1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
LUCKY_DIMON [66]
3 years ago
5

Smoltz Motors has plants around the country that specialize in specific models of cars. Smoltz has determined that lower demand

has led the firm’s inventory of SUVs to be too high. Smoltz wants to stop production for its SUVs and focus on its sedans.
This example describes a real option to ______ .
Business
1 answer:
Grace [21]3 years ago
8 0

Answer:

The correct answer is:  abandonment option.

Explanation:

An abandonment option comes into place when a company withdraws from an obligation because it is not being profitable anymore. It is a clause that allows one party in a given contract to stop being part of it before the term initially established is fulfilled.

You might be interested in
Why has the use of polling increased greatly in america? what are the negative aspects, if any?
Lostsunrise [7]
The utilization of Polling has expanded because of innovation which makes it less expensive and more broadly utilized. policy makers also uses the polling to stay in contact with changing sentiments on the issues. Polling can have negative aspect in light of the fact that it makes the politicians more worried about getting the vote as opposed to taking the ethical stand.
5 0
3 years ago
In markets where customers are sensitive to price and where internal efficiencies lead to cost advantages allowing for acceptabl
Nadusha1986 [10]

Answer:

The correct answer is letter "A": Penetration.

Explanation:

Penetration Pricing means that an initially low price for a new product or service attracts customers away from the competitors. The new company hopes that even if prices rise to normal levels, customers will continue to use their products. Penetration Pricing will yield higher returns on sales and push rivals out of the market if implemented long enough.

3 0
3 years ago
The Jay Group hires better employees than its competition by conducting effective searches and multi-tiered interviews. The comp
GalinKa [24]

Answer:

The answer is: People differentiation

Explanation:

Jay Group can gain a competitive advantage by hiring and training better and more efficient employees than their competition. The more efficient an employee is, the more productive the company will be.

The best examples are sports teams, titles are won by a great quarterback and a rock solid defense.

5 0
3 years ago
Michael Burda of Humboldt University in Germany and Daniel Hamermesh of the University of Texas examined how workers in the Unit
Aleks04 [339]

GDP is the sum of all final goods and services produced by an economy in a given period. In calculating GDP only the final goods and services that are traded are accounted for. Thus, household services that do not generate income are not accounted for in GDP, only productive activities. Therefore, in the long run the tendency is that the GDP analyzed by this issue will decrease, because when the unemployment rate increases, fewer workers will be employed in the productive sector. These people may substitute work for leisure or household chores, but this will not count in GDP.

3 0
3 years ago
Cal has a choice between two gambles. The first gamble offers a 50 percent chance of winning $20 and a 50 percent chance of losi
Ber [7]

Answer:

The second gamble has the higher expected value. EV = 4

Explanation:

In betting, expected value can be defined as (Amount won per bet * probability of winning) – (Amount lost per bet * probability of losing)

For the first gamble:

EV=(0.5*20) - (0.5*20) = 0

For the second gamble:

EV= (0.2*100) - (0.8*20) = 4

This means that Cal is expected to earn $4 for each $20 waged on the second gamble while he is expected to break even in the first gamble.

Therefore, the second gamble has the higher expected value.

4 0
3 years ago
Other questions:
  • __________ wants to administer a satisfaction survey to its current customers. Using their customer​ database, the company rando
    12·2 answers
  • After posting the entries to close all revenue and expense accounts, the Income Summary account of Cleaver Auto Services has a $
    10·1 answer
  • Our company reported the following financial numbers for one of its divisions for the year; average total assets of $4,100,000;
    12·1 answer
  • If you want to use Format Painter to apply formatting to many different selections, what can you do to make this happen more eff
    11·2 answers
  • Are the following statements true or false? Explain in each case.
    5·1 answer
  • 2. Matthew bakes apple pies that he sells at the local farmer’s market. If the price of apples increases, the a. supply curve fo
    7·1 answer
  • Which of the following would not be characteristic of a chain restaurant?
    10·2 answers
  • The previous graph you constructed should show that net exports from Japan would be negative if the price of yen increased to a
    8·1 answer
  • Assume the Atlas Corporation is expected to pay a $5 cash dividend next year. Dividends are expected to shrink at a rate of 3% p
    5·1 answer
  • which reason for holding inventory is exemplified when a firm builds up stock because they anticipate rising profit levels in th
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!