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1 year ago

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

Business

1 answer:

Over [174]1 year 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

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Commerce Corporation has a high probability of operating at 40,000 activity hours during the upcoming period, and lower probabil

Zepler [3.9K]

Answer:

Total cost= $877,500

Explanation:

<u> First, we need to calculate the unitary variable cost:</u>

Unitary variable cost= 135,000 / 30,000= $4.5

Unitary variable cost= 180,000 / 40,000= $4.5

Unitary variable cost= 225,000 / 50,000= $4.5

<u>Now, the total cost for 35,000 hours:</u>

Total cost= Unitary variable cost*total number of hours + fixed costs

Total cost= 4.5*35,000 + 720,000

Total cost= $877,500

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2 years ago

Dev is a strategist for the firm Stark Industries, which produces high-quality HD movie cameras. This company needs a specific m

Setler [38]

Answer: A. Stark industries should acquire LENS

Explanation:

Based on the information given in the question, the best strategy that Dev should suggest is that Stark industries should acquire LENS.

Since Stark Industries require the material from LENS and it's difficult to trade, the best option is to acquire it. The acquisition will make the production of the high-quality HD movie cameras easier.

It should be noted that entering into a competition with LENS is not advisable as that'll lead to the material not gotten. Also, a short or long term agreement isn't advisable as well.

Therefore, the correct option is A.

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2 years ago

The accumulated depreciation account is a permanent account. <br> a. True <br> b. False

aleksley [76]

Depreciation Expense is a temporary account since it is an income statement account.
Therefore, the answer is
b . False

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3 years ago

Read 2 more answers

Assume you are manager of the Outback Steakhouse, a franchised restaurant that has opened at new location in St. Louis. Describe

Irina18 [472]

Answer:

Market segmentation consists of a strategy to better identify consumers based on common characteristics, that is, divide the market into clusters, so that there is a better targeting of the company's marketing strategies.

In the case of opening an Outback Steakhouse franchise in St. Louis, the bases of segmentation and possible appropriate segmentation variables could be geographical, to better understand the region of the city and surroundings, demographic to understand the characteristics of consumers and form the target audience and behavioral to understand the habits, tastes and preferences of your potential audience, and thus gather important information from that region and align the company's strategy to meet the specific desires and needs of consumers.

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2 years ago

True or false the risk premium is primarily concerned with business risk, financial risk, and inflation risk.

Nikitich [7]

The answer is true .

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3 years ago