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
ss7ja [257]
3 years ago
8

Rather than competing head to head with established competitors, many companies seek out unoccupied positions in uncontested mar

ket spaces. They try to create products and services for which there are no direct competitors. This is called a ________.
a. "red ocean strategy"
b. "strategic sweet spot"
c. "common platform"
d. "blue ocean strategy"
e. "strategic platform"
Business
1 answer:
Solnce55 [7]3 years ago
6 0

Answer:

The correct answer is d. "blue ocean strategy".

Explanation:

The strategy seeks to set aside competition between companies, expanding the market through innovation. What companies need to be successful in the future is to stop competing with each other. In the last twenty-five years, all strategic thinking has been directed to the red ocean; The administration defines that in the competition there is the success or failure of the companies, which has allowed many to know how to perform skillfully in this world, but ignoring that another type of strategy could generate better results, without worrying so much about the competition.

The red ocean represents all existing industries today. These companies must have clearly marked limits, as well as defined competencies, and their objective is to overcome the rival and gain a great position in the market. They are constantly exposed to the emergence of new competitors, which decrease their chances of growth. Usually, this type of ocean is the reality of every business.

You might be interested in
During the swing era, economically speaking, American labor industries increasingly turned to _______ and ______ to make the eco
Sergeu [11.5K]

Answer: machines; new technologies

Explanation: A number of factors all coalesced into the great depression of 1929. This was a time followed by the swing era (1933 - 1947)— the period of time when big band swing music was the most popular music in the US. However, there were a variety of economic changes in great depression that helped Americans cope with the undue hardship caused by the depression and the war that followed. At this time of slow growth, American labor industries increasingly turned to machines and new technologies to enable the economy run more efficiently which helped saved time in producing goods or delivery of services, contributing to the overall profits of the American businesses. It also contributed to the efficiency of a business's output rate, allowing for larger quantities of products to be moved or of services to be rendered.

8 0
3 years ago
What are five marketing strategies that retailers spend half of their annual budget on?
aalyn [17]

The five marketing strategies includes strategies on 5P's which includes Price, Product, Promotion, Place and People.

The retailers are basically people who sells goods in smaller quantity to the final consumer in the chain of distribution.

The five marketing strategies they spend half of their annual budget on includes on the following:

  • Price: The retailers ensures that prices of their product are reduced below cost price to persuade consumers to buy from them.

  • Product: The retailers need to ensure that varieties of product are available in the stores to satisfy the consumers need.

  • Promotion: Various advertisement and others strategy to persuade consumers needs funds to make successful.

  • Place: The store and outlet need to be where is more favorable and comes with high cost of expenses for the retailers.

  • People; The consumers are given discounts and other incentives to persuade them to come and buy more goods from the retailers.

Learn more about this here

<em>brainly.com/question/14443232</em>

4 0
2 years ago
Lawrence is a photographer. He has $230 to spend and wants to buy either a flash for his camera or a new tripod. Both the flash
Mandarinka [93]

Answer:

This illustrates the principle that;

c.people face trade-offs.

Explanation:

Commercial transaction especially in business involve various situations that can mirror underlying economic principals, An example of the many economic principals is trade-off. This principal is explained in detail below;

1. Trade-off

A trade-off is a compromise between two desirable products that are incompatible. A trade-off usually involves the foregoing of one choice for the other, it usually involves the sacrifice of one of two products which have the same qualities but one only limited to picking one choice. A trade-off usually happens in business dealings. An example is a situation where one needs to purchase two items that have the same cost and the amount of money the buyer wants to buy can only be enough for one of the products. In this case, the buyer will have to sacrifice one product for the other based on the prevailing financial status limiting him/her from purchasing both of them.

Lawrence's case is a classic trade-off scenario since he is torn between buying a flash for his camera or a new tripod. He needs both of them with equal measure but he can only afford one at a time. This means that he will have to choose one over the other, a principle known as a trade-off.

7 0
3 years ago
Brooke and John formed a partnership. Brooke received a 40% interest in partnership capital and profits in exchange for contribu
spin [16.1K]

Answer:

$102,000

Explanation:

According to 26 US code Section 704(c) - Partner's distributive share :

Taxable gain to be recognized from sale = Sale value - ( Partner's share * Fair market value )

Brooke contributed the land, the gain realized before the land was contributed = $120,000 - $90,000 will be allocated entirely to her. She will also be allocated 40% of the gain after the contribution was made = ($150,000 - $120,000) x 40% = $30,000 x 40% = $12,000.

So the total gain recognized by Brooke will be $90,000 + $12,000 = $102,000.

Partnerships are pass through entities, the partners are taxed, not the partnership itself.

3 0
3 years ago
You come across a scientific study reported in the New York Times. The study says that adults who played varsity sports in high
dangina [55]

Answer:

There is no short answer.

Explanation:

We are given an article that presents a study that suggests adults who played varsity sports in high school have a 20% higher chance of earning a bachelor's degree in college than the ones who did not play during high school.

The outcome variable in this example, which is also the same as a dependent variable, is the chance of graduating from college with a bachelor's degree, which depends on whether that person played varsity sports during their high school years or not.

The treatment variable in this example, which is also the same as an independent variable, is whether the subject played varsity sports in high school or not which affects their chances of graduating from college with a bachelor's degree.

Counterfactual means thinking about an event in a way that did not actually happen, counter to the facts and it helps people feel more in control which in turn provides a psychological soothing effect. Counterfactual scenario in the given example for high school athletes would be not being able to earn a bachelor's degree despite having played sports in high school.

Thinking about the counterfactual scenario is important because it helps people get a sense of power and a feeling of control which is a primal instinct the brain needs to feel safe.

I hope this answer helps.

3 0
3 years ago
Other questions:
  • All of the following cost would be found on a company’s accounting records except
    11·1 answer
  • During the accounting period, the company purchased $234,000 of direct raw materials. it incurred $180,000 of direct labor costs
    11·1 answer
  • Olivia makes a negative statement about her employer on her social media account. Her manager sees it and fires her for violatin
    8·1 answer
  • In order to comply with DAVID Memorandum of Understanding requirements, a user must acknowledge understanding of:
    8·1 answer
  • While building the ancient pyramids, the Egyptians performed several management functions. They submitted written requests and c
    10·1 answer
  • Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics.
    6·1 answer
  • 1. An open market purchase A. shifts the supply curve for reserves to the right and causes the federal funds rate to fall. B. sh
    12·1 answer
  • An economic term for any person who uses goods or services. Sometimes a consumer buys a good or service. Sometimes, the goods or
    12·1 answer
  • The total factory overhead for Bardot Marine Company is budgeted for the year at $820,850, divided into four activities: fabrica
    9·1 answer
  • true or false: mitigation funds are often allocated for public infrastructure and facilities improvements because they support t
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!