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siniylev [52]
3 years ago
5

My Work Ramon works for a large company that is considering starting a new business unit to sell personalized coffee mugs. He ha

s been tasked with the preliminary research for the industry analysis. His analysis should begin with:
Business
1 answer:
aleksandrvk [35]3 years ago
8 0

Defining the new company's industry and strategic group

Explanation:

Benefits of Strategic Group Analysis:

  • Identify direct competitors and the basis of competition.
  • Movement of other organizations from one strategic group to another
  • Identify opportunities
  • Identify problems
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3 years ago
Select all that apply. Select the items that describe what happens at the equilibrium price. Producers supply the exact goods th
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<span>Producers supply the exact goods that consumers buy.
Consumers have enough goods, at the given price
</span><span>Producers use their resources efficiently

At the equilibrium price, the quantity bought= quantity sold. Consumers have enough goods at the given price, meaning that there isn't anyone who wants to buy the good at that price but can't, and producers use their resources efficiently.

The whole economy does not waste resources, since this is the market-efficient outcome, and there aren't many shortages or surpluses for the same reason. </span>
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The answer is option C.  achieve economies of scope.

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Based on the scenario portrayed in the question, the office management firm is hoping to achieve economies of scope.

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