1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Triss [41]
1 year ago
12

The top management of hipster clothing decides to set up an online store to cater to the changing business environment and reach

out to the hispanic market. the management also identifies that the success of the company will depend on its ability to create and develop new products and processes in the next two years. this is an example of
Business
1 answer:
kykrilka [37]1 year ago
4 0

I they  create and develop new products and processes in the next two years. This is an example of strategic planning.

<h3>What is strategic planning?</h3>

Strategic planning can be defined as those goals and objective  a company or organization intend to achieve in the future.

Based on the given scenario the company is engaging in future Strategic planning as they  intend to develop new products and processes in the next two years.

Therefore this is an example of strategic planning.

Learn more about strategic planning here:brainly.com/question/24864915

#SPJ1

You might be interested in
define free market system and identify and describe at least three of its major concepts or attributes
ladessa [460]
Free market economies allocate resources through demand and supply with minimal government intervention.

private ownership- all factors of production within the economy are owned mainly by private individuals and organizations.

Free enterprise- owners of factors of production and producers of a goods and services a free to produce what they want through the market forces of demand and supply.

Competition- <span>Companies have a competitive drive, thus better quality goods and more variety of products which are at lower prices. (more productively efficient )</span>
3 0
3 years ago
How to make flavored soft serve ice cream fresh ingredients?
RSB [31]
Soft Serve ice cream has been around since the 1930's, with a large milk base proteins to achieve the desired soft texture. This style of ice cream is characterized by light flavor and rich creamy texture. To make soft serve ice cream you will need a combination of whole milk, heavy cream, sugar, salt, dry ice and your desired flavorings. You will need to blend the core ingredients together then churn in the crushed dry ice to achieve the desired texture. You can mix in a variety of fresh fruits in the blending process, and you can also juice them prior to the churning process. 
7 0
2 years ago
Read 2 more answers
Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither
DiKsa [7]

Answer:

a. Even though I was willing to pay up to $40 for a jersey sweater, I bought a jersey sweater for only $31.

Consumer Surplus;

= 40 - 31

= $9

When the amount that a consumer is willing to pay for something is more than the amount they actually pay, the difference is the Consumer surplus.

b. I sold a used laptop for $137, even though I was willing to go as low as $130 in order to sell it.

Producer Surplus

= 137 - 130

= $7

When the amount that a producer is willing to sell something for is less than the amount they actually sell it for, the difference is the Producer surplus.

c. I was willing to go as low as $130 in order to sell it A local store was having a sale on watches, so I bought a watch for my brother. Neither.

6 0
3 years ago
Donald (a married taxpayer filing jointly) owns a wide variety of commercial rental properties held in a single-member LLC. Dona
adell [148]
Today I got this right ccccccccccc is Right
6 0
3 years ago
If your economics class were graded on a curve and everyone agrees to study only half as much, everyone would get the same grade
34kurt
STUDY!!!!!!!!!!!!!!!!!!!
6 0
2 years ago
Other questions:
  • Contractors Service, Inc., enters into a contract to build a restaurant for Dierdre’s Soup Spoons Bistro with Dierdre’s payment
    7·1 answer
  • All else equal, a firm would prefer to have a higher gross margin. <br> a. True <br> b. False
    12·1 answer
  • The following ledger accounts are used by the Heartland Race Track
    8·1 answer
  • Israel kirzner believes entrepreneurs have a unique capability, which he calls _________ ________, to spot existing opportunitie
    6·1 answer
  • Fundamental areas of management in supply chain operations management include:____________
    8·1 answer
  • On January 1, 2019, Jannison Inc. acquired 90% of Techron Co. by paying $477,000 cash. There is no active trading market for Tec
    9·1 answer
  • Which of the following was the result on appeal in Securities and Exchange Commission v. Texas Gulf Sulphur Co, the case in the
    5·1 answer
  • What’s the term for a condition that must be met before closing? Contingency Exclusion Line item Option
    13·1 answer
  • Which of the following government actions would represent the largest increase in physical capital?
    9·1 answer
  • An aging of a company's accounts receivable indicates that $4920 are estimated to be uncollectible. If Allowance for Doubtful Ac
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!