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
Allushta [10]
3 years ago
15

Color Cosmetics, whose target market comprises only female customers, has now introduced a new range of products for the male po

pulation. It came up with new strategies and advertisements to reach the new target market. It did so to maintain a competitive advantage in the industry. Which strategy did the company apply to compete more effectively?
Business
1 answer:
Juliette [100K]3 years ago
5 0

Answer:

Organizational change

Explanation:

An organizational change refers to a change in the previously implemented strategies, plans, procedures, up gradation to a new technology, creation of new products and services or change in the structure.

In the given case, Color Cosmetics products were earlier only targeted at a gender i.e a marketing segment. Later on, the company decided to diversify and enter male segment too by coming up with new products targeted at the segment.

This represents a case for organizational change since the company has drastically changed it's previously implemented strategy and added an altogether new segment and new products.

You might be interested in
At its height, what percentage of american workers were employed in an automotive-related industry?
USPshnik [31]
The percentage of American workers that were classified as employed in the industry that is automotive-related is only 20%. There were only 2 out 10 Americans who are working on this job. Automotive jobs cover auto dealerships, and manufacturing plants.
7 0
3 years ago
Read 2 more answers
Brewco sells coffee makers for $120 each. the firm currently has variable costs per unit of $65. if brewco is able to reduce its
zhannawk [14.2K]
Contribution margin is calculated via subtracting the variable cost per unit to the sales price per unit. In equation, we have

Contribution margin = Sales Price - Variable Cost

Contribution margin ratio is calculated via dividing the contribution margin with the sales price. In equation, we have

Contribution margin ratio = contribution margin/sales price

Substituting the given values,
Contribution margin ratio for 65$ variable cost = (120-65)/120 = 0.4583 
Contribution margin ratio for 58$ variable cost = (120-58)/120 = 0.5167

<em>ANSWERS: 0.4583 or 45.83% and 0.5167 or 51.67%</em>

8 0
3 years ago
In what time period did hydroelectric power usage reach its peak? 1970–1980 1980–1990 1990–2000 2000–2010
liberstina [14]

The answer is: 1990 - 2000

By this time period, more people realize that energy generated from hydroelectric power is much more sustainable compared to other alternatives since it mostly relied on renewable resources. Between this period of time, nations on average use 2000 - 2500 billion kwh from hydroelectric power.

5 0
3 years ago
Read 2 more answers
Making formal statements, engaging in rites and rituals, utilizing employee training and coaching, demonstrating how a leader re
yuradex [85]

Answer:

The correct answer is Effect Corporate Change

Explanation:

Corporate change arises not only from the change in hierarchical structure, but from the beliefs, culture and values ​​by which one company can be recognized against others. And this change is mainly due to the treatment and the possibilities they offer in personal growth from the highest ranking boss to the person with the lowest level of authority. These actions allow a better development in the market, since they have updated competences that allow them to head towards the market effectively.

5 0
2 years ago
Read 2 more answers
g Experts suggest that firms wanting to globalize through e-commerce must first localize, which means firms need to ________. A.
Ludmilka [50]

Answer:

C. modify their products and services to meet the needs and interests of local cultures

Explanation:

Globalization is a phenomenon that enables companies to generate increased profitability and conquer new markets by implementing their businesses in other countries. Therefore, a company that wants to go global through e-commerce needs to modify its products and services to meet the needs and interests of local cultures, as entering an international market requires planning and structuring organizational processes that take into account that each country has their social and cultural particularities, their tastes and needs that are different from each other, which requires an adaptation of a company's products and services, so that they are well accepted and meet the specific needs of that market.

It is then necessary to research, plan and implement a global business strategy that takes local differences into account and includes them in its processes and values.

4 0
2 years ago
Other questions:
  • Of the following occupations, which is predicted to have the greatest job growth?
    14·2 answers
  • Ward and June are in the 32% tax bracket. A bond of Dell Computer Corporation with a face value of $10,000 is included in their
    5·2 answers
  • What may happen if your job does not require you to use the aptitudes you possess?​
    14·1 answer
  • Which is the most accurate definition of body language?
    9·2 answers
  • How do i do thisssssssssssssss pls helpppppppppppppppppppp
    6·1 answer
  • At the beginning of the month, the Painting Department of Skye Manufacturing had 20,000 units in inventory, 70% complete as to m
    12·1 answer
  • WILL MARK BRAINLY!
    13·1 answer
  • Two investment advisers are comparing performance. Adviser A averaged a 20% return with a portfolio beta of 1.5, and adviser B a
    13·1 answer
  • Why can it be difficult to use the indirect approach for a complex message that will be read on mobile devices?
    12·1 answer
  • why did aig get bailed out while lehman brothers did not? group of answer choices it had a stronger balance sheet lehman brother
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!