Suppose your main competitor has just introduced a new technology by which customers are really delighted about that technology. the customers are increasing substantially after introducing that new technology in the market. as a top-level manager, what should you do at this moment for your organization?

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Answer 1

As a top-level manager of the organization, the duty of the manager is to come up with a business strategy that can be effectively applied to the situation so that it works in favor of the organization.

How a company can conquer technological challenges?

Sustaining in the market by lowing the prices of the products.Introducing discounts and combo offers to attract customers.Creating better customer-business relationships so that a business rapport can be built.Working with the team, brainstorming some ideas which can bring positive results for the organization with the existing products available in the market.

Thus, these are some of the ways a manager can adapt to survive through a technological threat.

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Related Questions

when scrum team members meet and collaborate with each other to find the best way to build and deliver the software to the customer, which of the following agile values is being practiced?

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When scrum team members meet and collaborate with each other to find the best way to build and deliver the software to the customer, the agile value being practiced is:

individuals and interactions over processes and tools;

What is the Agile value of collaboration?

The agile value of collaboration requires that team members should interact with one another to brainstorm over a matter and know the best methods to use in solving a problem.

So when the scrum team members engage in the interaction above, they are heed to the first Agile value.

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for a monopolist: a. price equals average total cost. b. price is above marginal revenue. c. marginal revenue equals zero. d. marginal cost equals zero. e. average total cost equals marginal cost.

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For a monopolist, price is above marginal revenue.

What is monopolist market?

A monopolist market is a market with managed alone.

The price of commodity should be greater than marginal revenue this is because until marginal revenue and cost are balance the business cannot expand.

But a high price above the revenue will equal to profit.

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For a monopolist seller, price is above marginal revenue.

What is marginal revenue?

This can be defined as the difference between the amount of revenue generated as a result of additional unit of variable factors of production.

Factors of production are grouped as follows;

Fixed factors:Land and Machineries.

Variable factors of production: Labor and Capital.

Therefore, price is usually higher than marginal revenue for a monopolist.

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Natural gas Group of answer choices used in automobiles produces more pollutants than gasoline. when burned in automobiles, produces only water and no carbon dioxide or other pollutants. reserves in the United States may last many decades, even with increased demand. consumption in the United States is declining as available resources decline.

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The true statement about Natural gas is that the reserves in the United States may last many decades.

What is a Natural gas?

This refers to an energy source from fossil that is formed deep beneath the earth's surface.

Today, the U.S. produces almost all of the natural gas that it uses.

Therefore, the Option D is correct.

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Although the unemployment rate is the single best indicator of how well the labor market is working, we discussed in class that it is considered incomplete because it: does not count discouraged workers. does not measure how well people are matched to their jobs. counts part-time workers who would like to work full time as fully employed.

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The unemployment rate is not considered to be a complete measure because it does not count discouraged workers.

How is the unemployment rate calculated?

The unemployment rate includes only people who are still actively searching for work and they have to be in the labor force.

People who have looked for jobs for a while and then got discouraged and given up, are not counted as unemployed which therefore depresses the unemployment rate.

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Design quality is considered a(n) __________ for the firm. Multiple choice question. insignificant cost strategic decision service decision unimportant decision

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The Design quality that a firm goes with is considered to be a strategic decision.

What kind of decision is Design quality?

The quality of the design that a company goes with to brand their goods and services will represent what the company hopes to achieve in the future.

This means that the decision is a strategic one as these are done to showcase the future goals and direction of a company.

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1. describe a buying situation in which you were successfully cross-sold and a situation in which you were ""traded up.""

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To Cross-sold means a sales tactic used to get a customer to spend more by purchasing a product that's related to what had been bought already. Read below about trade up.

What does it mean to be traded up?

To be traded up means to have added a higher-priced, higher-quality version of a product to the range, generally to increase sales of the lower-priced model through consumer association of its image with the more prestigious model.

Therefore, the correct answer is as given above.

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Which accounting method correctly reflects the results in finacial statements

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The accounting method that correctly reflects financial statement results is Accrual accounting.

What is accrual accounting?

This is a type of accounting that takes into account the various transactions that the business goes through even those that are not cash-based.

This will therefore accurately reflect the results of the financial statement because business get involved in non-cash transactions as well as cash transactions.

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in which way does the concept of product life cycle (plc) help marketing managers?

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The concept of product life cycle (plc) help marketing managers to know when to roll out a product for sale and when to develop or produce more products.

What is product life cycle?

Product life cycle talks about the life span of a product.

It include how long a product can last before spoilage or before it becomes obsolete.

It helps managers to plan rebranding of a product and new production.

Therefore, The concept of product life cycle (plc) help marketing managers to know when to roll out a product for sale and when to develop or produce more and new products.

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The new classical model implies that substitution of debt for tax financing a. leaves wealth, and therefore aggregate demand, unchanged because the debt will require higher future tax rates. b. increases aggregate demand and exerts an expansionary effect on real output. c. reduces savings because it increases both the current and future tax liability of households. d. is highly effective against inflation.

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The new classical model implies that substitution of debt for tax financing a. leaves wealth, and therefore aggregate demand, unchanged because the debt will require higher future tax rates.

What is the substitution of debt for tax financing?

The substitution of debt for tax financing is the use of deferred taxes in the form of debt.

Debt financing creates a financial arrangement whereby an entity takes up a secured or unsecured loan to finance a project.

Thus, the new classical model implies that substitution of debt for tax financing a. leaves wealth, and therefore aggregate demand, unchanged because the debt will require higher future tax rates.

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Apple invested $10,495 in the current year to expand its manufacturing capacity. Assume that these assets have a 10-year life and generate net cash flows of $3,000 per year, and that Apple requires a 7% return on its investments. (Apple $s in millions.) (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. Compute break-even time. 2. Compute the net present value of this investment.

Answers

The breakeven time of the project is 3.50 years

The net present value of the project is $10,575.80

The requirement, in this case, is to determine the payback period(breakeven time) and the project's net present value.

The breakeven time means the number of years it takes to recoup the initial investment, and the number of years it would take for the annual cash flows to be the same as the initial investment, also known as the payback period.

Note for an investment that has even annual cash flows, breakeven time is the initial investment divided by the annual cash flow

breakeven time=$10,495/$3,000

breakeven time=3.50 years

The net present value is the present value of future cash flows for the 10 years minus the initial investment

PV of annual cash flow=annual cash flow*PVA of $1

From the table,7% for 10 years, would give PVA is 7.0236(PVA table, check 7% under year 10)

PV of cash flows=$3,000*7.0236

PV of cash flows=$ 21,070.80

NPV=$21,070.80- $10,495

NPV=$10,575.80

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The current popularity of teams can be attributed to the fact that ________. A. they outperform individuals B. they represent a better way to use employee talents C. they reduce the need for coordination and supervision D. they aid in the performance of simple tasks that do not require diverse inputs E. they strengthen the worth of individual team players over the team

Answers

Generally, the current popularity of teams are mostly due to the fact that they represent a better way to use employee talents.

What is a team popularity?

This refers to a team quality of being liked, enjoyed and accepted by a large number of people.

In most times, the popularity of typical teams are because they represent a better way to use employee talents for their organizational success.

Therefore, the Option B is correct.

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Identify a type of market failure. Provide an example of that type of market failure and briefly explain one way that the government could help to reduce the negative effect of that market failure.​

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Monopoly power, inefficiency, absent markets, and other factors can all result in market failure. Government is help to reduce the negative effect of that market failure such as implemented taxes and laws. An example of a market failure is music application.

What is market failure?

When we talk about "market failure," we're talking about an economy where there is an inefficient flow of commodities and services on the open market.

Inefficiency, absent markets, insufficient markets, and negative externalities are the main forms of monopoly power. audio player: All listeners hear the song, yet it cannot affect them directly. It is unable to determine whether or not a user has paid.

The government must address market failure issues brought on by additional regulations, taxes, tariffs, subsidies, and trade restrictions.

As a result, monopoly power, inefficiency and missing markets types of market failure. Government implemented taxes and laws. Ex of music app.

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Once the project schedule and project budget are approved they become the _____ Group of answer choices project plan derivative plan schedule plan baseline plan actual plan

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Once the project schedule and project budget are approved they become the baseline plan. This is further explained below.

What is the baseline plan?

Generally,  Project management baselines are the established points from which further planning is done.

In conclusion, As soon as the project timeline and budget are greenlit, they constitute the foundation of the project.

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a 12oupon bond, semiannual payments, is callable in 3 years. the call price is $1,120; if the bond is selling today for $1,110, what is the yield to call?

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Based on the coupon rate, the call price and the selling price, the yield to call is 11.06%.

How is the yield to call found?

The formula to find it is:

= (Coupon + (Call price - Current price) / Number of periods ) / ( (Call price + Current price) / 2 ) x 2

Solving gives:

=( (12%/2  x 1,000) + (1,120 - 1,110) / 6 semi annual periods ) ) / ( (1,120 + 1,110) / 2) x 2

= (61.667 / 1,115) x 2

= 11.06%

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The approach used when overhead is applied to jobs by multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the jobs is called.

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A method of costing whereby overhead costs are allocated to a job by multiplying the actual cost of the allocation base incurred by the job by a specified overhead rate is known as Normal Costing.

What is predetermined overhead rate?

An allocation rate known as the predetermined overhead rate allocates a specific amount of manufacturing overhead to job orders or goods.

Predetermined overhead is frequently calculated at the start of each reporting period by dividing the anticipated manufacturing overhead expenses by an allocation base.

The allocation base refers to the time taken to perform an activity such as the machine hours, direct labor hours etc.

Normal Costing also known as the product costing method in which the several cost such as the direct cost, material cost, manufacturing overhead cost as well as the work in progress is added.

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answer it please ^_^​

Answers

Answer:

after independence the government device specific rules to public and private sectors basic the strategic industries where the government and their public sector and the consumer goods industries were left to be diplomate and the private sector there were member of change in industry policy from the time to time

Explanation:

Evolution of business activities

As the new technology invented it has also an application in business . before there was no thing as e bussiness or e commerce. but not almost every person heard it somewhere. business owners tried to move their business to online to get benefits from it and it helps them to grow their business to a very extent as it provides them with lots of costumer.

so marketing is now done by customer itself.

Seeing the effect of each financial transaction or event on your current situation is the purpose of:

Answers

Seeing the effect of each financial transaction or event on your current situation is the purpose of: balancing your books.

What is a financial transaction?

This has to do with all forms of exchange that occurs between a person that is selling a good and another person that is buying.

Such transactions are usually written in  the accounting book which is balanced.

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Assume that an adjusting entry was made on november 30 for earned, but unpaid employee salaries of $260 which represented 2 days of salaries earned for november 29-30. on december 5, the employees are paid for five days. record the journal entry on december 5 assuming that reversing entries are used by selecting the account names from the pull-down menus and entering dollar amounts in the debit and credit columns.

Answers

The journal entry to be recorded for the transaction that took place on December 5 will affect a debit in Salaries and Wages Expense for $650; and a credit in the Cash balance equally.

What is a journal entry?

A systematic method of recording the monetary and financial transactions in a chronological way of their occurrence, is known as a journal entry. Each journal entry has a debit and credit effect of equal amount.

The journal entry for the transaction has been added in the image for better reference.

Hence, the significance of journal entry is aforementioned.

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A firm or individual providing financial capital to small businesses in exchange for an ownership stake in the company is called a: Group of answer choices corporate raider. takeover specialist. financial capitalist. venture capitalist.

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A firm or individual providing financial capital to small businesses in exchange for an ownership stake in the company is called a venture capitalist.

Who is a venture capitalist?

A venture capitalist is usually a high net worth individual or group of people who specialise in investing in small businesses.  They usually provide financial capital to small businesses in exchange for a percentage in ownership in the company.

Due to the fact the investing in small businesses is risky, the returns demanded by venture capitalist is usually high.

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Assume that the markets can no longer be segmented. What would be the quantity demanded if price is 50 in a monopoly market?

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The quantity demanded will remain the same because in a monopoly market, there is only one supplier, hence the demand is forced to remain inelastic to price changes.

What is a monopoly?

A monopoly is a price structure where there are many buyers but only one seller.

This could be a

natural monopoly; Pure monopolyLegal monopoly etc.

It is thus correct to state that the quantity demanded will remain the same because in a monopoly market, there is only one supplier, hence the demand is forced to remain inelastic to price changes.

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The title to an automobile or the deed to a cattle ranch assures a buyer that the seller is the legitimate owner of that property. This is an example of property rights _________.

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The above is an example of property rights facilitating exchange.

What is property right?

This refers to the legal right to own a property whether or not they are tangible or intangible.

Property rights enables one to do the following:

A person has the authority to own a property.The property can be used within the law as he deemed fit.Receive any income that the property generates.

Hence, the above is an example of property rights facilitating exchange.

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A ________Blank identifies that a firm has legally registered its brand name or trade name so the firm has its exclusive use, thereby preventing others from using it.

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A trademark Blank identifies that a firm has legally registered its brand name or trade name so the firm has its exclusive use, thereby preventing others from using it.

A brand extension is when a company uses one of its established brand names on a new product or new product category.A brand name, or product brand, is a word, group of words, letters, or numbers that represent a product or service. A trade name, or corporate brand, identifies and promotes a company or a division of a particular corporation. The trade name is the legal name of the business.

What does trademark imply?Any word, phrase, symbol, design, or combination of these that distinguishes your products or services might be considered a trademark. Customers use it to recognize you in the marketplace and set you apart from your rivals. Both trademarks and service marks are included under the umbrella term "trademark."Business names, logos, slogans, sounds, and even colors that are distinctive to a single brand may be protected by a trademark.

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Which of the following best describes retained earnings? Select one: Shows in and out flows of cash from the company during a period Provides a description of sources of funding and uses of funding, at a point in time Records level of reinvested profits Total assets less net liabilities equals equity

Answers

The option that best describes retained earnings is records level of reinvested profits.

What is retained earnings?

Retained earnings is the amount of a company's earnings that is not paid out to shareholders as dividends or used to pay debtors. It is the amount of money that can be reinvested into the business.

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Which of the term structure theories claims that investors are limited to certain maturity ranges due to legal restrictions and personal preferences?.

Answers

Answer:

The market segmentation theory.

Explanation:

Market segmentation theory holds that long-term and short-term interest rates are unrelated. It also argues that the current interest rates for short, intermediate, and long-term bonds should be assessed individually, as if they were products in various debt securities markets.

According to market segmentation theory, each asset maturities market group is primarily composed of investors who, in this example, choose to invest in securities with certain durations such as short-term, long-term, or intermediate. Furthermore, the theory states that buyers and sellers in the short-term securities market have unique characteristics and motives when opposed to buyers and sellers in the long-term and intermediate maturity securities markets.

Reference: Snellman, Kaisa. From One Segment to a Segment of One-The Evolution of Market Segmentation Theory. Svenska handelshögskolan, 2000.

When both supply and demand decrease, the equilibrium price ________ and the equilibrium quantity ________.

Answers

When both supply and demand decrease, the equilibrium price increase and the equilibrium quantity  decrease.

What is supply and demand?

Supply can be defined as the amount of goods that a company is willing to produce and supply while demand can be defined as the amount of goods that consumer are willing or ready to buy.

When both supply and demand decrease, the equilibrium price and the equilibrium quantity can do the following:

Increase; decreaseDecrease; decreaseRemain the same; decrease


Therefore when both supply and demand decrease, the equilibrium price increase and the equilibrium quantity  decrease.

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A. the ability to merely project one's abilities in the lack of actual accomplishments B. the ability to reduce the dependence of team members on each other C. the ability to induce the team members to focus on individual goals rather than collective goals ormal leadership D. the ability to influence a group toward the achievement of a vision or set of goals E. the ability to use factors like training and experience to reduce dependence on f

Answers

A leadership is best described as the ability to influence a group toward the achievement of a vision or set of goals.

What is a leadership?

In a formal setting, this refers to individual ability to influence, lead and guide others people to accomplish a predetermined mission in the manner desired.

Hence, it is best described as the ability to influence a group toward the achievement of a vision or set of goals.

Therefore, the Option D is correct.

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The failure to properly record an adjusting entry to accrue an expense will result in an:

Answers

The failure to properly record an adjusting entry to accrue an expense will result in an understatement of expenses and an understatement of liabilities. This is further explained below.

What are expenses?

Generally, expenses are simply defined as what it would take or what it would cost to do anything.

In conclusion, Incorrectly recording an accrual adjustment entry will result in a misstatement of both costs and liabilities.

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Question 9(Multiple Choice Worth 5 points) (04.03 LC) In our culture, one recent fatal event is common and does not affect the insurance business may encourage individuals to decrease insurance coverage may trigger fear and, therefore, more insurance sales frequently results in switching insurance companies

Answers

The pandemic and measures were taken to control the spread disease have significantly disrupted economic activity in countries around the world, resulting in significant business interruption losses.

What was the impact of pandemic over the insurance businesses?

Businesses across many sectors of the economy faced major decline in the revenue during the pandemic due to which government direct them to close their businesses.

Insurers and their associations around the world stated that most of the policyholders have not acquired insurance coverage which will respond to the business interruption losses that result from pandemic business closures.

Business interruption insurance against pandemic risk could be provided with support from governments based on the experience of risk insurance programs.

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What are the 5 Economic resources categories?

Answers

Answer:

land, labor, capital, information, risk exposure and business reputation, Money and gas

The five economic resources categories are land, labor, capital, information, technology.

Economics is the study of how to use resources to produce products and services as effectively and efficiently as possible in order to meet consumers' needs and desires. In agriculture, the producer of goods or services could be an agribusiness firm producing a food product to meet consumer desires, or an agricultural producer growing a crop to satisfy the needs of a food processor.  A business requires resources to produce a product (a good or service), such as labour (i.e., workers), land (e.g., a building), equipment, cash (capital), and other resources.  

To summarize: in order to run a business, the manager requires resources, as well as one of the manager's responsibilities is to decide what assets to use and how to use them.

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marshall corporation had $220,000 in invested assets, sales of:

Answers

The rate of return on investment for Marshall is 30%.


Rate of return on investment

Using this formula

Rate of return=Income form operation/Assets invested ×100


Let plug in the formula

Rate of return=$66,000/$220,000×100

Rate of return=30%

Therefore the rate of return on investment for Marshall is 30%.

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