A company that adapts its product mix to meet the needs of a new market is using the global marketing strategy of diversification. Diversifing refers to developing strategies that sell the same product or service, but are changed up depending on who they are marketing to. They could also diversify the product to match the market they are trying to reach, by customizing the product to meet different needs, they have a better chance of selling to many markets.
A company that adapts its product mix to meet the needs of a new market is using a market development strategy. This strategy involves marketing existing products to new customers or into new geographic areas.
Explanation:When a company adapts its product mix to meet the needs of a new market, it is using a market development strategy. A market development strategy involves a business marketing its existing products to new customers or introducing the existing products into new geographic areas. It is different from product development, which involves introducing new products to the existing market, and diversification strategy, which would involve selling new products to new markets. The term 'undiversified' does not represent a marketing strategy, hence it is not the correct answer.
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why can a bank afford to pay interest rate on a savings account
Answer:
Banks use the money from borrowers whom they charge at a high interest rate, and gives a lower rate to the people who have a savings account.
Small businesses must hire professional finance managers to manage their income and expenses. True or False
True; not must, but highly recommended.
Answer:
True.
Explanation:
The Financial Manager is the professional responsible for managing taxes, forming the sale price, auditing, controlling accounts payable, controlling financial investments, controlling bank balances, managing cash flow and analyzing financial statements.
A Financial Manager manages, plans and organizes the company's controllership activities, observing legal principles, policies and guidelines adopted, to define forms of budgetary, accounting and financial control.
What is an example of an internal risk for a company?
A. political disturbances
B. employee turnover
C. new market entrants
D. natural calamities
E. currency rate changes
Answer:
b!!
Explanation:
Employee turnover is an example of an internal risk for a company. It can lead to a loss of knowledge and skills, increased costs, and decreased morale and productivity.
Explanation:An example of an internal risk for a company would be employee turnover. Internal risks are factors within a company that can cause harm or loss, usually due to decisions that are under the control of the company itself. Employee turnover, in particular, can be a significant risk because it can lead to a loss of knowledge and skills, increased recruitment and training costs, and decreased employee morale and productivity.
For example, if a company has a high rate of turnover due to poor management or lack of job satisfaction, it may have difficulty maintaining performance and competitiveness in its market. Furthermore, the costs associated with hiring and training new staff can also place a considerable economic strain on the business.
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Under a contractionary policy the government can reduce the deficit by
Under a contractionary taxation policy, the government can reduce the deficit by increasing taxes and/or reduce spending. Contractionary policy is often used by governments that need to slow down the pace of its economy, due to an inflation rate problem.
what is the richest state?
Answer:
New Jersey
Explanation:
With a median household income: $96,346.
(if that incorrect, try Maryland which is very close to being the richest state)
Acknowledging a mistake publicly is?
It can be a way to restore trust
Acknowledging a mistake publicly is an act of taking responsibility for an error or wrongdoing in a public or visible manner. It involves openly admitting and expressing remorse or regret for the mistake.
By publicly acknowledging a mistake, individuals or organizations demonstrate their commitment to being accountable for their actions and maintaining ethical standards. It reflects a willingness to take ownership of one's errors and learn from them.
Recognizing and acknowledging mistakes publicly allows for reflection and learning from the experience. It provides an opportunity to understand the factors that contributed to the error, implement corrective measures, and prevent similar mistakes in the future.
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a share of ownership in a company is known as witch of the following a) stock (b) investment (c) rebate (d) bond
The answer is d) bond.
If reasonable accommodations are made, an employer with 15 employees or more can't legally refuse to hire someone due to
Question options:
their gender.
their sexual preference.
their ethnicity.
their disability.
The correct one to me is "Their disability" if mentally or physically unstable they can not legally hire them.
Hope this helped!
The letter S in the acronym SMART represents the word
The letter S in the acronym SMART represents the word specifically.
What is the acronym of SMART?SMART, meaning Specific, Measurable, Achievable, Realistic, as well as Timely, seems to be an acronym. To assist with concentrating your efforts and improving your chances of being successful, a SMART objective contains all of these characteristics. SMART objectives are precise, well-defined, explicit, and specific.
The phrase specific is represented by the letter S in the acronym SMART. The "Specific" in the acronym denotes that there should be a definite, well-defined aim with a predetermined conclusion.
This makes it possible to monitor developments and guarantee that the objective is reachable. A method for condensing all the complex concepts we have in our heads into manageable activities.
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Ali wanted to figure out the selling price for the custom paperweights he planned to sell. He found that at a price of $5.00, he could sell 20 units; at a price of $10.00, he could sell 15 units; and at a price of $20.00, he could sell 5 units. Based on these numbers, how could Ali make the maximum profit?
A. sell at $5.00
B. sell only 15 units
C. sell at $10.00
D. sell less than 20 units
E. sell at $20.00
the answer is C
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Answer:C
Explanation:
in Illinois Mobile homes are generally considered to wich one a. personal property b. real property c.trade fixture d. fixtures except when they been permanently affixed to their foundation?
A. personal property
a centrally planned economy is
A. an economic system that has no government involvement.
B. an economic system in which the government regulates the production.
C. always the most efficient economic system.
D. a form of free enterprise with minimal government involvement.
It is an economic system in which Government regulates the Prices and what to produce in the particular Country .
The correct answer would be option B, An economic system in which the government government regulates the production.
A centrally planned economy is an economic system in which the government regulates the production.
Explanation:
An economic system, in which the economy(including investment, capital and allocation of capital goods) is governed by a predefined economic and production plans, is called as the Planned Economy.
The system of planning in this economic system can either be centralized, decentralized or participatory.
This economic system is regulated by the Government. All decisions about the capital, lands, buildings, machinery, or other resources are taken by the government.
The production, prices, distribution, etc of the products or services are regulated centrally by the government.
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1. What were some of the challenges that Chase encountered with setting up Buzzcar?
Answer:
some of the challenges chase encountered with setting up Buzzcar:
availability of carsInvestorsTrustExplanation:
Buzzcar is a ride sharing company that connects people to others who wish to share their ride/car with them i.e peer-peer ride sharing through a smart phone app.
Availability of cars : In Buzzcar unlike her other company Zipcar the company doesn't own the vehicles so the immediate availability of cars for Riders to share can't be totally Guaranteed it depends solely on the owners of the vehicle to make cars Available
Investors : Robin Chase started her company from Paris because of a strategic investor she found there.
Trust: for peers to willing share a ride there has to be a trust between them and this posed a serious challenge
Answer:
availability of cars
Investors
Trust
Explanation:
The best conclusion that can be drawn from the graph is that the number of nonfarm jobs
B. Started going down in 2008.
Which of the following characteristics of a professional business letter distinguish it's from a personal business letter
Many professional business letters are printed on letterhead.
Hello. This question is incomplete. The full question is:
"Which of the following characteristics of a professional business letter distinguishes it from a personal business letter? a. professional business letters come from individuals writing on their own behalf. b. many personal business letters are printed on letterhead. c. personal business letters come from individuals representing a company. d. many professional business letters are printed on letterhead. "
Answer:
d. many professional business letters are printed on letterhead.
Explanation:
Basically, the professional business letter is a document that allows communication between legal entities or between legal entities and individuals. Currently, these correspondences can be either physical, sent by post, or electronic, sent by e-mail. The objectives of this letter can be varied, such as the exchange of information between the parties or even the registration of a transaction.
When these letters are physical, they are usually printed on letterhead which is a printed paper or marked the symbol or logo of a certain company.
When applying for credit, what is a co-signer?
This is what a co-signer does. A co-signer is a person who is obligated to pay back the loan just as you, the borrower, are obligated to pay. A co-signer could be your spouse, a parent, or a friend. The lender cannot require your spouse to be a co-signer unless you are both applying for the loan.
When you're approved for a credit card with a co-signer, you and the co-signer become joint account owners and are both responsible for repaying the balance.
Which option represents equilibrium as it appears on this graph? 5 graphic T-shirts on sale for $6 10 graphic T-shirts on sale for $30 30 graphic T-shirts on sale for $10 55 graphic T-shirts on sale for $6
The correct answer should be Option C: 30 graphic T-shirts on sale for $10 .
The concept of equilibrium in economics signifies where supply equals demand. In this question, it isn't possible to identify which option represents equilibrium without a graph. An equilibrium price could be any value where the quantity of T-shirts supplied equals the quantity of T-shirts demand.
Explanation:In the field of economics, the concept of equilibrium represents the point where supply equals demand for a product, in this case, graphic t-shirts. It reflects the price at which the quantity of t-shirts that sellers are willing and able to sell equals the quantity that buyers are willing and able to purchase. Unfortunately, without a graph, it isn't possible to specifically identify which option signifies equilibrium.
However, typically, an equilibrium price could be $6 for a T-shirt if the point at which the quantity of T-shirts supply matches the quantity of T-shirts demand is '5' or '55'. Alternatively, it could be $10 if the balanced quantity value is '30', or even $30 if the equilibrium is at '10' T-shirts. Evaluating the correct answer would require a holistic view of the graph to understand the dynamics of T-shirt supply and demand.
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Anti-trust laws or suits may be used to break up which of the following
they can be used to break up monopolies
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Answer:
Hi you haven't listed the options but from the definition of anti-trust laws its main purpose is to breakup business MONOPOLY
Explanation:
Anti-trust laws or suits also know as competition laws, are statutes developed by the Government to ensure free and fair competition in the open market by business owners thereby cutting off business monopolies and delivering good and fair prices to the consumers
What type of budget is stated? A budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.
Its cash flow statement. Hope this helps!!
Answer:
Cash flow
Explanation:
Its correct just took the test
A company has earned a large profit this year. The company’s president wants to reward certain employees for their exceptional performance.What strategy can she use to reward deserving employees?
A.
issue certificates for exceptional performance
B.
offer to present them during a board meeting
C.
provide them with longer break hours
D.
display their names on the achievers’ board
E.
offer profit sharing
Answer:
E. Offer profit sharing
Explanation:
A reward should be related to the underlying cause. The best way to reward them will be to share some of the profits with them. The company can do that by offering them a cash bonus. The bonus will serve as a motivation for them and other employees as well.
A cash reward strategy will be best as it will be a perfect match with the company's achievements. The employees have made money for the company; it is only fair they get cash a reward. Employees work to earn money, not certificates or work breaks. A monetary reward will be the most ideal as its the consideration employees seek every morning they report for duty.
Final answer:
To reward exceptional employees, the company president can utilize creative awards and gift cards, which create positive experiences linked to the company, or profit sharing, which aligns employee rewards with the company's success.
Explanation:
To reward employees for exceptional performance, a company president can employ several strategies that align with the company's culture and reflect sincere appreciation. Recognizing employee contributions can be done in creative ways, such as with symbolic awards like the seat belt award or the golden banana award, which convey a message aligned with the company's values and spirit. Offering gift cards is another effective method that allows employees to enjoy experiences like dining out or going on a vacation, creating positive associations with the company.
These rewards must be perceived as genuine and are distributed fairly, reflecting the different contribution levels of employees. This approach can foster a stronger commitment to the company. However, if monetary rewards are considered, options like profit sharing could be effective, as they tie the rewards directly to the company's overall profitability and provide an incentive for employees to contribute to the company's success.
What is often the first sign of a stolen identity?
The first sign of a stolen identity is often financial theft, which can lead to sudden changes in banking practices.
Explanation:The first sign of a stolen identity is often financial theft. When someone's identity is stolen, the thief may use their personal information to make unauthorized transactions, withdraw money from their bank accounts, or apply for credit in their name. This can lead to sudden and unexplained changes in banking practices, such as unfamiliar charges or withdrawals.
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Pls help! Quick!!!
Micah has been working as a fitness trainer at a gym. He plans on opening a new gym of his own three blocks down the street. However, if he does this he will be in violation of the _______ he signed when he took the job, which prevents him from starting a gym within five miles of his employer.
A) taxpayer identification form
B) 1099 form
C) noncompete agreement
D) exclusive account agreement
Ari wants the team members to understand which project tasks they are responsible for and when they need to be completed. He should create a _____.
U can always try putting He should create a Due date.
Hope it helps
Gantt Chart
if this is on Odyssey then it should be Gantt Chart
Which education savings plan can be used for the K through 12 expenses as well as post secondary expanses
Answer:
Coverdell education savings plan apex
Explanation:
Which country use tax brackets as a part of their tax system
Answer:
All of the above.
did the test :)
wht is the exemption for a trust that is required to distribut all of its current income?
Answer: The income earned by the trust depends on the income of the individual. Your prosperity as a trustee lies fundamentally in your capacity to figure out what's head and what's salary. Trust is maintained to hold and invest money which can later come in the use of the beneficiaries.
A trust that disperses all its pay is viewed as a straightforward trust. However, there is some exemption on the taxable amount of trust. If the trust retains the income for more than a period of one year then it becomes liable to pay tax. Trusts are not liable for double taxation in any situation.
Alex applies for a home loan. The bank asks him to furnish a document as residential proof for processing the loan. Which document should he provide to facilitate the loan process?
A. paystub
B. personal account register
C. bank reconciliation statement
D. social security card
When you are asked to furnish something, you are being asked to provide something that is needed. Furnishing is another word for filling a need with no limit as to what the need is. When you are furnishing a loan document for a home, a paystub is needed so that they can have proof of where you work, live and what you make to see if you qualify for the loan and at what interest rate. The correct answer is: A. Paystub.
The document that he should provide to facilitate the loan process is a paystub. The correct option is a.
What is a paystub?A paystub is a document that’s given to an employee each payday. It shows their total amount earned, less deductions for things like tax.
Pay stubs show income from salary, hourly wages or commission. They also list things like: tax withheld, reimbursements for personal work expenses, deductions such as insurance and retirement, employer contributions toward insurance or retirement. They may also show other employee information such as the amount of vacation time owed or used. Pay stubs are also known as payslips, paycheck stubs, or pay advice. Traditionally, the pay stub was a paper document attached to a physical check or included in a wages envelope. Today, most employers prefer to use electronic pay stubs.
These can be emailed to employees or made available to them online.
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help with my job search
wheres the question? you didnt put it
Which of the statements is true about the following image?
a.
There will be three columns
b.
The left column will be larger than the right column
c.
There will be a line between the columns
d.
The columns will be equally spaced
I believe the answer is B.
The correct answer is B
In 1776, an economics book titled -BLANK- was published to promote the concept of free enterprise.
The book that was published in 1776 which promotes capitalism ideals and free enterprise was written by the Scottish economist and philosopher Adam Smith, and it is entitled The Wealth of Nations – a shortened version of it’s original title, which was An Inquiry into the Nature and Causes of the Wealth of Nations.