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IrinaVladis [17]
3 years ago
12

Given the industry structure in the automobile business, entering the auto manufacturing industry doesn't seem advisable. Yet Te

sla Motors is joining the fray. Rather than attempting to compete head-on in internal combustion engines, Tesla Motors is entering the all-electric car segment, a much less crowded niche in the overall car industry. Which of the following is Tesla most hoping to benefit from in this market niche? economies of scale customer switching costs capital requirements network effects
Business
1 answer:
Ilia_Sergeevich [38]3 years ago
5 0

Answer:

economies of scale

Explanation:

Economies of scale defines the advantage to company in terms of cost, that is with each increasing unit of output the cost for additional unit tends to decline.

All electric car segment do not currently operate or have competition as there is low market for such segments, but as the market is small for electric cars.

But as the company thinks to benefit in small scale because of economies of scale, the company might choose this electric car segment, encouraging customers, and with decreasing cost, company will be benefit.

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How is the value of a product determined?
svetoff [14.1K]

Answer:

One approach is to use the simple equation Value = Benefits / Cost. The plus side to this approach is that it is concrete and quantifiable. You can measure the profit consistently throughout the life of the product, charting changes in value over time.

5 0
3 years ago
Which of the following statements is true in a capitalist economy?
zepelin [54]

The answer is: b. Markets motivate individual actors to make economic decisions.

In a capitalist economy, the government has very little influence to intervene in the economy. The market is solely controlled by the power of supply and demand. When a lot of people demanded a certain type of products, people who will gain the most profit would be those who are bale to make economic decisions to fulfill the demand in the market.

6 0
2 years ago
What is the customer's goal?
ollegr [7]

Answer:

The key aspect of any business, company, or employer is customer service goals.

Explanation:

A customer service department and the staff represent the company and contribute to building the company's public perception. Customer service objectives are specific objectives and guidelines put in place by an enterprise to ensure that every client is 100% satisfied with the services provided by the enterprise. Excellent customer service means that every customer's needs and desires can be met promptly. A customer should never get away with a company or leave a place unhappy.

Improve customer service measurement

<u>Customers goals :</u>

  1. Easy to get in touch with customers
  2. Response times accelerated
  3. Improve customer service measurement
  4. Find ways to create an all-round experience for our customers
  5. Develop a loyalty program for clients
  6. Create a culture that focuses on customers
  7. Develop a strategy for customer surveys
  8. Take the customer success account into account
  9. Get customer renovation and up-sell creative
6 0
2 years ago
WHAT IS A Parliamentary System ABOUT
Zarrin [17]

Answer:

A parliamentary system or parliamentary democracy is a system of democratic governance of a state (or subordinate entity) where the executive derives its democratic legitimacy from its ability to command the support ("confidence") of the legislature, typically a parliament, to which it is accountable.

Explanation:

I took the test

4 0
2 years ago
If the government sets out to make home buying easier for more people by forcing lenders to accept ____________ down payments an
Artemon [7]

Answer:

If the government sets out to make home buying easier for more people by forcing lenders to accept LOWER down payments and LOWER interest rates, the result will likely be an INCREASE in housing prices

Explanation:

If either interest rates or down payment amounts lower, the quantity demanded for houses will increase a little, possible leading to a small increase in the prices of houses.

If both interest rates and down payment amounts lower, then the quantity demanded for houses should increase a lot, which will result in an increase in the prices of houses.

This happened during the first decade of our century and everything was fine until the interest rates started to increase and people could no longer pay their mortgages and BOOM, the economy busted.

7 0
3 years ago
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