Answer:
The correct answer is the option B: Capitalizing on core competencies.
Explanation:
To begin with, in the field of business when we talk about "core competencies" we use the term to refer to something that a company can add to its business strategy with the purpose to add more value to the final benefit that the final consumer will obtain from the consumption of the good. Therefore that it means that capitalizing on core competencies refers to the situation where a company decides to add a superior value to its product by achiving diversification in its strategy and more specifically in this case, in its marketing campaign so that is why that Philip Morris will capitalize on core competencies by using marketing expertises from the other firm that has just bought.
Answer:
a.$ 2,367.36
b.$ 3,105.85
c.$ 3,642.48
Explanation:
The future value formula applicable in all the three cases is stated thus:
FV=PV*(1+r)^n
PV is the amount today which is $1000 in all cases
r is the rate of interest (i.e 9%,12% and 9%)
n is the time the amount is invested( i.e 10,10 and 15 years)
FV=1,000*(1+9%)^10=$ 2,367.36
FV=1000*(1+12%)^10=$ 3,105.85
FV=1000*(1+9%)^15=$ 3,642.48
The answer is true
This is because a assessment is a process of determining needs, and or gaps between conditions. And a sales pitch is a sales presentation where a salesperson explains the benefits of their business.
Knowing all of this information, a needs assessment can alter the content of a sales pitch.
Answer:
D. Shoes Cult has a competitive advantage over Aros.
Explanation:
Competitive advantage is defined as the advantage an entity has when they are able to produce a good at cost that is lower than the cost incurred by other parties in the same industry. This results in higher profit margins for businesses that have low production cost.
In this scenario Aros produces shoes for $20 while Shoes Cult produces the same shoes for $22. They both have the same price ceiling of $30.
Aros has competitive advantage over Shoes Cult because they produce at a lower cost and make more profit than Shoes Cult.
Assume they both sell at the maximum price. Profit for Aros= 30- 20=$10
Profit for Shoes Cult= 30-22= $8
Answer:
The answer is a) umbrella coverage
Explanation:
Umbrella coverage is an insurance that adds an extra layer of protection for liabilities not covered by any other policies. It gives an additional layer of security to the individuals who are in danger for being sued for harms to other individuals' property or wounds caused to others in a mishap. If you are the owner of important and valuable assets, purchasing umbrella insurance could be an intelligent move.
