Answer:
a. Sue told her employees the department needed 12% more sales this year than last and they would be contacting at least four new customers each week
Answer:
The correct statement is a. To reduce cannibalization among products, reposition a product so that it does not directly compete with the other
Explanation:
product canibalization is a tactic that is used by producers to take off a product with a saturated market or a product that is under-performing than its expectation. what they do is introducing a new product with same or improved characteristics to capture the market share and reduce the sales of the existing product.
However, at times, this could be a problem if the company wants to introduce two or more products of the same nature and expect all to function well without canibalizing each other.
then, the option a. is the most suitable strategy to implement.
Answer:
17%
Explanation:
This can be calculated using the Capital Asset Pricing Model which is given as under:
Required Return = Rf + Beta factor * (Market Risk Premium)
By putting the values, we have:
Required Return = 5% + 1.2 * 10% = 17%
Disney need to earn 17% return on investment to trigger a Lego investment.
Answer:
The good time to start your business is when When the economy is strong
<u>Explanation:</u>
Beginning a business is like starting a relationship; the appropriate time to establish a business is the point at which you have the opportunity to give your consideration about the business. The best time for beginning a company should not be affected by one’s age.
Individuals of all ages can start a business, and you might be astounded to realize that most entrepreneurs in the US are more seasoned; 51% of proprietors of independent companies have many years of operations and still successful.
