has to pay for each unity of the good its price minus the subsidy. That is, the price of the good becomes, in the consumer’s point of view, p−s,..
Complete the statements about the following three theories for the upward slope of the short-run aggregate-supply curve.
Concisely describe a strategically appropriate investment project that World Vision International Humanitarian aid organization might be evaluating—something that you think would make sense for that organization in its current environment.
Euclid acquires a 7-year class asset on May 9, 2015, for $80,000. Euclid does not elect immediate expensing fewer than 179. She does not claim any available additional first-year depreciation. Calculate Euclid's cost recovery deduction for 2015 and 2..
a researcher reported that he had found the demand curve for kerosene to be upward sloping.-as the price of kerosene rose the quantity demanded of kerosene increased. Illustrate what questions might you have for this researcher.
The grouping of customers into categories based on key characteristics is called segmentation. None of these answers are correct The grouping of customers into categories based on key characteristics is called itemization. The grouping of customers i..
People are lured by the idea of 50 mile per gallon vehicles which still perform well also are willing to pay the high prices to get one.
What are the differences in reporting guidance in a for-profit and not-for-profit organization? What are the similarities in reporting guidance in a for-profit and not-for-profit organization? How do these differences and similarities affect the comp..
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