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trasher [3.6K]
3 years ago
15

Mirage Inc., a management consulting firm, has experienced an expansion in its profit in the last four quarters. It plans to hir

e more employees to provide services to its new customers. It therefore launches an intense recruitment drive and collaborates with colleges to tap potential employees. This is an example of a _____ strategy.
Business
1 answer:
Kamila [148]3 years ago
7 0

Answer:

<u>growth.</u>

Explanation:

An organization's growth strategy is an action plan that the company will implement to achieve expansion of its activities.

For a company to grow effectively, it needs to be analyzed and planned for its growth strategy, so that there is restructuring and innovation that enables compliant growth to take advantage of business-related opportunities.

Customer expansion occurs when a company wants to expand its customer base by offering a higher quality service or product, hiring new employees to deliver superior service and support growth.

In a general context, organizations wishing to expand should look at the critical points such as investments, logistics, customers, communication, which require further restructuring of innovation and training, so that there are significant changes that positively affect all stakeholders.

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DASH Airlines is considering the addition of a flight from Red Cloud to David City. The total cost of the flight would be $1,100
Talja [164]

Answer: add this flight because marginal revenue exceeds marginal costs.

Explanation:

Since the total cost of the flight would be $1,100, of which $800 are fixed costs already incurred, then the variable cost in this case will be )$1100 - $800) = $300.

Since the expected revenues from the flight are $600, thus implies that the total revenue exceeds total variable cost and therefore Dash should add the flight because total revenue is more than total variable cost and the marginal revenue exceeds marginal costs.

7 0
3 years ago
you have $6000 to invest in two stock funds. The first fund pays 5% annual interest and the second account pays 9% annual intere
stira [4]

Answer:

Amount of money invested is $2,000 and $4,000

Explanation:

In this question, we are asked to calculate how much was invested in two different accounts given the amount of money invested in both accounts.

Let the amount of money invested in both accounts be a and b respectively.

Mathematically;

A + B = 6000 ......I

Now we use the formula for simple interest to check the amount that is supposed to be made on Both accounts if he end of a year.

Formula for simple interest is I = PRT/100

Let’s apply this to what is on ground:

5*1* a/100 = 5a/100

Second is

9*b*1/100 = 9b/100

That is 5a + 9b = 38,000. ........ii

Solving Both simultaneously as follows:

Let A = 6000-b from 1

Substitute this into 2

5(6000-b) + 9b = 38,000

30,000 -5b + 9b = 38,000

4b = 8,000

b =$2000

This means a would be 6000 - 2,000 = $4000

8 0
3 years ago
Bundling:__.
Cerrena [4.2K]

Answer:

c

Explanation:

Bundling is when separate products of a company are combined together and sold to customers usually at a lower price

6 0
3 years ago
A company purchases land and a building for $300,000. The appraisal attributes a fair market value (FMV) to the land of $180,000
ser-zykov [4K]
$700,000 I hope that helps
5 0
3 years ago
PLEASE HELP ME
Olin [163]

Answer:

i clicked on this when i didnt mean to and i dont know how to exit

Explanation:

6 0
3 years ago
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