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kvv77 [185]
3 years ago
9

If a firm invests in continuous innovation and willingly cannibalizes its existing products with more advanced products, the fir

m can:
Business
1 answer:
anygoal [31]3 years ago
6 0
The firm can PREVENT COMPETITORS FROM ACHIEVING A SIGNIFICANT TECHNOLOGICAL LEAD.
Continuous innovation will put a company at a competitive advantage compare to its competitors and will help a company to control a large market share..
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A trade surplus occurs when the value of imports is__________. A. less than the value of exports. B. government spending is less
Reika [66]

Answer: Option A

         

Explanation: In simple words, trade surplus refers to the economic condition under which a country's value of goods sold to other countries, that is, exports is greater than the value of goods it purchases from other countries ,that is, imports.

Trade surplus is seen as a positive indicator of economic growth as a country in surplus will behaving more money to invest in public core services and wont be spending their tax collections on interest and loans taken by international assignations such as IMF or world bank.

Hence from the above we can conclude that the correct option is A.

5 0
2 years ago
What drove Tucker to risk everything to build a car company?
lesya [120]

Answer:

he opened a car company for a better tommorow

3 0
3 years ago
You meet a friend of yours for lunch. He is a supplier of coffee machines. While talking business, you mention to him that you'v
9966 [12]

Answer and explanation:

There are several factors to be considered at the moment of setting the price of a good or service that is going to be offered. Raw materials, production costs per unit, and labor are the most common. However, setting the price based on the competitors seems vague. An organization cannot depend on this matter strictly of another organization since the reasons for getting to the competitors' price is unknown.

Basing the price of a product based on demand and supply could be a good option. It will imply the price level will fluctuate according to market requests. By doing this, companies make sure to keep their expected revenues almost the same regardless of what competitors might be doing.

5 0
3 years ago
Equity is A. always achieved by the market. B. when poorer​ people's income is growing more rapidly than more wealthy​ people's
lutik1710 [3]

Answer:

C. the fair distribution of economic benefits

Explanation:

In economics, there is equity in resource distribution if resources are distributed in such a way as to ensure fairness and justice.

In a command economy, in order to ensure justice and fairness, the government is charged with the responsibility of redistributing economic resources. While in a capitalist economy, the price system does the work of income redistribution.

The question of equitable resource distribution can be achieved through pareto  optimal allocation of resources, Vilfredo Pareto  in his book “Manual of Political Economy”, 1906. A Pareto-optimal allocation of resources is achieved when it got to a point where it is impossible to make anyone better off without making someone else worse off.

4 0
3 years ago
Leisure Inc. is a vacation planning company. It provides various holiday packages, such as camping outdoors, adventure sports, i
bekas [8.4K]

Answer:

The answer is: lifestyle segmentation

Explanation:

Lifestyle segmentation refers to the marketing practice of categorizing customers into small groups, and the more information available about the potential customers, then their are divided into smaller sub-groups. These sub-groups are formed using the customers' lifestyles as basis; what do these customers like to do, what they don't like to do, how they live, etc.

Leisure Inc. uses its customers' recreational preferences (part of their lifestyle) to create small sub-groups, e.g. those who like camping, adventure sports, trekking, etc.

4 0
2 years ago
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