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weqwewe [10]
1 year ago
10

The​ product/market expansion grid is a tool that allows marketers to identify growth opportunities. Of the​ following, which re

present the four components of the​ product/market expansion​ grid?.
Business
1 answer:
mart [117]1 year ago
6 0

The product/market expansion grid is a tool that allows marketers to identify growth opportunities. Market penetration, market development, product development, and diversification are the ones that represent the four components of the product/market expansion grid.

A market product grid is also termed an Ansoff Matrix or a product-market type expansion grid which is used as a tool that business firms used for the development of growth strategy. Market product grid is established for considering new as well as existing markets also new and existing products as well as the risks to be encountered in each possible relationship.

The Product Market Expansion Grid consists of four main suggested strategies which include Product Development, Diversification, Market Penetration, and Market Development.

A Market Expansion strategy is a special kind of strategic approach that helps the growth of companies when they are already expanded in their existing channels as far as possible. The primary focus of the strategy is to ensure that all of the particular current markets are fulfilled already and are satisfied with the products as well as the services which are presented for the strategy of market expansion.

Learn to know more about the product market expansion grid on

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Wayne worked in an office. He had no criminal record, had never had a complaint made against him about his work or his conduct,
boyakko [2]

Answer:

A) there was no way to foresee that the incident would happen.

Explanation:

Wayne hadn't done anything wrong before in the company, his behavior at the workplace could be described as very good; no complaint in 20 years and no criminal record what so ever. If Wayne was frustrated about his job, he disguised it very well. No one can predict this type of behavior if the person shows no prior signs of violence or frustration.

6 0
3 years ago
Consider the market for labor depicted by the demand and supply curves that follow. Use the calculator to help you answer the fo
vekshin1

Answer:

Suppose a senator considers introducing a bill to legislate a minimum hourly wage of $12.50.

Wage           Labor Demanded            Labor Supplied

$12.50               375,000                           625,000

This will result in a surplus of labor (625,000 higher than 375,000)

Which of the following statements are true?

  • Binding minimum wages cause structural unemployment.  As with all price floors, a deadweight loss results, because the quantity supplied is much greater than the quantity demanded. In this case, the price of labor is the wage, and the deadweight loss = structural unemployment
  • In the absence of price controls, a surplus puts downward pressure on wages until they fall to the equilibrium. Since a labor surplus exists, the price of labor should start to decrease in order to match the equilibrium price.
  • If the minimum wage is set at $12.50, the market will not reach equilibrium. The quantity supplied of labor is much greater than the quantity demanded for labor resulting in a surplus.

6 0
4 years ago
Are unemployment taxes based on wages of an employers payment history?
Eddi Din [679]
No.hard or long process to receive unemployment benefits, in Illinois, it takes up 2 8 weeks to receive benefits..mostly they judge unimploy. on hours worked for that year 2 date.
6 0
4 years ago
A commercial bank will loan you $20,000 for four years to buy a car. The loan must be repaid in 48 equal monthly payments. The a
Lisa [10]

Answer:

Monthly payment = $469.701

Explanation:

<em>Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.  </em>

The monthly equal installment is calculated as follows:  

Monthly equal installment= Loan amount/Monthly annuity factor  

Loan amount = 20,000

Monthly annuity factor  =

=( 1-(1+r)^(-n))/r  

r- Monthly interest rate (r)  

= 6/12= 0.5%  

n- Number of months ( n) = 20 × 4 = 48

Annuity factor  

= ( 1- (1.005)^(-48)/0.005= 42.5803

Monthly installment= 20,000 /42.5803  = $469.701

Monthly installment = $469.701

Monthly payment = $469.701

8 0
3 years ago
The liquidity approach to measuring money defines the M2 money supply as A. near monies. B. currency plus travelers checks and c
tatiyna

Answer:

The correct answer is C. M1 plus near monies.

Explanation:

The liquidity approach emphasizes the role of money as a store of value and downplays the role it plays as a means of payment. To assess the amount of money emphasizes that the essentially distinctive property of money is that it is the most liquid of assets.

The strict money supply or circulating medium (M1), which defines money as the money in the hands of the public and demand deposits (DV) is the usual most accepted formula as money. Therefore, money in the strict sense is listed as such in the monetary statistics of the International Monetary Fund (IMF) and many other financial institutions around the world.

7 0
4 years ago
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