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noname [10]
3 years ago
11

Which of the following is an advantage of first movers? Group of answer choices they are not prone to mistakes they have an oppo

rtunity to exploit network effects and positive feedback loops they bear lower pioneering costs than later entrants do they only invest in the latest technology
Business
1 answer:
joja [24]3 years ago
6 0

Answer:

they have an opportunity to exploit network effects and positive feedback loops

Explanation:

The first mover advantage refers to competitive advantages that can be achieved by a firm that first enters a market or launches a new product first. E.g. Volkswagen has a first mover advantage in China because it was the first foreign car manufacturer to successfully a car factory there. Another type of first mover advantage would be the ones obtained by Apple for launching the first smartphone.

Network effects refers to a good or service becoming more valuable because more people purchase or use them, e.g. social media apps.  

Positive feedback loops occurs when a company's output is used as a positive input in the productive system, e.g. when a company uses information gathered by customer service (CRM) to improve the products or services it offers.

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Asset sales, Usage fees, Brokerage frees, and advertising are all ___?
lapo4ka [179]

Answer:

sources of business revenue

Explanation:

Revenue is the money a business gets from its normal trading activities.  It is the income a business obtains through the sales of goods and services to customers. Revenue includes discounts received and purchase returns.

The sale of an asset is revenue to a business because it will receive money from the transaction. Usage fees, Brokerage fees, and advertising are money that businesses receive for offering services.

7 0
3 years ago
Suppose that the market price for a bottle of vitamins is $2.50 and that at that price the total market quantity demanded is 75,
tatiyna

Answer:

there will be 187, 500, 000 firms in the industry.

Explanation:

just multiply 2.50 with 75, 000,000 and get the answer.

6 0
3 years ago
Read 2 more answers
Indicate whether each of the following is counted in the United States gross domestic product for the year 2006. Explain your an
iVinArrow [24]

The value of used textbooks sold through an online auction in 2006 is the gross domestic product for that year.

<h3 /><h3>Which of the following variables is used when computing GDP?</h3>

The calculation of a country's GDP takes into account both total private and public consumption, government spending, investments, increases in private inventories, paid-in building expenses, and the international balance of trade. (Imports are deducted from the total, while exports are added.)

<h3>What are the gross domestic product's four components?</h3>

The four primary parts of the gross domestic product are government spending, corporate investment, personal consumption, and net exports. 1 That tells what a country is best at producing. GDP is a measure of a country's annual total economic production.

To know more about domestic visit:-

brainly.com/question/13795785

#SPJ4

3 0
9 months ago
Which of the following statements is true? Select one: A. Breastfed babies are less likely to develop allergies than babies who
ra1l [238]

Answer:

The correct answer is letter "A": Breastfed babies are less likely to develop allergies than babies who are fed infant formula.

Explanation:

Breastfeeding a baby after labor and the following months is crucial for the baby's future health status. Studies reveal that infants tend to develop more health conditions such as <em>allergies, asthma </em>or<em> overweight</em> when they are given formula instead of breastfeeding. The harm is not only from the baby's side but also from the mother's. <em>Ovarian cancer, diabetes, </em>and <em>cardiovascular diseases</em> are caused by not nursing babies.

7 0
3 years ago
Subjective performance evaluations are subject to several rater errors, which makes objective measures seem a better alternative
Mandarinka [93]

Answer:

A Subjective performance evaluation is more feasible when evaluating jobs that cannot easily be evaluated by numbers, in finding problems such as ethical errors that objective evaluation cannot identify and in identifying the rate of achievement of work goals that cannot be recorded in an objective evaluation.

Explanation:

Though Objective evaluation has been the more favored form of evaluation for valid reasons, there are still situations where subjective performance evaluation does a better job in the workplace.

Some jobs for example, the job of an attorney, cannot easily be objectively evaluated. In this situation, it falls on the employer to evaluate the performance of the employee by using measurements like team play, professionalism and client service.

In objective analysis, some ethical approaches are overlooked and the achievement of the set goal is the major criterion for ratings. This affords employees the opportunity to use unethical means to achieve set targets and the objective performance evaluation skips it, leaving them safe and with high ratings. In subjective performance ratings however, the employer having the power to rate employers, could expose these unethical behaviors faster and actions, taken on them.

In the workplace, certain goals are set in overall goals, as a method to achieving the overall set target. In an objective performance rating, an employee could bypass these and still appear to have achieved the overall goal. An objective evaluation will miss this but a subjective evaluation could pick this out and make rating each employee based on these soft goals and overall goal achievable.

3 0
2 years ago
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