Answer:
Strategic group
Explanation:
Combinations of companies which sell similar products combine to form a strategic group. It is a concept of management that identifies and separate companies working in the same industry. Similarly, in the above example, the stores are similar as all four are hardware stores; so to compete against each other, they form different strategies such as discounts so they use strategies which makes all of them strategic group.
Based on the given details the external business factor environment that did the company evaluate for its expansion is sociocultural.
Socio-cultural as a business external factor has to do with the environment culture or customs and belief as well as the type of fashion trend they have in vogue.
For a clothing company to be successful the consumer, their income level or wealth, growth rate and the environment at large has to be put into consideration.
The company has to as well evaluate the market activities of the country as this can help to influence their decision when trying to expand into another country market as well as their strategic goals when introducing their product into an another country.
Inconclusion the external business factor environment that did the company evaluate for its expansion is sociocultural.
Learn more about sociocultural here:brainly.com/question/24769813
Answer:
C) The market learing price may rise, fall, or stay the same, but the equilibrium quantity will rise.
Explanation:
An increase in demand would lead to an increase in demand and price.
An increase in supply would lead to an increase in supply and a fall in price.
The combined effect would lead to an increase in equilibrium quantity but the effect on equilibrium price would be indeterminate.
I hope my answer helps you
Radio & Television Is The Answer
Answer:
$ 75 000
Explanation:
Economic profit = total revenue from sales - ( total expenses + opportunity cost) = $ 600000 - ( $ 200000 + $ 175 000 + $ 45000 + $ 105000) = $ 75 000