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Annette [7]
2 years ago
10

The notion that as an industry grows and matures it gains the knowledge it needs to become more innovative, efficient, and compe

titive is known as the ________.
Business
1 answer:
il63 [147K]2 years ago
3 0

The notion that as an industry grows and matures it gains the knowledge it needs to become more innovative, efficient, and competitive is known as the "infant industry argument".

<h3>What is infant industry argument?</h3>

According to the infant-industry theory, emerging industries in underdeveloped nations require protection from market pressures until they mature and achieve economies of scale that can compete with those of their rivals.

The benefits of infant industry argument are-

  • It helps the economy become less dependent on external markets and increase production independence.
  • New industries create new employment prospects when they are nurtured and allowed to expand.

To know more about the characteristics of developing and under developed nations, here

brainly.com/question/16875840

#SPJ4

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Your portfolio has grown from $2500 to $3800 what is the percent of the growth rate
Evgen [1.6K]

Answer:

52%

Explanation:

(3800-2500)÷2500×100 = 52% as your growth rate

7 0
2 years ago
Tatsuo has just been awarded a four-year scholarship to attend the university of his choice. The scholarship will pay $9,000 eac
a_sh-v [17]

Answer:

Value of scholarship today = $30,484.90

Explanation:

The value of the Scholarship is the present value of the annual payment of $9,000 discounted as the annual interest rate of 7% per annum.

This can be computed using the formula below

Present Value = Annual cash flow ×  (1- (1+r)^(-n)/r)

n -number of years, r-interest rate

rate r- 7%, n=4, Annual  cash flow = 9,000

Present Value = 9,000× (1-1.07^-4)/0.07

                      = 9,000× 3.3872

                      = $30,484.90

Value of scholarship today = $30,484.90

4 0
3 years ago
What are the major elements of lvmh's competitive strategy in the branded luxury products industry? how well do the pieces fit t
Arada [10]
It's incorrect to say competitive strategy- because LVMH is not a business. LVMH doesnt compete with anyone because it is a conglomerate of decentralized brands. Each brand has its own DNA/story/value proposition and its own competitors and unique business strategies.

Having said that, LVMH's 'corporate' strategy is to hold a portfolio of the most cherished, coveted luxury brands and add value through its specialized resources - sourcing, its supply chain management, brand management and talent.
4 0
3 years ago
Which two of the following must be completed when the pharmacy is
Iteru [2.4K]

When a pharmacy is notified of a Lock-in patient, the things that should be done include:

  • Add a forced note into the patient's profile.
  • Review the patient information with all Pharmacy Team Members

Lock-in programs, is also referred to as the drug management programs, and the main idea behind it is to reduce the doctor shopping.

Doctor shopping here means the practice whereby people go to different doctors in order to get different prescriptions for opioids or every other substances that are misused.

Read related link on:

brainly.com/question/20877278

5 0
3 years ago
A partial listing of costs incurred at Archut Corporation during September appears below: Direct materials $ 113,000 Utilities,
givi [52]

Answer:

Explanation:

Calculation for what The total of the product costs listed above for September is:

Direct materials $113,000

Add Utilities, factory $5,000

Add Indirect labor $25,000

Add Depreciation of production equipment $20,000

Add Direct labor $129,000

Total product costs $292,000

Therefore The total of the product costs listed above for September is: $292,000

8 0
3 years ago
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