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lions [1.4K]
3 years ago
10

Hohner is a company that manufactures and markets harmonicas, a product with a steady demand rate. It is so successful at what i

t does that the company controls 85 percent of the world's harmonica industry. In terms of the adaptive strategies, Hohner would most likely be categoriz
Business
2 answers:
AnnZ [28]3 years ago
4 0

Answer: DEFENDER

Explanation: An adaptive strategy is a strategy put in place by business organisations in order to survive or remain profitable or in business during hard and unpredictable economic conditions. It helps the business to think beyond the usual to make certain strategic changes and decisions.

According to Adaptive strategy Hohner will most likely be described as A DEFENDER as it product has a steady demand rate with a very high market share.

jeka57 [31]3 years ago
4 0

Answer:

defender

Explanation:

When a company adopts a defender strategy it is basically trying to keep its existing market share, rather than trying to increase it.

In this case, Hohner can afford to adopt such an strategy because they control a very large market share and expanding it would cost too much and is not worth it.

Instead of concentrating on offering different products or innovations, defenders usually take advantage of economies of scale to offer low prices and generally high quality products.

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Has an opportunity cost

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Opportunity costs refer to the extra costs or benefits lost associated with choosing one activity or investment over another alternative. In other words, every  activity that you carry out includes the opportunity cost of not doing something else. No matter what we do, we could be doing something else.

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2 years ago
Miller owns a personal residence with a fair market value of $380,900 and an outstanding first mortgage of $304,720, which was u
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Answer:

$304,720

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Or

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A fishing boat is not considered a home improvement, so the equity loan is not considered qualified residence indebtedness.

6 0
3 years ago
Which of the following statements is true​?
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The correct answer is option C.

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4 0
3 years ago
Which of the following are benefits of international trade?
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Answer:

Please find the detailed answer as follows:

Explanation:

International trade provides many benefits:

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2.differentiated products.

When trade take place between the countries, then all the opportunity to consume different products. And countries produce their goods according to their labor and capital ratio and produce different variety of goods.

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3 years ago
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