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Zolol [24]
3 years ago
15

3M involves its customers in the process of developing new products. In this way, it can benefit from current customers' insight

s and develop new products that will meet these customers' needs. 3M is pursuing a ________ growth strategy.a) product developmentb) diversificationc) product penetrationd) market penetratione) market development
Business
1 answer:
zalisa [80]3 years ago
8 0

Answer:

The correct answer is a) product development.

Explanation:

The development of a new product is carried out in the field of business, engineering and design, it is the complete process of creating and bringing a new product to the market. There are two parallel aspects that are involved in this process: one implies product engineering; The other, market analysis. Marketing managers consider the development of a new product as the first step in managing the product life cycle.

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5 0
3 years ago
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A canadian agent has an existing client who goes on vacation to Seattle, Washington. The agent wishes to contact the customer in
Rashid [163]

Answer:

The exception is due to vacation.

Explanation:

This is an example of a right answer, while, yes the individual must be registered in Canada, the exception is due to vacation.

7 0
3 years ago
If the Sampson Company, a supplier of wood, understands the needs and requirements for wood for a few firms within a NAICS class
Helen [10]

Answer:

The answer is "Option c".

Explanation:

The customer service must matter arising' needs to fulfill everyone. The Sampson Company, a timber manufacturer, understands the wood specifications or conditions for several firms within the NAICS category. Within this case, the Dunn Company will develop the timber specifications or criteria of all firms underclass.

5 0
3 years ago
Suppose the working-age population of a fictional economy falls into the following categories: 60 have full-time employment; 20
iogann1982 [59]

Answer:

1) What is the size of Labor force

?

60 people are full time employed + 20 people who are part-time employed + 20 people who are unemployed = 100 people

2) What is the Unemployment rate?

20 people who are unemployed / 100 people = 0.2 or 20%

the unemployment rate includes only those people who do not have a job but are willing and able to work, and are currently looking for one.

5 0
3 years ago
What role, if any, should the U.S. government take in this issue of setting fair wages in developing countries?
Anuta_ua [19.1K]

Answer:

Corporations of the United States should be tracked by the U.S government to ensure that workers' rights in developing countries should not be compromised.

Explanation:

In many developing countries political leaders are afraid that if wage rates are enforced on big corporations they could be forced off global markets. Foreign investment capital is significant to the economy of developing countries and there is always fear that the loss of such investment may break the economies of these countries. The government of the U.S should ensure vigorous monitoring programs that require businesses to report the location of international factories publicly so that human rights organizations can track their actions independently.

3 0
3 years ago
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