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Artist 52 [7]
4 years ago
9

The CEO of Dave's firm just came back from a business seminar. He called Dave into his office and stated, "I just found out abou

t the product life cycle curve in a strategy seminar. This is a great tool. I want you to drop whatever you're doing and inventory all of our products to determine exactly where they are in the product life cycle." Dave needs to think fast for a good answer because he knows that
it is often impossible to identify with precision where a product is in the product life cycle.
Business
1 answer:
Slav-nsk [51]4 years ago
4 0

Answer: B.it is often impossible to identify with precision where a product is in the product life cycle.

Explanation:

It is very hard to identify for sure where a product is in the life cycle for a myriad of reasons chief amongst them being the lack of sufficient data, external factors influencing data and misalignment with historical data.

Products go through four stages in product life style starting from introduction, growth, maturity and decline and pinpointing exactly where a product is can be affected by the aforementioned factors.

For example, products like natural food or yoghurt might be considered declining then due to renewed interest for whatever reason, they are rejuvenated and go back into a Growth phase.

Or in another example, the data of a product may be based on a stable economic period which does not hold anymore so the sales of the product cannot be expected to be the same and thus it can be wrongfully recategorized.

If you need any clarification do react or comment.

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The goal of expansionary fiscal policy is______.
sp2606 [1]

Answer:

C. to increase aggregate demand.

Explanation:

Aggregate demand describes the total amount of all finished goods and services demanded in a country in a period. Aggregate is a reflection on the purchasing power of consumers in an economy.  A decrease in aggregate demand implies the economic power of consumers has decreased. A high inflation rate, low income, or high rate of unemployment can cause the aggregated demand to declines.

Expansionary fiscal policies are government actions of reducing taxes or increasing expenditure on stimulus programs. Reducing taxes increases the disposable income of consumers. It encourages firms to expand their businesses.  An increase in disposable means consumers will have more money to spend, which boosts aggregate demand. If the government spends money on stimulus programs such as the construction of roads and public buildings, it creates employment and income for more people.

6 0
3 years ago
What does the European Central Bank (ECB) and the Eurogroup<br> manage in economic/monetary terms?
oksian1 [2.3K]

Financial and economic stability is controlled and enforced by the European Central Bank (ECB).

<u>Explanation: </u>

The main goal is to control markets and to promote economic growth as well as the development of jobs.

Specifies the inflation it loans to the Euro-zone financial institutions, thus regulating money supply and prices.

  • Managed financial assets of the euro and the sales and acquisition of assets to align market prices.
  • Secure the European financial framework and maintain its sustainability.
  • Controlling market trends and assessing controlling inflation threats.
  • Authorizes Euro coin manufacturing by Euro area countries.
5 0
3 years ago
Ge is disrupting itself by using reverse innovation to create low-cost health care diagnostic products in emerging markets. all
umka2103 [35]

ge is utilizing reverse innovation in order to protect itself from rivals.

<h3>What is  reverse innovation?</h3>

Reverse innovation or trickle-up innovation An innovation is one that is first noticed or used in the developing world before moving to the industrialised world. Dartmouth academicians Vijay Govindarajan and Chris Trimble, as well as General Electric's Jeffrey R. Immelt, popularised the term.

Reverse innovation is the process by which goods developed as low-cost prototypes to satisfy the needs of developing countries, such as battery-powered medical tools in countries with poor infrastructure, are repackaged as low-cost novel goods for Western purchasers.

The approach of innovating in emerging (or developing) markets and then distributing/marketing these inventions in mature ones is known as reverse innovation. Many businesses are creating items in rising markets such as China and India and then distributing them abroad.

To know more about  reverse innovation follow the link:

brainly.com/question/14085977

#SPJ4

8 0
2 years ago
While waiting in line to buy two tacos at 75 cents each and a medium drink for 80 cents, Jordan notices that the restaurant has
frozen [14]

Answer:

55 cents

Explanation:

75 cents each for a taco

$1,50 for two tacos (75×2)

80 cents for a medium drink

Total cost =1.50+0.80=$2.30

Additional taco =2.30+0.75=$3.05

Value meal =$2. 50

The marginal cost for Jordon to purchase an additional taco instead of the value meal =

3.05-2.50=55 cents

6 0
4 years ago
A bank is legally required to hold a fraction of its ________ as ________. deposits; required reserves deposits; excess reserves
GaryK [48]
<span>A bank is legally required to hold a fraction of its deposits as required reserves. These regulations are a requirement and set by most banks around the world. They set minimum amounts that must be held all the type to serve as a reserve in case of an </span>emergency. 
5 0
3 years ago
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