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Solnce55 [7]
2 years ago
14

Firms consider pursuing various ______ as part of their overall growth strategies.

Business
1 answer:
Over [174]2 years ago
4 0

Firms consider pursuing various <u>market segments</u> as part of their overall growth strategies.

<h3>What are market segments?</h3>

Market segments are the groups into which a market can be divided based on the common characteristics of the consumers.

The major market segments are based on:

  • Demographic
  • Psychographic
  • Behavioral
  • Geographic segmentation.

The purpose of creating market segments is to reach out easily to each group based on their requirements.

Thus, to enhance growth, firms embark on market segmentation.

Learn more about market segmentation at brainly.com/question/21310222

#SPJ1

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Say that the average worker in Canada has productivity of $33 per hour while the average worker in the United Kingdom has produc
12345 [234]

Answer:

The answer is: Canadian workers will still have a higher productivity, it will be $0.40 per hour higher.

Explanation:

We can elaborate the following productivity table:

Year     Canadian productivity                 British productivity

0                   $33 per hour                        $29 per hour

1                   $33.33 per hour                    $29.87 per hour

2                  $33.66 per hour                    $30.77 per hour

3                  $34 per hour                         $31.69 per hour

4                  $34.34 per hour                    $32.64 per hour

5                  $34.68 per hour                   $33.62 per hour

6                  $35.03 per hour                   $34.63 per hour

At the end of year 6, Canadian workers' productivity will be $35.03 and British workers' productivity will be $34.63 per hour (Canadian workers will be $0.40 more productive).

6 0
3 years ago
The logistics/supply chain network transformation team _____________________________. a. must be aware of the firm's overall bus
valina [46]

Answer:

a. must be aware of the firm's overall business and corporate strategies and the supply chain in which it participates.

Explanation:

A logistics/supply chain network transformation team should not only be knowledgeable about the specifics of the supply chain of the firm, but also about the firm's overal business strategy, in order to devise its own logistics/supply chain network transormation strategy, that is coherent with the general corporate strategy, and that improves upon it at the same time.

6 0
3 years ago
explain why a business that is small enough to be managed by one or a few people and does not require a large amount of capital
koban [17]

A business that is small enough to be run by one or a few people and does not require a large amount of capital would be good for a sole proprietorship.

This type of business structure has less bureaucracy and does not require a lot of formality to be managed, making it an ideal setting for family businesses, such as grocery stores and clothing stores.

Therefore, in a sole proprietorship, the owner is responsible for the risks inherent in the business, with greater freedom and flexibility.

Learn more about sole proprietorship here:

brainly.com/question/4442710

4 0
2 years ago
With their flooring business now eight months old, Jesse and Ed readily admit that _______ has been both a pro and a con in thei
pychu [463]
With their flooring business now eight months old, Jesse and Ed readily admit that raising capital has been both a pro and a con in their partnership.
I think this is the correct answer because they will raise their capital and make sure that they will gain from it.
7 0
3 years ago
Read 2 more answers
Many health care organizations are drowning in data. yet health care workers cannot get reliable insights from this data. inform
aev [14]

One of the primary reason for this problem is because the information has been trapped in data silos. In which, a data silos is being defined as a set of files that are separated or not part of the organization’s data administration and by this, it could be the main reason as to why the health care organizations are experiencing the following experiences.

7 0
3 years ago
Read 2 more answers
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