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Sergeeva-Olga [200]
2 years ago
14

Essman might overlook strategic risks, the business plan at hand can be a good plan and the Product mix may be one of the best.

However, things do change, and the plans and the product mix stated in the plan may become outdated making the strategy of the company less efficient to reach its goals. Technological risks may also render the product mix out of date. With the dynamism of technology other efficient products may come to the market making rendering the product mix obsolete.
Would risk retention be a good strategy for this company? Why or why not?
Business
1 answer:
WITCHER [35]2 years ago
6 0

Risk retention is good for the company as the good has the better strategies planned about the product mix and if the things changed in the future the company is able to conquer the loss.

<h3>What is product mix?</h3>

Product mix is the total number of products sell by  the particular company, the products can be further divided into the categories and division. Many big companies have the different line products like the cosmetics, glasses, home materials and others.

Thus, Risk retention is good for the company as the good has the better strategies

For more details about Product mix, click here:

brainly.com/question/17463487

#SPJ1

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A U.S. technology company has decided to move some of its manufacturing processes to facilities in Japan, utilizing the nation's
julsineya [31]

Answer:

a. realized location economies.

Explanation:

The realized location economics refers to the economics in which the companies go throughout the globe to determine and operate that comes under an efficient goods setting. The production of the goods comes under the efficient goods setting creates an added advantage in the production cost  also it gains the competitive advantage

Therefore according to the given situation, the company has location economies realized

5 0
4 years ago
According to a recent survey conducted by Bain &amp; Company, which management tool or technique is most popular in global organ
marysya [2.9K]

Answer:

Customer relationship management

Explanation:

Customer relationship management refers to managing the relation with the customer by providing them an excellent quantity of products and services which are to be unique so that it became easy for attract the customer also the firm could gain the competitive advantage.

In the recent survey, it is mentioned that 67% of executives said that the customers are not loyal to their brand also with the help of the internet, it became easy for the customers and the future customers to make the comparision with regard to the prices that enables the firm to increase the price at the same time the firm also balance the market share

So the customer relationship management is the answer

3 0
3 years ago
Creators foster the open exchange of ideas across functions and departments and cultivate rigorousdebate. In your own words, why
Ne4ueva [31]

Answer:

As per the examples of the creators code Many things related to the performance of the company. It is critical to have a solid plan, to have a profitable products and services and to have effective methods. Although it is up to the individuals inside the organisation to actively enforce policies, plans ,and procedures that make a company a success.

5 0
3 years ago
Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives.
Norma-Jean [14]

Answer:

b $18.50

Explanation:

We have to divide the Procurement cost pool over the total number of order which is the cost driver of this activity.

<em><u>Cost pool:</u></em> 370,000

Disk drives purchase orders:      4,000

Tape drivers purchase orders:    4,000

Wire drivers purchase drives:  <u>  12,000  </u>

<em>     Total purchase order             20,000</em>

Now, we know the variables values so we can calculate the rate:

$370,000 cost pool/ 20,000 purchase order = $ 18.5

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Answer:

Socratic app

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it will help you

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