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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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Sally purchased a newly introduced moisturizing lotion. By attempting to find out if the lotion's perceived performance matched
cestrela7 [59]

Answer:

B) satisfaction

Explanation:

Customer satisfaction -

It is the measure of how the services and the products which are provided by the company meets the expectations of the customers .

The better the product or service performs , results in a better level of satisfaction .

Hence , from the question , Sally was too measuring the level of Customer satisfaction .

7 0
3 years ago
which of the following is not a reason to give yourself extra "cushion" when driving? poor visibility on the road poor road cond
Snezhnost [94]
<span>Cushion is the amount of distance you keep between you and the car in front of you that allows you to easily maneuver in any condition. Typical this distance is about 3 seconds.
You should a</span>dd one additional second for any condition that is less than perfect. Unperfect conditions are  heavy traffic, not feeling well, or other distractions.
You should add two additional seconds to your space cushion if the it is raining or snowing. <span>Each of the given reason (poor visibility, poor road conditions, inclement weather) is a reason to give yourself extra "cushion" when driving. </span>
3 0
4 years ago
Spade Agency separates its accounts receivable into three age groups for purposes of estimating the percentage of uncollectible
tankabanditka [31]

Answer:

a. total estimated uncollectible accounts is $21,190

b. to entry the adjustment, we have to debit bad debt expense and credit allowance for doubtful accounts in the amount of $14,690

Explanation:

a. to compute the estimated uncollectible accounts, we have to multiply the specific % to the accounts receivable plus the beginning balance;

•Accounts not due

$36,000 x 4% = $1,440

•Accounts 1 - 60 days past due

$21,000 x 25% = $5,250

•Accounts more than 60 days past due

$16,000 x 50% = $8,000

So the total uncollectible accounts would be; $6,500 + $1,440 + $5,250 + $8,000 = $21,190

b. to record the year-end adjustment of the uncollectible accounts, we have to debit bad debt expense and credit allowance for doubtful accounts in the amount of $14,690. This figure is the uncollectible amount we computed earlier based on the aging.

6 0
3 years ago
Rule-of-thumb budgeting is budgeting that's popular with the hospitality and tourism industry because it's so effective.
a_sh-v [17]
I think the answer is false

:):):):):):):)
7 0
3 years ago
Owning your own business allows you the freedom to
Snowcat [4.5K]
The answer is to determine your own working hours.
 Owning you own business allows you the freedom to determine your own working hours. All you have to do is to supervise and manage your own time. With proper inventory and developing new strategies.

 

4 0
4 years ago
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