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Solnce55 [7]
1 year ago
14

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

#SPJ1

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BigFoot is a new online shoe retailer that just hit the market. If a customer chooses to shop at BigFoot rather than Zappos, thi
Anna007 [38]

Answer:

<u>Threat of new entrants.</u>

Explanation:

Porters Five Forces includes;

  1. The bargaining power of customers,
  2. The threat of substitute products or services and others,
  3. The bargaining power of suppliers,
  4. Competitive rivalry and finally,
  5. Threat of new entrants.

However, it is the threat of new entrants scenario we find in Bigfoot's case because Zappos is experiencing reduced market share because of the new entrant (Bigfoot).

3 0
3 years ago
List 5 store documents pls ASAP​
koban [17]

Explanation:

1. gate pass

2. stock card

3. stock requisition form

4. delivery note

5. stock order form

best regards!!

4 0
3 years ago
Leading economic indicators
Pavel [41]

Answer:

B. New applications for unemployment insurance

D. Stock prices

Explanation:

Unemployment benefits claims is one of the most powerful leading economic indicators, because it can predict, with a high degree of accuracy, the unemployment rate of the next economic periods.

Stock prices are also included in the index of leading economic indicators, more specifically, the Stock Prices of the S&P 500. Stock prices are a leading indicator because investors try to carefully invest in those companies they feel will have a good performance in both the short-term and the long-term.

5 0
3 years ago
Why is it difficult to compare relative job growth for different-sized businesses? staff size of small businesses tends to chang
Talja [164]

It is difficult to compare relative job growth for different-sized businesses because it is hard to determine the cutoff point at which a small business becomes a large business. It is not easy to know the comparative job development amongst businesses of different sizes. There are not the same parameters leading the size of a small business versus a big business. Moreover, there is no defined point where such a variation can be clearly identified.

5 0
3 years ago
Read 2 more answers
One of the first technologies to truly revolutionize the business use of information was a stone tablet.
denis23 [38]

One of the first technologies to truly revolutionize the business use of information was a stone tablet. FALSE.

Answer: One of the first echnologies to truly revolutionize the business use of information were paper and the printing press.

When these developments came about, they made it easier for communication to be shared between businesses, cities, and the economy. Allowing for paper and the printing press increased communication and made room for new jobs. As they grew and expanded, new people were hired which helped the economy get a boost of new funds.

3 0
3 years ago
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